Sat, 16 October 2021

Newsletter sign-up

Subscribe now
The House Live All
Bridging the digital divide is now a matter of solving the wealth gap Partner content
By Vodafone UK
Coronavirus
‘Take Time to Think’ is another step on our journey to keep customers safe and in control of their betting Partner content
Health
Economy
How we can keep Britain moving Partner content
By Port of Dover
Economy
Levelling Up: What’s art got to do with it? Partner content
Coronavirus
Press releases

UK officials 'suggest joining Trans-Pacific Partnership after Brexit'

UK officials 'suggest joining Trans-Pacific Partnership after Brexit'

John Ashmore

2 min read

Government officials have reportedly suggested the UK considers signing up to the Trans-Pacific Partnership trade bloc after Brexit. 


The TPP has yet to be negotiated, but its 11 would-be signatories include sizeable economies such as Japan, Mexico, Canada and Australia. 

The US had also signalled its intent to sign up under the Obama administration, only for Donald Trump to pull out of the deal just days into his presidency. 

Mr Trump repeatedly railed against the deal on the campaign trail, calling it a "disaster" which would destroy American jobs.

But British officials are now scoping out the possibility of joining up, despite the UK being thousands of miles from the Pacific Rim area.

Trade minister Greg Hands told the Financial Times that "with these kind of plurilateral relationships, there doesn’t have to be any geographical restriction”.

Elsewhere, International Trade Secretary Liam Fox fired a New Year’s message to pro-European campaigners, telling them to “get beyond the obsession with criticising Brexit”.

In a piece for ConservativeHome, Dr Fox suggested it was “easy to get the impression that these people would rather see Britain fail than see Brexit succeed”.

“One of my most frequent, and frustrating, experiences of 2017 was returning from a positive and optimistic international visit only to encounter a wave of negativism at home,” he wrote.

“The interest being shown in Britain overseas, and an increasing willingness to trade and invest with us, was in stark contrast to the self-defeating pessimism that is too often on show from certain politicians, commentators and media outlets over here.”

PoliticsHome Newsletters

PoliticsHome provides the most comprehensive coverage of UK politics anywhere on the web, offering high quality original reporting and analysis: Subscribe

Podcast
Engineering a Better World

Can technology deliver a better society? In a new podcast series from the heart of Westminster, The House magazine and the IET discuss with parliamentarians and industry experts how technology and engineering can provide policy solutions to our changing world.

New episode - Listen now