The country's international trade minister, Liz Truss, will hold talks with the ministers of Japan and New Zealand on Monday. He will apply to join the alliance on the same day.
The trade agreement already includes Australia, Canada, Japan, and New Zealand. The alliance's total production is 13 percent of the world's GDP. The journey of the Asia-Pacific Free Trade Agreement started in 2018 to continue the trend of economic development.
One of the world's leading economic blocs includes 11 countries, including Brunei, Chile, Malaysia, Mexico, Peru, Singapore, and Vietnam. The main goal of the Asia-Pacific Trade Agreement is to reduce trade tariffs between the Allies.
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