and inflation falls sharply in the eurozone. will the european central bank change direction as a result? welcome to world business report. i mjagdip cheema. let s start with an important trade deal, because the uk has struck a deal to join a trans pacific trade pact consisting of 11 countries. together, these pacific rim countries which doesn t include the usa account for 13% of global gdp. the pact it s called the comprehensive progressive agreement for trans pacific partnership aims to cut 95% of import charges or tariffs. the initial gains for the uk economy may be only marginal, though that s according to the government s own estimates. we re nowjooined by our global trade correspondent, dharshini david. on one hand these 11 countries account for 13% of the world s income, but for the uk it might only be marginal growth as a result, is this a big deal? this a big deal? really good question- this a big deal? really good question- ct this a big deal? really
and inflation falls sharply in the eurozone. will the european central bank change direction as a result? welcome to world business report. i mjagdip cheema. let s start with an important trade deal, because the uk has struck a deal to join a trans pacific trade pact consisting of 11 countries. together, these pacific rim countries which doesn t include the usa account for 13% of global gdp. the pact it s called the comprehensive progressive agreement for trans pacific partnership aims to cut 95% of import charges or tariffs. the initial gains for the uk economy may be only marginal, though that s according to the government s own estimates. we re nowjooined by our global trade correspondent, dharshini david.