Comprehensive and Progressive Agreement for Trans-Pacific Partnership
Debate between Nigel Huddleston and Mark Pritchard(1 year, 4 months ago)
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Nigel Huddleston
Again, I am sorry to hear hon. Members conflate different points. We have left the European Union—that was a democratic decision—and we have a good free trade agreement with the European Union that will continue. CPTPP creates opportunities in areas of the world with considerable growth where we did not previously have deals. Surely the hon. Member must recognise that that is a positive thing right across the country, including for his constituents?
Mark Pritchard (The Wrekin) (Con)
This is good news. I am delighted that the Government have signed up to this huge trade partnership. We are the first non-founding member to have done so. While it may not be in the convenient party political interests of some Opposition Members, it is very much in the national interest and, dare I say it, in the interest of Shropshire businesses—small, medium and large—who will now be able to export tariff-free or towards tariff-free to places such as Malaysia and Vietnam. What progress, if any, has the Minister heard about the United States potentially joining the partnership as well? That, of course, would be a huge boon to everybody.
Nigel Huddleston
My hon. Friend makes an important point about the role that small and medium-sized enterprises can play. We are working to encourage even more SMEs to export through export support services and the trade advisers network given the opportunities that this and other deals will present to them. He will be aware that the US is not entering into free trade agreements with anybody at the moment. I have spoken to congressmen and women in the US, and there are mixed views, but many have great enthusiasm for the CPTPP.