Which country became the first European nation to join the CPTPP trade bloc?

A)
France
B)
Germany
C)
United Kingdom
D)
United Arab Emirates

Correct Answer :   United Kingdom


* The United Kingdom has officially become the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), making it the first European nation to join the trade bloc.

* The CPTPP includes key countries like Canada, Japan, Australia, and Mexico, among others.

* This milestone follows Britain’s exit from the European Union (Brexit) as it seeks to build new global trade partnerships and expand its economic influence beyond Europe.

* By joining the CPTPP, Britain aims to strengthen its trade relationships with the Asia-Pacific region, signalling a strategic shift in its economic priorities.

Published On : December 16, 2024