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Written question asked by Jonathan Edwards (Plaid Cymru) on Thursday, 18 July 2019, in the House of Commons. It was due for an answer on Tuesday, 23 July 2019 (named day). It was answered by George Hollingbery (Conservative) on Tuesday, 23 July 2019 on behalf of the Department for International Trade.


Comprehensive and Progressive Agreement for Trans-Pacific Partnership

Question

To ask the Secretary of State for International Trade, what comparative assessment his Department has made of the potential economic merits of the UK acceding to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership with the benefits of the UK's membership of the European Single Market.

Answer

The Government has committed to publishing scoping assessments providing an economic analysis of proposed trade agreements prior to negotiations, including CPTPP. This will present the results of economic modelling, giving an indication of the potential impacts on the UK and partner country’s economy. The Government published its assessment of the long-run economic impact of leaving the European Union in November 2018, which presented the economic impact arising from signing a wide range of illustrative free trade agreements, including with current members of CPTPP.


Secondary information

Type
Written question
Reference
278947
Session
2017-19
Subjects
UK trade with EU Comprehensive and Progressive Agreement for Trans-Pacific Partnership
Link
View this Written question on www.parliament.uk