U.K. accepted as 12th member of CPTPP trade bloc

Group aims to finalize first nonfounding member's accession in July

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Container ships at the Port of Felixstowe in England. CPTPP members have agreed on Britain's entry into the grouping. © Reuters

KENTARO IWAMOTO, Nikkei staff writer

TOKYO -- Trade officials from the 11 member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership on Friday agreed on the U.K.'s entry, a milestone that will expand the Asia-Pacific bloc's coverage to the edge of Europe.

"They welcomed the substantial conclusion of the negotiations for the accession of the U.K. to the CPTPP," according to a joint ministerial statement released after the online meeting, where Britain was also present.

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