Britain formally joins TPP in first expansion of Pacific trade pact

Britain officially joined a major trans-Pacific trade pact at a signing ceremony in New Zealand on Sunday, marking the first expansion of the accord since its entry into force in 2018 and bringing the bloc to cover 15 percent of global gross domestic product.The 11 original members of the so-called Trans-Pacific Partnership approved the accession of Britain at a ministerial meeting earlier Sunday. The latest development will shift the focus on the handling of other applicants, including China and Taiwan.Speaking at the signing ceremony in Auckland, Kemi Badenoch, Britain's secretary of stat…READ FULL ARTICLE