Home Featured Why Joining The CPTPP Would Be A Marvellous Outcome For Great Britain

Why Joining The CPTPP Would Be A Marvellous Outcome For Great Britain

by Keerat

By Carl Richardson - Richardsons

 

When the UK and Australia issued a joint statement towards the end of April saying that they had agreed the “vast majority” of a free trade deal and would now “enter into a sprint to agree the outstanding details” it felt important to go on the record and praise the progress, saying that
“when the agreement is completed it will provide an opportunity for a post-Covid shot in the arm for businesses in this country”.
 

A Free Trade Agreement (FTA) with Australia will undoubtedly be most welcome, assuming that ongoing UK cabinet discussions around tariff-free access to Australian farmers can be resolved satisfactorily.  An FTA would add an estimated £500 million per annum to UK GDP and be one of the first post-Brexit trade deals we will have negotiated that is not simply a ‘rollover deal’ replicating trading arrangements previously negotiated on our behalf by the European Union.

Our family business, which I jointly lead alongside ...

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