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UKFT released updated version of CPTPP on December 15, 2024

  

Focusing on its trade relationships with eight member nations including Japan, Singapore, New Zealand, Chile, Peru, Malaysia, Vietnam and Brunei, the updated version of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was released by the UK Fashion and Textile Association (UKFT) on December 15, 2024.

Offering valuable insights to navigate this trade bloc, the guide delves into the implications of the CPTPP for UK fashion and textile companies. The document is set to evolve with the integration of UK.

Currently the guide highlights issues like fashion and textiles in context, understanding CPTPP, Rules of Origin (ROO) and Product Specific Rules (PSR), Fashion specific ROOs and PSR, statements of origin duty-free categories, VAT requirements, intellectual property, certificates of origin.

The guide complements UKFT’s broader range of resources aimed at helping UK fashion and textile businesses expand globally. This includes tailored guides to export markets and Free Trade Agreements, alongside comprehensive advice on key import markets.

 
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