Home Crop Monitoring UK officially begins talks to join CPTPP trade deal

UK officially begins talks to join CPTPP trade deal

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The alliance representing Canada’s export-oriented agriculture sectors is welcoming a choice by international locations within the CPTPP to formally start negotiations to have the UK join the trade settlement previously generally known as the Trans-Pacific Partnership.

In a digital assembly hosted by Japan on Tuesday, Canada’s trade minister, Mary Ng, and her counterparts from the opposite CPTPP international locations agreed to set up an “Accession Working Group” to start talks with the UK.

“Canada welcomes the United Kingdom’s interest in joining the CPTPP and would welcome the agreement’s expansion to economies able to meet its high-standard commitments on the environment, labour, women’s participation, and much more,” stated Ng, in an announcement following the assembly.

The Canadian Agri-Meals Trade Alliance (CAFTA), whose members embrace nationwide organizations representing the meat, pork, meat, grains, cereals, pulses, soybeans, canola sectors, applauded the step towards permitting the UK into the deal.

“Canadian agri-food exporters have long welcomed the idea that the CPTPP pact would continue to grow provided new members agree to the high level of ambition this agreement has achieved,” notes CAFTA president Dan Darling. “The UK is one of Canada’s key trading partners in the Atlantic. We welcome the launch of the negotiations of the UK’s accession to the CPTPP. This demonstrates a commitment to free, open and rules-based trade.”

Canada and the UK have additionally pledged to start negotiations on a bilateral trade deal after passing an interim settlement at the beginning of 2021 following the UK’s departure from the European Union and the Canada-EU trade settlement.

“In addition to the CPTPP, we will continue to urge both Canada and the UK to launch permanent, comprehensive bilateral free trade talks without delay,” says Darling.

Associated: UK transitional trade deal a “stop gap,” however not sufficient, say agriculture teams

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