Written question asked by Chris Loder (Conservative) on Tuesday, 30 November 2021, in the House of Commons. It was due for an answer on Thursday, 2 December 2021. It was answered by Ranil Jayawardena (Conservative) on Friday, 10 December 2021 on behalf of the Department for International Trade.
Comprehensive and Progressive Agreement for Trans-Pacific Partnership: Dorset
- Question
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To ask the Secretary of State for International Trade, what assessment she has made of the potential effect of the UK's membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership on (a) the local economy and (b) job creation in Dorset.
- Answer
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Accession could see 99.9% of British exports being eligible for tariff-free trade with members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP/TPP-11). £1.8bn worth of goods were exported to CPTPP countries by over 1,300 businesses in the South West of England last year.
HM Government published a scoping assessment in June 2021 that showed accession could result in a gross value added benefit to the South West of England of £106m, and increase real wages across the United Kingdom by £800m in the long run, compared to 2019 levels.
Secondary information
- Type
- Written question
- Reference
- 84480
- Session
- 2021-22
- Subjects
- Economic situation Job creation Dorset Comprehensive and Progressive Agreement for Trans-Pacific Partnership
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2021-12-10 15:28:40 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2021-22/84480
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2021-22/84480
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2021-22/84480