19/12/2024

UKFT Member Guide to CPTPP for UK fashion and textiles

UKFT has published guides for members, includingUK-New Zealand Free Trade Agreement;UK- Australia Free Trade Agreement; and the updatedComprehensive and Progressive Agreement for Trans-Pacific Partnership.UKFT has updated its guide to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which is exclusively available to members. To access your copy or to find out about membership, please contactinfo@ukft.orgThe Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force between the UK and eight other members: Japan, Singapore, New Zealand, Chile, Peru, Malaysia, Vietnam and Brunei on 15 December 2024. Australia will soon follow suit, entering into force on 24 December 2024.Canada and Mexico have yet to ratify the UK's accession toCPTPPso the UK will not be able to use provisions with those countries.This document explains what CPTPP is and how it works and what it will mean for UK fashion and textile companies once the UK has formally acceded to it. It will be revised over time as the UK adapts to life inside this new trade bloc after ratification.The document outlines:The context for fashion and textilesWhat CPTPP isThe strategic importance for the UKRules of Origin (ROO) and Product Specific Rules (PSR) of CPTPPFashion and textiles ROOs and PSRsStatements of OriginDate of entry into forceDuty arrangements under CPTPP from startF&T HCC categories included on a 0% duty basisF&T HCC categories which will still attract duty/quotaVAT required on import/export at the borderLabelling requirements for goods in target countryIntellectual property issuesSuggested wording for Certificates of OriginNot a member?For more details on membership clickhereor contactinfo@ukft.orgHelping UK fashion and textile companies to trade overseasUKFT has produced a series of guides to some of the key export markets for UK fashion and textiles and the latest Free Trade Agreements. We have also produced guides to some of the key import markets for UK fashion brands.The information set out in these guides provide a basic overview, however, UKFT has much more information and experience of how these markets work.UKFT GUIDES TO IMPORT AND EXPORT MARKETS

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