Global menu

Our global pages

Close

UK exploring membership of Trans-Pacific Partnership

  • Ireland
  • General

23-01-2018

It was reported on 3 January that the UK is in talks to join the Trans-Pacific Partnership to try and boost exports after leaving the EU.
 
If the proposals go ahead Britain would be the first member of the trade agreement which does not have borders on the Pacific Ocean or the South China Sea. The trans-Pacific trade group is currently regrouping after losing the US, its largest member, when it withdrew from the agreement last year.  The 11 remaining member states include Australia, Mexico, Singapore and Canada. The UK is not permitted to make trade deals before it formally leaves the EU.
 
Combined spending from the 11 TPP countries currently makes up less than 8% of the UK’s export market, with Japan taking just 1.6% of UK exports, compared with the 11% bought by Germany.
 

Sean Ryan, Partner

This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

< Go back

Print Friendly and PDF

© Eversheds Sutherland 2022. All rights reserved. Eversheds Sutherland is a global provider of legal and other services operating through various separate and distinct legal entities.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.