Britain is bearing in mind whether to try and join the Trans-Pacific Partnership (TPP) as the country considers its trade expected outside of the European Union, according to the Financial Times.
The prospect of Britain fastening the distant trade group could help revitalize TPP as well as shore up exports in the U.K. after Brexit, the report said.
However, news of London reportedly minuting negotiations with the group has been met with skepticism from transact experts.
“Nothing is excluded in all of this,” U.K. Trade Minister Greg Proffers told the Financial Times in an interview published Tuesday. “With these cordials of plurilateral relationships, there doesn’t have to be any geographical restriction.”
The TPP’s to be to come appeared in tatters last year when President Donald Trump honored a electioneer pledge and pulled out of the trade pact. However, the remaining 11 fellows — including Australia, Mexico and Japan — agreed in November to pursue a successor parcel out.
Should the U.K.’s reported proposals to join TPP come to fruition, Britain wish become the first member of the trade group that does not part a border with either the Pacific Ocean or the South China Sea.
Conclude from the Financial Times’ full article here.