Intelligent SME.tech Issue 35 | Page 19

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// INFOGRAPHIC // which exported £ 30 billion worth of services to CPTPP countries in 2021 – this is set to continue to grow through this agreement .

“ For the British consumer , the goods we import from these nations – whether it ’ s a Japanese television , Australian wine or Peruvian coffee – will be tariff-free . The existing taxes on these products are currently paid directly by consumers . Now , we will see far more of our familiar , everyday imported products available at lower prices . increase in the coming years . The Institute of Export & International Trade is ready to help businesses understand how they can realise the full potential of this agreement .” �
“ Since the UK announced its intention to join CPTPP , many other countries are now looking to join . Which means the potential market access and benefits will continue to significantly
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