CPTPP

Debate between Marco Longhi and Philip Hollobone

Wednesday 21st April 2021 Westminster Hall

[Marco Longhi (Dudley North) (Con)]

It is a real pleasure to speak under your chairmanship, Mr Hollobone. I thank my hon. Friend the Member for Wycombe (Mr Baker) for securing the debate, and wish to align myself with the warm comments of the hon. Member for Strangford (Jim Shannon) and my hon. Friend the Member for Gloucester (Richard Graham) towards his good self. I followed and appreciated his endeavours well before I became a Member of this place.

Accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership—yes, I would like to call it the CPTPP as well—will clearly strengthen our place on the world stage, giving us a truly global outlook following our exit from the European Union. Joining this free trade area, which covered some £9 trillion of GDP in 2019 alone, could cut tariffs in vital UK industries such as food and drink, and the automotive sector. To be a little parochial here, that is so important for my Dudley North constituents, the black country and the west midlands as a whole. Accession will also create new opportunities in forward-leaning areas such as digital and data, and across a whole range of services.

Opportunities for trade and collaboration now exist far beyond the confines of the EU, and I know that the British people would want us to pursue membership for the huge benefits that it could bring. It creates the conditions for growth, trade and jobs, and we are well placed to take advantage of those economic benefits, with several significant free trade agreements already in place. I commend the efforts of the Secretary of State and her wonderful team in securing them in such a short space of time.

All countries have felt the economic pinch from protecting citizens from the horrors of the coronavirus pandemic. The CPTPP will allow us to further diversify our economic resilience and supply chain to build back better. Something that has concerned me over the previous couple of decades, as we have looked at a global Britain, is the issue of onshoring, which has perhaps become of greater significance in particular key sectors of our economy.

The UK is world leading in digital advancement and research. Modern digital trade rules that facilitate free and trusted cross-border data flows remove unnecessary barriers for British businesses, facilitating even more trade, including for some of our world-renowned products. The CPTPP is a very-high-standards agreement, and the rules will have huge benefits for the UK. The reality is that UK products such as beef and lamb have been locked out of overseas markets for unfair reasons, so it is in our interests to sign up to a high-standards agreement that would benefit many of our farmers across the UK significantly.

We already have extremely ambitious standards in areas such as the environment, animal welfare, food standards and intellectual property. It is in our interests to be in agreement with similar ones, so that we can ask the same of other countries and get access to their markets. Accession will grow our economy, increase revenue and create jobs. Let us do it as soon as possible. People are listening. Businesses are listening, and this is about confidence.

[Mr Philip Hollobone (in the Chair)]

We now come to the first of the Front-Bench speeches, which will be by Drew Hendry from the Scottish National party, who also wins the prize for the most colourful backdrop.