There is a sense of disbelief about the new trade problems between Great Britain and the EU / Northern Ireland. Which we need to lose. This is the new normal. And we face a difficult period of adjustment - immediate paperwork needs, and to longer term uncompetitiveness.
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Michael Gove: "Outside the EU, with a good trade deal in place, we can tackle the injustices and inequalities that have held Britain back."
— Jennifer Rankin (@JenniferMerode) December 26, 2020
The UK did not need to leave the EU to tackle injustices and inequalities at home. Not a new point, but true.https://t.co/fE4glUAylc
There has never been level playing field content like this in a trade deal. The idea it is any kind of UK win, when the UK's opening position was no enforceable commitments whatsoever, is ridiculous.
For the lawyers. Night. pic.twitter.com/5XvFMhcaeE
— Sam Lowe (@SamuelMarcLowe) December 25, 2020
The EU can take retaliatory action against the UK if we weaken labour standards, weaken pretty firm climate change targets, unfairly subsidise, or just in general seem to be out of line. There are processes to follow, but it looks like the PM did it again...
Final one for now. Quite how Labour gets itself in such a fuss about whether to support a deal with the strongest labour and environment commitments ever seen in a trade deal is a sign of just how far it hasn't moved on from leaving.
PS well... (sorry DAG). It certainly didn't have a good effect. And I think if we had settled LPF issues with the EU much earlier there is a good chance the conditions would have been far less stringent. By making an issue, we made it much worse.
As a lay person is it fair to say that the \u201cthreat\u201d to break international law in Ireland was possibly a strategic blunder that has now determined the future trajectory of the UK for the next 20 years? I can imagine most countries will study what\u2019s baked into this and replicate?
— Meister 1 (@blueelmacho) December 26, 2020
Tomorrow we will formally apply to join #CPTPP \U0001f1ec\U0001f1e7
— Liz Truss (@trussliz) January 31, 2021
Membership will help drive an export- led, jobs-led recovery across \U0001f1ec\U0001f1e7 bringing more opportunities to trade with fast growing Pacific nations. \U0001f30e
Read more here\U0001f447https://t.co/5sQhgW4vCM
Here's my more realistic take on CPTPP. Economic gains limited, but politically in terms of trade this makes some sort of sense, these are likely allies. DIT doesn't say this, presumably the idea of Australia or Canada as our equal upsets them.
Gather UK application to join CPTPP is finally about to be announced, not that it was exactly a secret. Economic value limited given distance and existing UK deals, not a particularly strong or modern agreement in areas of UK strength like services, but...
— David Henig (@DavidHenigUK) January 30, 2021
As previously noted agriculture interests in Australia and New Zealand expect us to reach generous agreements in WTO talks and bilaterals before acceding to CPTPP. So this isn't a definite. Oh and Australia wants to know if we'll allow hormone treated beef
Ultimately trade deals are political, and the UK really wants CPTPP as part of the pivot to indo-pacific, and some adherents also hope it forces us to change food laws without having to do it in a US deal (isn't certain if this is the case or not).
If we can accede to CPTPP without having to make changes to domestic laws it is fine. Just shouldn't be our priority, as it does little for services, is geographically remote, and hardly cutting edge on issues like climate change or animal welfare.
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