Published: 03 September 2024  (Updated: 03 September 2024)

The UK to Join CPTPP by 15 December 2024

The UK has secured the sixth and final ratification required to trigger its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) before the end of this year.  

As a reminder, CPTPP is a free trade area spanning five continents and almost 600 million people once the UK joins.  Following Peru’s ratification of the deal to join the bloc, the agreement will now officially enter into force by 15 December 2024

Once the deal enters into effect, more than 99% of current UK goods exports to CPTPP members will be tariff-free, helping businesses export more to CPTPP markets.  

Before Peru, five other CPTPP members ratified the terms of the UK’s accession: Japan, Singapore, Chile, New Zealand and Vietnam.  This means the agreement will come into force with those members by 15 December, and subsequently with other members as they ratify.  DBT continues to work closely with the remaining member countries who are in the process of ratifying the deal.  More information can be found on DBT website.

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