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CPTPP: Conclusion of Negotiations

17 April 2023

Lead MP

Kemi Badenoch

Debate Type

Ministerial Statement

Tags

EconomyClimateBrexitForeign AffairsBusiness & TradeAgriculture & Rural AffairsStandards & Ethics
Other Contributors: 22

At a Glance

Kemi Badenoch raised concerns about cptpp: conclusion of negotiations in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Government Statement

EconomyClimateBrexitForeign AffairsBusiness & TradeAgriculture & Rural AffairsStandards & Ethics
Government Statement
The Minister announced the UK's substantial conclusion of negotiations to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). She highlighted the strategic importance of joining CPTPP, which is expected to grow faster than the EU over the next three decades. The agreement will enhance access to a market of more than 500 million consumers, representing about 15% of global GDP. Key benefits for British businesses include tariff-free trade on 99% of current goods exports to CPTPP members and new opportunities in Mexico and Canada. Farmers will benefit from increased market access, including zero-tariff access to Canada's butter and cream market and reduced tariffs on whisky to Malaysia. The deal includes comprehensive chapters on environmental protections, anti-corruption measures, and workers' rights, ensuring that UK standards remain high. The Government plans to follow the Constitutional Reform and Governance Act 2010 process for ratification.

Shadow Comment

Nick Thomas-Symonds
Shadow Comment
The Shadow Secretary of State criticised the lack of detail in the Minister's statement, questioning the projected economic impact on GDP. He highlighted concerns about trade deals' quid pro quo and sought specifics on safeguards for UK producers, particularly regarding investor-state dispute settlement mechanisms. Questions were raised about support for agriculture and protection against palm oil imports linked to deforestation. The Labour MP also asked for engagement with devolved Governments and assurances that the CPTPP agreement will not undermine the Windsor framework. Concerns were expressed over China's application to join and the assurance of strong workers' rights, urging proactive steps to boost export figures.
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