UK to Join CPTPP

The U.K. last week said it “substantially concluded” negotiations to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, one of the last steps before other CPTPP members “complete domestic ratification procedures” to approve the U.K.’s accession to the deal (see 2210110026). The U.K. also released a document describing benefits the CPTPP will provide British traders, including the elimination of tariffs on more than 99% of U.K. goods exports.