Connect with us

Published

on

The UK has been accepted into an Indo-Pacific trade bloc in what the government says is its biggest trade deal since Brexit.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement between 11 countries across the Indo-Pacific, including Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam – and now the UK.

The partnership sees the countries open up their markets to one another, reducing trade barriers and tariffs, with the hope of bolstering the economies of its members.

Sunak hails UK joining CPTPP – live politics updates

Trade Secretary Kemi Badenoch said the UK’s accession to the CPTPP was formally confirmed in a telephone call between her and counterparts from the group at 1am BST on Friday.

The UK is the first European country to enter the agreement, and the government claims it will lead to a £1.8bn boost to the economy “in the long run”.

Prime Minister Rishi Sunak said the deal shows “what we can achieve when we unleash the benefits of Brexit”.

While the UK already has trade agreements with most of the CPTPP members, apart from Malaysia, UK officials said it would deepen existing arrangements, with 99% of UK goods exported to the bloc now eligible for zero tariffs.

This includes cheese, cars, chocolate, machinery, gin and whisky, while Downing Street said the services industry would also enjoy “reduced red tape and greater access to growing Pacific markets”.

The deal has been praised by a number of business groups, including the Confederation of British Industry (CBI), Standard Chartered bank and the world’s second-largest wine and spirits seller Pernod Ricard.

But other trade experts have warned it will not make up for the economic hit caused by leaving the European Union.

Chancellor Jeremy Hunt said joining the CPTPP is a “massive opportunity” for British exporters and shows “our influence in this part of the world is becoming more significant”.

Ms Badenoch told Sky News the difference between being part of the CPTPP and the EU is “we make the rules and regulations on our standards”.

She promised the deal is “not going to displace farmers in the UK” and said it will provide more competition for EU countries so “people don’t have to buy what they don’t want”.

Ms Badenoch admitted the lower tariffs will apply to palm oil, which is responsible for destroying orangutan habitats, but said you “have to make trade-offs” when doing a deal and said the UK currently buys 1% of Malaysia’s exports and “moving to 2% from 1% is not what is going to cause deforestation.”

She claimed the UK will have “more influence” on sustainability as part of the bloc – despite Greenpeace calling the deal “outrageous”.

“Palm oil is actually a great product, it’s in so many of the things we use,” she added.

“This is not some illegal substance we’re talking about and actually there are other crops in the EU that are causing deforestation that fit within EU rules.”

The UK began negotiations to join the bloc in September 2021 when Boris Johnson was in Downing Street.

The signatory countries of the CPTPP are home to 500 million people and the government claims the deal will be worth £11 trillion in GDP, accounting for 15% of global GDP.

However, critics said the impact will be limited, with official estimates suggesting it will add just £1.8bn a year to the UK economy after 10 years, representing less than 1% of UK GDP.

Mr Sunak said the agreement “puts the UK at the centre of a dynamic and growing group of Pacific economies”.

“We are at our heart an open and free-trading nation, and this deal demonstrates the real economic benefits of our post-Brexit freedoms,” he added.

“As part of CPTPP, the UK is now in a prime position in the global economy to seize opportunities for new jobs, growth and innovation.”

More politics:
Starmer ‘prepared to be ruthless’ to win election

Labour’s top second jobs earner says he’ll ‘live with’ any ban

‘Real milestone for British industry’

The announcement was welcomed by business group the CBI which called it “a real milestone for the UK and for British industry”.

Interim general director Matthew Fell said: “Not only does the agreement provide greater access to a group of fast growth economies representing 14% of global GDP and over 500 million consumers, but membership reinforces the UK’s commitment to building partnerships in an increasingly fragmented world.

“CPTPP countries and business need to work together to future-proof the rules-based trading system and stimulate growth with a focus on digital, services and resilient supply chains.”

Labour said the agreement represented “encouraging” progress but it needed to see details.

The party’s shadow trade secretary Nick Thomas-Symonds said: “The Conservative government’s track record in striking good trade deals is desperately poor.

“Other countries joining CPTPP arrangements have secured important safeguards and put in place support for their producers: it is vital that ministers set out if they plan to do the same.”

Members of a wild otter family called 'Bishan10' at Singapore's Marina Bay
Image:
Singapore is one of the now-12 members of the CPTPP


‘EU should be priority’

The Institute of Directors said it was “vital the UK signs trade deals to restore our international reputation since Brexit”.

But it added “complete reorientation” to the Indo-Pacific would not solve “the very real problem that businesses currently face – namely that they have many more trade related challenges than they did six years ago”.

“From our surveys, directors have told us that the EU-UK relationship is a priority issue the government needs to address in order to support business,” they said.

“UK companies still rely on the long-established links they have with EU markets, which are directly on our doorstep and with whom they have closer historical ties.

“The Indo-Pacific strategy will open up important opportunities for UK businesses, but the government must not forfeit the significance of our relationship with the EU in order to do so.”

