Oral Answers to Questions

Debate between Alan Mak and Elizabeth Truss

Thursday 14th January 2021 Commons Chamber

[Alan Mak (Havant) (Con)]

If she will make a statement on her departmental responsibilities.

[The Secretary of State for International Trade (Elizabeth Truss)]

In under two years, we have agreed trade deals covering 63 countries plus the EU, accounting for £885 billion of UK trade. This is unprecedented; no other country has ever negotiated so many trade deals simultaneously. In 2021, we will add to these deals: negotiations are already under way with the United States, Australia and New Zealand, and our planned accession to the comprehensive and progressive agreement for trans-Pacific partnership will hitch Britain to the fastest-growing markets around the world.

[Alan Mak [V]]

Can my right hon. Friend update the House on the UK’s accession to the CPTPP and explain how exporters from my constituency could expect to benefit?

[Elizabeth Truss]

Accession to the CPTPP is a priority for this Government and a key part of our trade negotiation programme. We aim to make our formal notification of our intent to accede soon. This agreement will give huge opportunities for British business to export more goods. We already export more goods to the CPTPP countries than to China. For example, 95% of goods are tariff-free under the agreement, and the strong data and digital provisions will really help British tech firms.