According to a Reuters report on December 15, the United Kingdom officially became the twelfth member of the Trans-Pacific Trade Agreement including Japan, Australia and Canada on the 15th. After leaving the EU, the UK is seeking to deepen ties with the region and build global trade links.

The UK announced last year that it was seeking to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This is the largest trade deal struck since Brexit.

According to reports, the joining of the UK means that starting from the 15th, the UK will be able to apply the trade rules of the CPTPP and trade with 8 of the existing 11 members - Brunei, Chile, Japan, Malaysia, New Zealand, Peru, Singapore and Vietnam. - Reduce tariffs.

The UK estimates that the agreement could be worth £2 billion ($2.5 billion) per year in the long term - less than 0.1% of UK gross domestic product.

This agreement is not only of purely economic significance, but also of strategic significance.