Continue Reading

World

Sudan’s top paramilitary adviser says US calls to cut supply of weapons may ‘jeopardise ceasefire’

Published

on

By

Sudan's top paramilitary adviser says US calls to cut supply of weapons may 'jeopardise ceasefire'

A top adviser to the leader of the paramilitary Rapid Support Forces, or RSF, has said US secretary of state Marco Rubio’s remarks on halting weapons supplies “jeopardise ceasefire efforts”.

In his remarks yesterday, Mr Rubio called for international powers to stop sending military support to the RSF, the paramilitary group which has been at war with the Sudanese Army since 2023.

“This needs to stop. They’re clearly receiving assistance from outside,” Mr Rubio said.

In a statement on X, Elbasha Tibeig, adviser to RSF leader Mohammed Hamdan Dagalo, dismissed Mr Rubio’s comments as “an unsuccessful step” that does not serve global efforts aimed at reaching a humanitarian ceasefire.

Mr Tibeig said Mr Rubio’s comments may lead to an escalation of the fighting.

The US, Saudi Arabia, the United Arab Emirates and Egypt – known as the Quad – have been working on ways to end the war.

The war began in April 2023 after the Sudanese army and RSF, then partners, clashed over plans to integrate.

More from World

Last week, the RSF said they had agreed to a US-led proposal for a humanitarian ceasefire. Mr Rubio doesn’t believe the RSF intends to comply with that agreement.

“The RSF has concluded that they’re winning and they want to keep going,” he said yesterday.

He added that they’re “not just fighting a war, which war alone is bad enough. They’re committing acts of sexual violence and atrocities, just horrifying atrocities, against women, children, innocent civilians of the most horrific kind. And it needs to end immediately”.

Sudanese women who fled intense fighting in Al Fashir sit at a displacement camp in Al Dabba. Pic: Reuters/El Tayeb Siddig
Image:
Sudanese women who fled intense fighting in Al Fashir sit at a displacement camp in Al Dabba. Pic: Reuters/El Tayeb Siddig

The war has killed at least 40,000 people, according to the World Health Organisation, and displaced millions more. Aid groups say that the true death toll could be much higher.

The RSF is accused of committing war crimes and crimes against humanity across Sudan since the war started. Most recently, there were reports of mass killings during the fall of Al Fashir, a city which was recently captured by the RSF.

A Sky News investigation into events in Al Fashir found thousands were targeted in ‘killing fields’ around the Sudanese city.

Grab from RSF social media channels in Al Fashir, Sudan
Image:
Grab from RSF social media channels in Al Fashir, Sudan

Marco Rubio did not specify which countries he was referring to in his calls to halt arms supplies, but US intelligence assessments have found that the United Arab Emirates, a close US ally, has been supplying weapons.

Previous reporting on Sky News has supported allegations that the UAE militarily supports the RSF, though the country officially denies it.

“I can just tell you, at the highest levels of our government, that case is being made and that pressure is being applied to the relevant parties,” Mr Rubio said.

Continue Reading

World

Iraqi prime minister’s coalition wins parliamentary elections

Published

on

By

Iraqi prime minister's coalition wins parliamentary elections

A coalition led by Iraq’s prime minister has won the country’s parliamentary elections, Baghdad’s electoral commission has said.

Mohammed Shia al Sudani, who has led the Middle Eastern nation since 2022, was seeking a second term in power.

During the campaign, he attempted to portray himself as a leader who could bring stability to Iraq after years of crisis.

But many young voters saw the vote as a means for the country’s elite to divide the spoils of the country’s oil wealth among themselves.

Iraqi Prime Minister Mohammed Shia al Sudani. Pic: AP
Image:
Iraqi Prime Minister Mohammed Shia al Sudani. Pic: AP

The coalition Mr Sudani leads received 1.32 million votes. Turnout was 56.11%, the electoral commission said on Wednesday.

Supporters of the prime minister held celebrations in Baghdad shortly after the announcement of the preliminary results.

Hamid Hemid hailed his victory, saying: “He is the number one in Iraq, and not only Baghdad.”

However, the result does not mean Mr Sudani will necessarily remain the prime minister.

No single bloc of parties won enough seats to form the government themselves, meaning a coalition deal will have to be struck.

In several past elections in Iraq, the group winning the most seats has not been able to impose its preferred candidate.

Read more:
Trump asks for Netanyahu pardon
The ex-jihadi meeting Trump

After the last elections, which took place in 2021, a party led by influential Shia cleric Muqtada al Sadr won the largest number of seats but withdrew from negotiations to form a new government.

Speaking in a televised speech following the announcement of the initial results, Mr Sudani said: “The voter turnout is clear evidence of another success, reflected in the restoration of confidence in the political system.”

Iraq has been wrecked by violence and dominated by powerful Iran-backed militias since it was invaded by a US-led coalition in 2003.

Earlier this year, Mr Sudani travelled to London to negotiate a series of deals on the economy and diplomacy.

