The UK would be welcomed into the Trans-Pacific Partnership (TPP) with “open arms” after Brexit, Japan’s prime minister Shinzo Abe has said.
T he UK would be welcomed into the Trans-Pacific Partnership (TPP) with “open arms” after Brexit, Japan’s prime minister Shinzo Abe has said.
The trade deal, which has 11 signatories across the Pacific rim, has not been without controversy, however. President Donald Trump pulled the US out of the agreement just three days after his inauguration, saying it undermined the American economy.
So what is TPP and would it be worth the UK joining? What is the Trans-Pacific Partnership (TPP)?
Firstly – it is not the same as TTIP – the Transatlantic Trade and Investment Partnership, a proposed trade deal between the EU and the US, which has been in negotiations since 2013.
