CPTPP: Conclusion of Negotiations

David Mundell Excerpts

Monday 17th April 2023 Commons Chamber

[Kemi Badenoch]

The deal creates more flexible rules of origin regulations, which means that we will be able to sell tariff-free where there are integrated components of multiple products. Creating a more harmonised mutual recognition system between countries will make it much easier for those exporters, particularly in manufacturing, who want to take advantage of that. However, we also need to remember that this is not just an export of goods deal, but a services deal. The hon. Member for Gordon (Richard Thomson) talked about distance, but we cannot put services on a container. One of the fantastic things here is that we are making regulations easier across the board in those services sectors I mentioned, and that will be good for Scottish businesses as well.

[David Mundell (Dumfriesshire, Clydesdale and Tweeddale) (Con)]

I certainly welcome the opportunities for the Scotch whisky industry in Malaysia. Does my right hon. Friend agree that countries such as Australia and New Zealand, both of which have Labour Governments, have welcomed the UK’s accession to the partnership not just for the trade opportunities, but because of the values of this country and because they believe that our commitment to rules-based trade will enhance and grow the partnership?

[Kemi Badenoch]

My right hon. Friend has said it better than I could. This deal has been universally welcomed across the board by countries with Governments of different political flavours, because they recognise that it is good not just for the UK or for them, but for global trade more broadly.