UK to apply for TPP membership early next year

London seeks to expand Asian trade in post-Brexit world

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The U.K. seeks to join Japan, Vietnam, Malaysia, Singapore, Australia, New Zealand, Canada, Mexico, Peru, Chile and Brunei in the TPP.  © Getty Images

YUSUKE NAKAJIMA, Nikkei staff writer

LONDON -- The U.K.'s enthusiasm for the Trans-Pacific Partnership is real. On Monday, the British government said it looks to submit a formal bid to join the free trade pact early next year. 

"I hope to be able to formally apply early next year," Liz Truss, the British international trade secretary, told parliament, adding that the 11-member TPP "will give British exporters access to the fast-growing Pacific market."

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