LONDON -- The U.K. on Sunday signed an agreement to join the CPTPP in Auckland, New Zealand, formalizing its accession as the first new member to the 11-nation trading bloc, although analysts see little economic impact from the deal.
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Business and Trade Secretary Kemi Badenoch says joining the CPTPP "will help grow the U.K. economy." London's own assessment shows a boost of 0.08% over 15 years. (Photo courtesy of U.K. Department for Business and Trade)
LONDON -- The U.K. on Sunday signed an agreement to join the CPTPP in Auckland, New Zealand, formalizing its accession as the first new member to the 11-nation trading bloc, although analysts see little economic impact from the deal.