Mar 31st, 2023
2 mins
“The British Frozen Food Federation is pleased to learn of confirmation of the UK’s accession to the Comprehensive Progressive Agreement for Trans-Pacific Partnership (CPTPP). This trade agreement is good news for British businesses throughout the frozen food supply chain which are looking forward to more efficient trade relations with the Asia-Pacific region.
“Frozen food producers, distributors and retailers which have faced difficulties since the UK’s withdrawal from the European Union will be reassured that this new trade agreement is expected to boost the UK economy by £1.8bn in the long run, with more than 99% of UK exports to the bloc now eligible for zero tariffs.
“Frozen food has become an increasingly popular choice for consumers looking for high quality and affordable options in their weekly shop and I know that our members will seek to reach more international markets through this trade opportunity.”
