Our global pages
Close- Global home
- About us
- Global services/practices
- Industries/sectors
- Our people
- Events/webinars
- News and articles
- Eversheds Sutherland (International) Press Hub
- Eversheds Sutherland (US) Press Hub
- News and articles: choose a location
- Careers
- Careers with Eversheds Sutherland
- Careers: choose a location
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.
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.
- Discretion to stipulate selection criteria in a procurement competition
- Eversheds Sutherland advises the founders of Atreus Group GmbH on its sale to US-based, global leadership advisor, Heidrick & Struggles
- Eversheds Sutherland has advised W5 Solutions
- Briefing on the comprehesive amendment of the Labour Code effective as of 1 January 2023 - Part II. – Hungary
- Eversheds Sutherland has advised JCE and Monterro