Open figure viewer
Significance
The accession agreement will be signed at the upcoming CPTPP ministerial meeting in Auckland, New Zealand, next month. In addition to the economic implications for all parties to the agreement, UK membership is of geopolitical importance.
Impacts
Beijing will closely monitor how the bloc evolves and what the political implications are for China.
Geopolitical complications will slow the applications of both China and Taiwan.
Consumers within the bloc will benefit from CPTPP enlargement.
The United Kingdom’s pro-Brexit political camp will highlight UK accession as post-Brexit progress.
© Oxford Analytica 2023. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2023
You do not currently have access to this content.