Speaking to Sky News during his visit, he insisted he was in control of Iraq despite the presence of armed groups using its territory to attack Israel.

He said: “We’re not embarrassed in any way, we carry out our duties to enforce the law, to maintain security and stability in Iraq and reject all means of violence. We won’t allow any side to dictate the decision between peace and war.”

Continue Reading

World

Ukraine ministers toppled amid embezzlement and kickbacks scandal

Published

on

By

Ukraine ministers toppled amid embezzlement and kickbacks scandal

Ukraine’s justice and energy ministers have resigned amid a major embezzlement and kickbacks scandal involving the state nuclear power company.

Volodymyr Zelenskyy called for the removal of Justice Minister Herman Halushchenko and Energy Minister Svitlana Grynchuk on Wednesday, with the pair later submitting their resignations.

The damaging scandal – fast becoming one of the most significant government crises since Moscow launched its full-scale invasion – has put top officials under scrutiny.

It could not come at a worse time for Ukraine, as Russia’s renewed attacks on energy infrastructure cause rolling blackouts and Kyiv’s outnumbered forces retreat under relentless assaults.

Svitlana Grynchuk file image. Pic: Reuters
Image:
Svitlana Grynchuk file image. Pic: Reuters

Site of a Russian drone strike in Kharkiv, Ukraine, on 12 November, 2025. Pic: Reuters
Image:
Site of a Russian drone strike in Kharkiv, Ukraine, on 12 November, 2025. Pic: Reuters

At the centre of the scandal, Mr Halushchenko and other well-known ministers and officials are alleged to have gained payments from constructing fortifications against Moscow’s assaults on energy infrastructure. Former Deputy Prime Minister Oleksiy Chernyshov is also alleged to have been involved.

Mr Halushchenko said he would defend himself legally, while Mr Grynchuk posted on social media: “Within the scope of my professional activities there were no violations of the law.”

The findings of a 15-month investigation, including 1,000 hours of wiretaps, were revealed by the same anti-corruption watchdogs Mr Zelenskyy sought to weaken earlier this year.

More from World

Herman Halushchenko - file image. Pic: Reuters
Image:
Herman Halushchenko – file image. Pic: Reuters

Blackout in Ukraine. Pic: Reuters
Image:
Blackout in Ukraine. Pic: Reuters

These resulted in the detention of five people, and another seven linked to about $100m (£76m) in alleged kickbacks in the energy sector.

Ukrainian officials are scrambling for European funds to manage mounting energy shortages as Moscow targets critical infrastructure and natural gas production in an attempt to damage public morale.

The nation has been plagued by corruption since gaining independence, and Mr Zelenskyy was elected on a mandate to eliminate graft.

Read more:
Newly opened 758-metre bridge in China collapses

Police in Germany arrest suspected Hamas member

Military procurement scandals also led to the ousting of Defence Minister Oleksii Reznikov in 2023.

Oleksandr Merezhko, a lawmaker with Zelenskyy’s party, said the scandal looks “really bad in the eyes of our European and American partners”.

He said: “Internally this scandal will be used to undermine unity and stability within the country. Externally, our enemies will use it as an argument to stop aid to Ukraine.

Volodymyr Zelenskyy,  Galushchenko and former Energoatom  CEO Petro Kotin. Pic: Reuters
Image:
Volodymyr Zelenskyy, Galushchenko and former Energoatom CEO Petro Kotin. Pic: Reuters

“While Russians destroy our power grid and people have to endure blackouts, someone at the top was stealing money during the war.”

But questions remain over how high the alleged corruption goes.

The National Anti-Corruption Bureau, known as NABU, refrained from identifying the suspects.

But it said they included a businessman, a former adviser to the energy minister, an executive who oversaw physical protection at state energy company Energoatem, and others responsible for money laundering. It dubbed the scheme “Midas”.

The agency also accused eight people of abuse of office, bribery, and possession of disproportionate assets.

The investigation, which NABU said conducted over 70 raids, was welcomed by the Ukrainian president, who urged officials to cooperate with it. Energoatom said the inquiry didn’t disrupt its operations.

Situation on the battlefield
Image:
Situation on the battlefield

NABU released excerpts of tapes in which the network, using code names and secretive language, discussed blackmail and pressuring Energoatom contractors to extract 10% to 15% in bribes and kickbacks in exchange for them to do business without facing internal blocks.

The network took advantage of a regulation enforced during martial law prohibiting contractors from claiming debts in court from companies providing essential services, such as Energoatom, which has annual revenues of around $4.7 billion (£3.6 billion). Four others worked to launder the money at a Kyiv office.

The tapes, which have not been independently verified, say about $1.2 million was handed to a former deputy prime minister, whom the plotters called “Che Guevara,” after the Argentinian revolutionary leader.

Ms Svyrydenko also said the cabinet submitted proposals to apply sanctions against Timur Mindich, a close associate of Zelenskyy, and businessman Alexander Tsukerman.

Continue Reading

Trending