The UK’s membership of the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP) trade group brings new supply chain opportunities. They should not be overstated: the UK already has trade deals of varying sorts with all CPTPP members except Malaysia and Brunei. Export opportunities could add 0.4% to annual UK growth in shipments to the CPTPP group, with the largest opportunities in autos and organic chemicals. Membership of CPTPP may make access to Malaysia as a reshoring opportunity easier. Some of the biggest opportunities lie in electronic components, consumer ...
Supply Chain Research
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