Earlier this month, UK Business Secretary Kemi Badenoch signed the “Comprehensive and Progressive Agreement for Trans-Pacific Partnership”. The CPTPP is a new trade deal with 11 Asian and Pacific countries, covering a trade area of about 500 million people or 15 percent of world GDP. More countries have applied to join. China is among then. …
The European Parliament has voted to approve the Deforestation Regulation (EUDR), as part of a whole range of proposals, including the new CBAM carbon border tariff. The new rules create new trade barriers and bureaucracy for wood imports, and have angered trading partners in South East Asia. 🌳Deforestation Parliament adopts new regulation to fight climate …
The Financial Times reports that The United Kingdom is “poised” to join the Asia-Pacific trade deal CPTPP, according to people involved in the talks. UK looks to ‘imminently’ join the trans-Pacific trading block https://t.co/hMi8Ivgii5 via @EllenAMilligan pic.twitter.com/GlKxcRJ0cj — Zoe Schneeweiss (@ZSchneeweiss) March 23, 2023 Part of the deal is reportedly that the UK will eliminate …