“Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) member countries agreed to hold first meeting with the UK for its inclusion into a pact in about a month,” Japanese Economy Minister Nishimura said on Wednesday.
Key quotes
“As CPTPP’s chair nation, want to work to hold meeting with the UK on inclusion in pact in September.”
“UK’s entry to CPTPP is 'very significant' in building free and fair economic order.”
Market reaction
USD/JPY is posted moderate gains to trade around 110.20 while GBP/USD remains pressured at 1.3735, as of writing.