House of Commons · Written Ministerial Statement
Trade Update: CPTPP and Mexico
28 November 2022 · Department for International Trade
Proposed by Kemi Badenoch Con North West Essex
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- UK trade negotiations for joining the CPTPP and with Mexico are ongoing.
- CPTPP membership is seen as a way to enhance business resilience through diversified supply chains.
- The UK is engaged in virtual negotiations with Mexico to understand their positions across various policy areas.
Issue summary
The statement updates Parliament on progress in the UK's trade negotiations towards joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and with Mexico.
Action requested
The minister has provided an update on ongoing discussions, highlighting that CPTPP membership could support business resilience through diversified supply chains. The UK is continuing to build understanding of Mexico’s positions in virtual negotiations across multiple policy areas. No specific future action beyond continued negotiations is proposed.
Key facts
- Latest round of CPTPP talks took place in Sydney from 10-13 October 2022.
- Malaysia will enter the CPTPP into force on 29 November 2022 after completing ratification process.
- Round two of UK-Mexico trade negotiations covered 29 policy areas over 35 sessions virtually from 31 October to 11 November 2022.