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Trade

UK knocks on TPP door harder after EU exports fall 16%

Britain also nearing trade deals with India and Australia

British Prime Minister Boris Johnson reviews the Brexit trade deal with the EU that he signed at number 10 Downing Street in London, on Dec. 30.   © Reuters

LONDON -- A sharp drop in Britain's exports to the European Union following its exit from the bloc last year is adding a sense of urgency to the debate within the U.K. on whether to join the Trans-Pacific Partnership trade agreement.

The TPP's top decision-making body agreed Tuesday to formally begin the review to see if the U.K. meets the requirements to enter the 11-member trade bloc. The British government wasted no time in selling the public on the advantages the TPP has over the EU.

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