Regional Comprehensive Economic Partnership

Baroness McIntosh of Pickering Excerpts

Tuesday 15th December 2020 Lords Chamber

[Lord Grimstone of Boscobel (Con)]

My Lords, UK accession to the Trans-Pacific Partnership Agreement would secure increased trade and investment opportunities and help us diversify our trading links, and we believe that that would be to the benefit of the United Kingdom.

[Baroness McIntosh of Pickering (Con)]

My noble friend said that we had signed 27 out of 59 free trade agreements; are those 59 agreements all those that we were party to through our EU membership? When might those negotiations on the remaining EPAs be concluded?

[Lord Grimstone of Boscobel (Con)]

My Lords, only a small handful of agreements have not yet been concluded. We are anxious and keen to conclude those but, of course, it takes two to make a trade agreement, and we are in the hands of our partners for the timing of some of those.