Oral Answers to Questions

Steve Baker Excerpts

Thursday 20th January 2022 Commons Chamber

[Mr Steve Baker (Wycombe) (Con)]

2. What progress her Department has made on securing UK membership of the comprehensive and progressive agreement for trans-Pacific partnership.

[Mary Robinson (Cheadle) (Con)]

14. What progress her Department has made on securing UK membership of the comprehensive and progressive agreement for trans-Pacific partnership.

[The Minister for Trade Policy (Penny Mordaunt)]

We have made good progress in negotiations and we hope to have concluded them by the end of this year.

[Mr Baker]

Is CPTPP not now one of the greatest opportunities we have to reshape the basis of international trade, to the benefit of not only the whole UK and the world, but great British businesses such as Oxford Instruments in Wycombe?

[Penny Mordaunt]

I thank my hon. Friend for the work he is doing to champion his local businesses. He is right: it is an £8.4 trillion market that we are opening up. However, this is about not only the economic benefits, but the benefits of those closer trading ties to enable people to work on problems that we are all facing around the world, in tech, the environment, healthcare and other sectors. That has got to be good for the progress of humanity as well.