Accession of the United Kingdom to CPTPP
UK addition to the CPTPP / From Wikipedia, the free encyclopedia
The accession of the United Kingdom to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been on the current agenda for the enlargement of the CPTPP since 2 June 2021, when the CPTPP Commission decided to move forward with the application of the United Kingdom as an aspirant economy.[2] The United Kingdom officially applied for CPTPP membership on 21 February 2021.[3] Accession negotiations between the UK and the 11 current CPTPP members negotiations were concluded on 31 March 2023.[4][5][6] The UK formally signed the accession protocol on 16 July 2023.[7] The UK and at least 6 of the 11 existing member nations will need to ratify the accession protocol before it takes effect.[8] The UK Government expects the entry into force to take place in the second half of 2024.[9]
Type | Trade agreement accession protocol |
---|---|
Signed | 16 July 2023 |
Location | Auckland (New Zealand) and Bandar Seri Begawan (Brunei) |
Effective | not in force |
Condition | 60 days after ratification by the UK and all 11 (or: 15 months after signature: 6) CPTPP members |
Signatories | |
Parties | |
Depositary | Government of New Zealand |
Languages | English (prevailing in the case of conflict or divergence), French, and Spanish[1] |
The UK will become the first non-original member and European country to join CPTPP. As of 2023[update] it is one of seven CPTPP applicant countries, together with China, Costa Rica, Ecuador, Taiwan, Ukraine, and Uruguay.[10]