By Jessica Frank-Keyes The UK has hit a “major milestone” in its efforts to join the Comprehensive and Progressive Trans-Pacific Partnership trade pact as it ratified the terms of agreement ahead of schedule. Britain is now set to join the bumper Indo-Pacific trade pact later this year, once three more world economies have ratified by October. Trade policy minister Greg Hands is set to announce the news while in Arequipa, Peru, during a trade trip where the UK-Peru agreement on avoiding double taxation was reached. He said: “The UK has been racing to get our ratification done because we know h…