UK trade secretary to discuss joining CPTPP with Australia & NZ

Trevelyan is also on the visit to promote Global Britain and opportunities for UK businesses after the UK signed trade deals worth £800 million with New Zealand and £2.3 billion with Australia, respectively, according to a press release by the Foreign, Commonwealth, & Development Office and The Rt Hon Anne-Marie Trevelyan MP.

UK’s international trade secretary Anne-Marie Trevelyan’s visit to New Zealand and Australia could offer an opportunity to discuss both countries’ continued support for the UK’s accession to the CPTPP by the end of 2022. The CPTPP is a £9 trn trading block, which could allow 99.9% of UK exports to become eligible for tariff-free trade with member countries.

“This is her first visit since the Free Trade Agreements (FTA) were signed and is a key part of our work to prepare businesses to make the most of the deals. In New Zealand, I’m particularly pleased we are able to meet with so many Maori businesses who will benefit from the FTA Chapter to promote the benefits of international trade. This visit will showcase amazing British companies showing how UK innovation, technology, and skills in the region are being used in partnership to deliver economic growth,” said Louise Cantillon, British consul general and deputy trade commissioner Asia Pacific (Australia and New Zealand).

“I am delighted to host the International Trade Secretary during this important visit, focused on how to maximise the benefits of the FTA, the UK’s efforts to join the CPTPP, and future cooperation on global trade. There is huge potential for economic growth by working together, increasing prosperity for both countries,” said Iona Thomas, British high commissioner to New Zealand.

Fibre2Fashion News Desk (NB)