To use this site, please disable the ad blocking feature and reload the page.
This website uses cookies to collect information about your visit for purposes such as showing you personalized ads and content, and analyzing our website traffic. By clicking “Accept all,” you will allow the use of these cookies.
Users accessing this site from EEA countries and UK are unable to view this site without your consent. We apologize for any inconvenience caused.
REUTERS/Phil Noble Union Jack flag flies above a Unionist mural in Larne, Northern Ireland December 30, 2020.
Jiji Press
10:42 JST, March 30, 2023
TOKYO (Jiji Press) — Japan, Australia and other members of the Trans-Pacific Partnership free trade deal are seen reaching a broad agreement in the near future on Britain joining the framework, it was learned Wednesday.
In July, officials from the 11 member nations and Britain are expected to sign off on the country’s TPP entry in New Zealand.
Britain will join the framework following domestic procedures at signatory countries, becoming the first to join the pact since it came into force in 2018.
The TPP deal features tough standards on free trade and economic activities, including on intellectual property protection, as well as tariff elimination for farm and industrial goods.
In order to join the group, countries are required to fully comply with the standards. Membership must also be approved by all existing member nations.
The current TPP members reached the conclusion that Britain can meet the standards, based mainly on discussions among chief negotiators held in Vietnam late last month.
Britain initially showed reluctance to open up its agricultural market to some countries, but it is believed to have agreed to remove almost all tariffs on farm and industrial goods as required under the TPP deal.
