Issued by: Department for Business, Innovation, Science and Trade

As of Tuesday 1 September, UK businesses now have full access to the £13 trillion CPTPP trading bloc.

• UK businesses now have complete access to the CPTPP trading bloc, with economies worth almost £13 trillion in combined GDP with the UK included.

• From food and drink exporters to service providers, UK businesses can now take advantage of the full benefits of CPTPP membership.

• New opportunities with Canada include enhanced business mobility and greater access to public procurement.

British businesses can now access the full benefits of the UK’s membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

The UK signed the CPTPP in 2023, and it entered into force in 2024 with the first countries that had ratified.

Canada is the final country to have ratified our accession, so from today (1 September) businesses have access to all 11 CPTPP member countries, with economies worth almost £10 trillion in 2025.

The agreement is expected to deliver around £2 billion a year to the UK economy in the long run.

This is a significant milestone for British businesses, giving them greater opportunities to export across the globe thanks to improved market access and fewer barriers to doing business overseas.

Minister for Trade Anas Sarwar said:

"With full access to the CPTPP, there are now new opportunities for British businesses across some of the world’s fastest-growing markets.

"Whether it’s selling our world-class food and drink or winning public contracts, we will continue to back British business to succeed across the world, driving growth and creating jobs across the country."

UK businesses operating in Canada will benefit from easier travel arrangements under CPTPP, with eligible business visitors now able to stay for up to six months, compared with the previous limit of 90 days in any six-month period.

The Chancellor also met with Canadian Finance Minister François-Philippe Champagne at the G20 Finance Ministers and Central Bank Governors summit in North Carolina USA, where they welcomed the UK’s accession to the CPTPP.

Chancellor of the Exchequer John Healey said:

"We want good growth felt in every postcode, not just measured on a graph.

"Full access to this trading block opens the door to new customers, contracts and investment for British businesses. We are backing UK firms to take full advantage of these opportunities, so they can boost their exports and help drive growth and well-paid jobs everywhere."

The agreement will provide businesses in both countries enhanced access to each other’s public procurement markets that were not covered under previous agreements.

This creates new opportunities for UK suppliers of goods and services, expanding access in sectors such as air transport, accounting and financial services.

By being able to access a broader range of commercial opportunities, businesses can expand and grow to showcase the talent we have here in the UK and help drive growth in every postcode.

Businesses have already been benefitting from the CPTPP, with agri-tech firm EmTech taking advantage of expanded business mobility to export its products to member countries.

Ken Baker, Managing Director, EmTech Hatchery Systems said:

"The CPTPP’s business mobility benefits have already benefitted EmTech’s export activity, particularly in Peru and Mexico where we have already exported our innovative technology.

"We have also exported our products to Canada and are hopeful that the UK’s full accession to the CPTPP will create further opportunities in this market for growth in the future."

Over 99% of our current goods exports to CPTPP member countries will be eligible for zero tariffs, improving goods market access for British firms.

Consumers and businesses can benefit from better choice, with cheaper import prices for high-quality goods like fruit juices from Chile and Peru and chocolate from Mexico.

Background:

• Canada ratified the UK’s accession to CPTPP on 3 July 2026 which enters into force on 1 September 2026.

• Members of CPTPP are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, United Kingdom

• The collective GDP value of all the CPTPP member states, prior to UK accession, was £9.8 trillion in 2025 according to the IMF World Economic Outlook published in April 2026.

• With the UK as a member of CPTPP, the collective GDP value was worth £12.9 trillion in 2025. Figures have been converted from US dollars to UK pounds using the Bank of England average spot exchange rate for 2025.

• The UK and Canada continue to have a bilateral free trade agreement in force, the Trade Continuity Agreement. Prior to CPTPP EiF, under the TCA mobility was as follows - business visitors for investment purposes: stay permitted up to 90 days in any six-month period.

Emtech:

• EmTech designs and manufactures advanced poultry incubation and ventilation systems that are exported worldwide and support poultry production for meat, eggs and vaccine development - Welcome To EmTech Hatchery Systems Ltd. - EmTech Hatchery Systems Ltd [https://www.emtech-systems.com].

• CPTPP supports EmTech’s international growth by making it easier for engineers and technical specialists to travel for installations, training and after-sales support in member countries.

• The agreement also helps streamline customs processes and improve access for services exports, reducing delays, supporting customer partnerships and making it easier for EmTech to compete and expand across CPTPP markets.

Statistical sources:

• CPTPP GDP – Data Explorer [https://data.imf.org/en/Data-Explorer?datasetUrn=IMF.RES:WEO]

• CPTPP impact assessment: https://www.gov.uk/government/publications/cptpp-impact-assessment/impact-assessment-of-the-uks-accession-to-the-cptpp-executive-summary-web-version

Tags

More Like This

£2 billion boost to growth as UK joins major trade group

UK joins groundbreaking global digital trade agreement

UK concludes trade deal with India

New Government drives forward trade talks to turbocharge economic growth

UK and Gulf strike historic multi-billion-pound trade deal

PM secures new agreement with EU to benefit British people

Unprecedented services trade deal unveiled as UK seals agreement with Switzerland

Prime Minister secures thousands of British jobs and £6 billion in investment and export wins as historic trade deal with India signed