UK Accession to CPTPP

Nigel Evans Excerpts

Thursday 22nd February 2024 Commons Chamber

Select Committee statement

[Mr Deputy Speaker (Mr Nigel Evans)]

We now come to the Select Committee statement. The Chair of the Business and Trade Committee, the right hon. Member for Birmingham, Hodge Hill (Liam Byrne), will speak for up to 10 minutes, during which no interventions may be taken. At the conclusion of his statement, I will call Members to ask questions on the subject of the statement, which should be brief and not full speeches. I emphasise that questions should be directed to the Select Committee Chair, not the relevant Government Minister. Front Benchers may take part in questioning. I call Liam Byrne.

--- Later in debate ---

[Liam Byrne]

I am grateful to the Minister for that question and for welcoming the report. We look forward to welcoming him before the Committee at some point in the near future to talk about some of our forthcoming reports on export-led growth. The point he makes is right and I am glad that, for once, he and I agree on the numbers—that has not always been the case. The reason we wanted to flag it is that the Government’s impact assessment states:

“CPTPP membership acts as a gateway to the wider Indo-Pacific region which is expected to account for the majority…of global growth between 2021 and 2050.”

We appreciate that all Governments need to hard-sell their policy achievements—that is the nature of the game we are in—but it is important that we do not oversell the treaty. The reality is that it accounts for only quite a small fraction of the Indo-Pacific market, which is trumpeted in the impact assessment and in the integrated review as one of the treaty’s virtues. We must be clear-eyed and hard-headed about precisely what gain comes from this treaty specifically, and it would help us all, frankly, if the Government set out their road map for growing the treaty in future.

[Mr Deputy Speaker (Mr Nigel Evans)]

I thank the Chair of the Select Committee for making his statement and responding to questions.