Why in News?
- UK will become the first new member, and the first in Europe, to join the CPTPP since it came into force in 2018.
About Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP):
- It is a free trade agreement (FTA) between 11 nations: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
- It was signed in March 2018.
- It succeeded the Trans-Pacific Partnership (TPP) after the United States withdrew from the TPP in 2017.
- All 11 countries of CPTPP are members of the Asia-Pacific Economic Cooperation (APEC).Â
What is the Asia-Pacific Economic Cooperation (APEC)?
- It is a forum of 21 Asia-Pacific economies established in 1989.
- Members: Australia; Brunei Darussalam; Canada; Chile; People’s Republic of China; Hong Kong, China; Indonesia; Japan; Republic of Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; the Philippines; the Russian Federation; Singapore; Chinese Taipei; Thailand; the United States of America; Vietnam.
- It seeks to promote free trade and economic cooperation throughout the Asia-Pacific region.
- The APEC Secretariat, headquartered in Singapore, provides advisory and logistic services as well as research and analysis.
- APEC decisions are reached by consensus, and commitments are made on a voluntary basis.
Q1)Â What is a free trade agreement (FTA)?
A free trade agreement is a pact between two or more nations to reduce barriers to imports and exports among them. Under a free trade policy, goods and services can be bought and sold across international borders with little or no government tariffs, quotas, subsidies, or prohibitions to inhibit their exchange.
Source: U.K. to join Asia-Pacific trade treaty, Rishi Sunak hails ‘post-Brexit freedom’
Last updated on Sep, 2026
→ UPSC 2027 Notification will be released on 13 January 2027 at upsconline.nic.in.
→ Asian Games 2026 are being held in Aichi-Nagoya, Japan, from 19 September to 4 October.
→ Check out the latest UPSC Syllabus here.
→ Download UPSC Model Answers for Mains 2026
→ UPSC Mains Question Paper 2026 is out now for Essay & GS Paper 1, 2, 3 & 4.
→ UPSC Calendar 2027 has been released.
→ Enroll in Vajiram & Ravi’s UPSC Mains Test Series 2027 for structured answer writing practice, expert evaluation, and exam-oriented feedback.
→ Join Vajiram & Ravi’s UPSC Mentorship Program 2027 for personalized guidance, strategy planning, and one-to-one support from experienced mentors.
→ Go through the UPSC Mains Previous Year Papers to enhance your preparation.
→ UPSC has released UPSC Toppers List 2025 with the Civil Services final result on its official website.
→ Also check Best UPSC Coaching in India
