Speaking to the think tank Policy Exchange, the Secretary of State for International Trade explained how negotiations are going well to secure the post-Brexit deal expected next year. In a discussion with former Australian Prime Minister Tony Abbott and veteran journalist Charles Moore, Liz Truss added how the move will see the UK take part in a free-trade area worth nine-trillion pounds as Britain takes on a more \"offensive position\" with its trade ambitions.<\/p>\n
Liz Truss told the Policy Exchange panel: Australia was a very positive move forward, it was our first from scratch post-Brexit trade deal.<\/p>\n
We have moved from quite a defensive position on trade to a much more offensive position.<\/p>\n
Pushing very hard on UK areas of interest like digital services, mobility - we are the second-largest services exporter in the world<\/p>\n
We have a huge opportunity, not just with Australia and New Zealand which we are also negotiating at the moment.\"<\/p>\n
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She added: But with the entry to the Trans-Pacific Partnership... that is a nine trillion pound area that the UK is poised to join!<\/p>\n
Ms Truss confirmed how those negotiations are going well and that they should conclude next year (2022).<\/p>\n
The Trade Secretary added how that deal will be a huge step forward for the United Kingdom as it pursues life outside of the bloc.<\/p>\n
She also added how the UK is also not planning on leaving the relationship with the USA behind either.<\/p>\n
The Trans-Pacific Partnership (CPTPP) which stands for Comprehensive and Progressive Agreement for Trans-Pacific Partnership is a free-trade partnership of eleven countries in the Pacific region of the world.<\/p>\n
Its members include Australia, Brunei, Chile, Canada, Japan, Malaysia,Mexico,New Zealand,Peru,Singapore, andVietnam.<\/p>\n
The Partnership makes up 13.4 percent of global GDP making it one of the biggest free-trade regions in the world and a major centre for global trade.<\/p>\n
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Take that EU! Brexit Britain on track to strike multi-billion CPTTP agreement by 2022 - Daily Express<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Speaking to the think tank Policy Exchange, the Secretary of State for International Trade explained how negotiations are going well to secure the post-Brexit deal expected next year. In a discussion with former Australian Prime Minister Tony Abbott and veteran journalist Charles Moore, Liz Truss added how the move will see the UK take part in a free-trade area worth nine-trillion pounds as Britain takes on a more \"offensive position\" with its trade ambitions. Continue reading