The 11 members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, including Japan, are expected to reach broad agreement with Britain on its membership.
The CPTPP took effect in 2018. Britain will be the first country to be approved other than the original 11 members, which include Australia, Canada and countries of the Asia-Pacific.
The pact liberalizes not only tariffs, but also investment and services. It also sets common rules in a wide range of areas, including intellectual property and e-commerce.
Britain has been seeking to boost its economy by strengthening ties with countries outside the European Union since it departed from the bloc in 2020. It applied to join the CPTPP in 2021.
Ministers of the 11 countries are expected to meet online and officially approve Britain's membership as early as Friday.
Britain is one of the world's leading economies with a population of more than 60 million. If it joins the CPTPP, the Asia-Pacific partnership will spread to Europe.
The United States initially took part, but former President Donald Trump withdrew the US from the pact.
Japan hopes that Britain's membership will help to bring the US back to the partnership.
China, Taiwan, Ecuador, Costa Rica and Uruguay have also applied for CPTPP membership.
The CPTPP took effect in 2018. Britain will be the first country to be approved other than the original 11 members, which include Australia, Canada and countries of the Asia-Pacific.
The pact liberalizes not only tariffs, but also investment and services. It also sets common rules in a wide range of areas, including intellectual property and e-commerce.
Britain has been seeking to boost its economy by strengthening ties with countries outside the European Union since it departed from the bloc in 2020. It applied to join the CPTPP in 2021.
Ministers of the 11 countries are expected to meet online and officially approve Britain's membership as early as Friday.
Britain is one of the world's leading economies with a population of more than 60 million. If it joins the CPTPP, the Asia-Pacific partnership will spread to Europe.
The United States initially took part, but former President Donald Trump withdrew the US from the pact.
Japan hopes that Britain's membership will help to bring the US back to the partnership.
China, Taiwan, Ecuador, Costa Rica and Uruguay have also applied for CPTPP membership.
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Summary
11 CPTPP members, including Japan, expect to approve Britain's membership, making it the first non-original signatory. CPTPP, which took effect in 2018, liberalizes trade, investment, and services across Asia-Pacific, with common rules in areas like intellectual property and e-commerce. Britain,
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| 2023/03/30 11:21 | Anonymous | 205 | - | - |
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ID: 4eac9815-1344-479d-bf40-769cc9be7397
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20230330_04/
Date: March 30, 2023
Created: 2023/03/30 07:29
Updated: 2025/12/09 05:39
Last Read: 2023/03/30 11:21