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CPTPP: benefits for the UK

10 benefits for the UK from our accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

From:
Department for Business and Trade
Published
17 July 2023

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CPTPP: 10 benefits for the UK

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This document explains some of the benefits for businesses and consumers following the UK accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

The benefits include:

  • strengthening ties with some of the world’s most dynamic economies
  • opening new markets for services providers
  • modern and ambitious digital and data provisions
  • cutting tariffs on goods exports
  • new opportunities to diversify supply chains
  • providing the whole of the UK with new export opportunities
  • a trade deal with Malaysia and Brunei for the first time
  • more access to high-quality imported goods
  • strengthening economic security
  • encouraging investment
Published 17 July 2023

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