Saturday, December 04, 2021

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UK seeks Mexico’s support to join Trans-Pacific Pact

UK seeks Mexico’s support to join Trans-Pacific Pact

London, Sep 23 (Prensa Latina) British Foreign Secretary Liz Truss will travel on Thursday to Mexico to seek support to the wishes for Britain's post-Brexit ties to join the Trans-Pacific Partnership and discuss a new bilateral free trade agreement.
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According to the British Foreign Office, the new foreign secretary, who replaced Dominic Raab last week, will travel to Mexico from New York, where she participated with Prime Minister Boris Johnson in the 76th period of sessions of the United Nations General Assembly.

Fostering a closer relationship with Mexico is part of our plan to strengthen the economic, diplomatic and security ties with allies that share our defense of free trade and free enterprise, Truss said in a communique.

According to the foreign secretary, the signing of a new and updated UK-Mexico trade agreement would pave the way so that London can join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

A month after the United Kingdom abandoned the European Union as part of the Brexit, the British Government formalized its request to join the CPTPP, consisting of Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

The trans-Pacific pact is considered one of the world’s largest trade agreements, by representing more than 13 percent of global Gross Domestic Product (GDP).

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