Trans-Pacific Partnership

The UK on Sunday formally signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, a move it says will help grow the country's economy and provide access for British businesses to a market of over 500 million people. UK Business and Trade Secretary Kemi Badenoch, who is also leading the ongoing free trade agreement (FTA) negotiations with India, signed the pact agreed earlier this year during a visit to Auckland and hailed it as a major post-Brexit win for the country. The UK will now seek to ratify the agreement, which will include parliamentary scrutiny as the CPTPP member countries complete their legislative processes to admit Britain into the trading bloc of which India is not a member. I'm delighted to be here in New Zealand to sign a deal that will be a big boost for British businesses and deliver billions of pounds in additional trade, as well as open up huge opportunities and unparalleled access to a market of over 500 million ...

Britain will next week formally apply to join a trans-Pacific trading bloc of 11 countries, with negotiations set to start later this year, the government has said.

Last January, Trump announced to officially withdraw the US from the Pacific trade deal in a largely symbolic move

Vietnam raised changes to labour rights, intellectual property provisions

Japan and others to discuss agreement this weekend, bypassing the US & China

This move of Donald Trump is a big blow to this mega trade deal

It is in Asia, where the US faces its toughest choices regarding its response to China's growing activism, the Bush-era official said

Trump released a video laying out actions he would take on his first day in office on Jan. 20, including withdrawing the US from the Trans-Pacific Partnership

Australia said that it wanted to push ahead with a Chinese-led trade pact that would cover Asian nations from Japan to India but exclude the US

The annual APEC summit got under way in Lima just over a week after Trump's surprise victory dashed hopes of the largest-ever US-proposed trade deal

The election of Donald Trump, a fierce critic of the TPP, as the US President has cast doubt on the future of the deal