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<p>Accession could see 99.9% of British exports being eligible for tariff-free trade
with members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
(CPTPP/TPP-11). £1.8bn worth of goods were exported to CPTPP countries by over 1,300
businesses in the South West of England last year.</p><p> </p><p>HM Government published
a scoping assessment in June 2021 that showed accession could result in a gross value
added benefit to the South West of England of £106m, and increase real wages across
the United Kingdom by £800m in the long run, compared to 2019 levels.</p>
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