we use your sign-up to provide content in ways you've consented to and to improve our understanding of you. this may include adverts from us and 3rd parties based on our understanding. you can unsubscribe at any time. more info  sign up fornow and never miss the top politics stories again  ministers say the uk is “on track” to become part of the £9trillion comprehensive and progressive trans-pacific partnership (cptpp) next year.  we're not in the single market anymore! liz truss erupts at eu  joining one of the world’s largest free trade areas would ultimately trigger major tariff cuts in industries such as food, drink, cars and tech.  additionally, the uk would form closer alliances with 11 current members including australia, canada, japan, malaysia and singapore.  in a report for the centre for policy studies (cps), conservative mp anthony mangnall points out that membership could see the proportion of uk exports eligible for tariff-free access rising from 85.4% to 99.9%, with the potential to boost gdp by up to £20billion a year if the us joined the cptpp before the uk managed to agree a bilateral fta with washington.  “cptpp offers a huge opportunity for britain,” he writes. “the benefits of joining are clear – an economic boost to the whole of the uk, geo-political support to our allies and the development and standardisation of global trade rules.  “our membership to cptpp does not reduce our high standards or strip away our sovereignty [but] seeks to raise standards and provides a platform for the uk to play a leading role in shaping the future of trade.”  foreign secretary liz truss made becoming a member of the cptpp a key priority for the uk in her previous role as international trade secretary.  last week, britain and india kicked-off talks on a new free trade agreement worth almost £30billion.
hope of £20bn a year jobs boost for brexit britain in asian-pacific bloc