To ask the Secretary of State for International Trade, what recent assessment she has made of the potential of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership to help influence future global trade standards.
27 May 2021
Joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will see the UK secure its place in a network of countries committed to free trade as part of the rules-based international system. Accession will demonstrate the UK’s place as a nation that champions the removal of barriers in world trade.
CPTPP is designed for expansion, meaning that its rules have the potential to become even further established across key economies in the Asia-Pacific region. This will allow the UK to play a key role in shaping standards for an ambitious agreement that has the potential to increase in global prominence over time.