UK's accession to CPTPP promotes trade with Vietnam, British Ambassador
WVR-British Ambassador to Viet Nam Iain Frew believed that the UK's accession to CPTPP will strengthen trade relationship between the UK and Viet Nam even further.
Business and Trade Secretary of the UK Kemi Badenoch has formally signed the treaty to accede to CPTPP trade bloc in New Zealand this morning, kickstarting the UK’s membership of a modern and ambitious trade deal spanning 12 economies across Asia, the Pacific, and now Europe.
Sharing his views on this occasion, British Ambassador to Viet Nam Iain Frew said: “I am delighted that the UK has signed the agreement to accede to CPTPP. Total trade between the UK and Viet Nam has recently reached £6.9 billion - an increase of 29% on last year and I'm confident that the UK's accession to CPTPP will strengthen this even further.
This shows the UK’s strategic commitment to the Indo-Pacific region. I am grateful to the Government of Viet Nam for their support and collaboration in accession, particularly meaningful as we celebrate 50 years of diplomatic relations between our countries. I look forward to working closely with the Government of Viet Nam, other partners and businesses to make the most of this new partnership.”
