Finally a true Brexit success - massive new trade deal will make remainers seethe

[serendipity]

.

This is the big one, joining a genuine market bigger than the EU worth trillions.

Joining the CPTPP is a big deal. It means that Britain will have new access to markets whose populations are in the hundreds of millions, and whose economies are large, developed and growing.

Britain is on the verge of a new trade deal – a trade deal which many pessimists thought would never come. We are about to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a group of countries in Asia and Oceania who are already our friends, and could soon become major economic partners. It's something to celebrate proudly.


https://www.express.co.uk/comment/ex...partnership-EU

[serendipity]

.

This is the big one, joining a genuine market bigger than the EU worth trillions.

Joining the CPTPP is a big deal. It means that Britain will have new access to markets whose populations are in the hundreds of millions, and whose economies are large, developed and growing.

Britain is on the verge of a new trade deal – a trade deal which many pessimists thought would never come. We are about to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a group of countries in Asia and Oceania who are already our friends, and could soon become major economic partners. It's something to celebrate proudly.


https://www.express.co.uk/comment/ex...partnership-EU

.

[goat]

.

This is the big one, joining a genuine market bigger than the EU worth trillions.

Joining the CPTPP is a big deal. It means that Britain will have new access to markets whose populations are in the hundreds of millions, and whose economies are large, developed and growing.

Britain is on the verge of a new trade deal – a trade deal which many pessimists thought would never come. We are about to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a group of countries in Asia and Oceania who are already our friends, and could soon become major economic partners. It's something to celebrate proudly.


https://www.express.co.uk/comment/ex...partnership-EU

China is the largest trading partner with the CCTPP. GB is slowly moving away from the US and EU sinking ships.

[Guno צְבִי]

Big success for Brexit

Migration figures show 90,000 Britons followed through on their ambitions and moved abroad in the past year, up from 66,000 in the lockdown-affected year before. Many more non-British nationals left the country after working or studying in the UK, and they are also on the radar of Britain's competitors.

https://www.thenationalnews.com/week...%20competitors.

[serendipity]

China is the largest trading partner with the CCTPP. GB is slowly moving away from the US and EU sinking ships.

The CPTPP is the survivor to the American exit from the original Trans-Pacific Partnership (TPP) by former U.S. President Donald Trump. They have been to attempting to join but the CCTPP have little derire to allow them to join.

[serendipity]

Big success for Brexit

Migration figures show 90,000 Britons followed through on their ambitions and moved abroad in the past year, up from 66,000 in the lockdown-affected year before. Many more non-British nationals left the country after working or studying in the UK, and they are also on the radar of Britain's competitors.

https://www.thenationalnews.com/week...%20competitors.

That article is 4 months old, just saying.

[moon]

The analysts have looked through maggot's claims. No cornucopia, maggot. No light at the end of the Brexit sewage pipe.

The outcome is the possibility of a 0.08% increase in trade over ten years- which doesn't come close to repairing the 4% loss due to leaving Europe.
Meanwhile, the Brits must suffer the ignominies of GM food, hormone-injected meats and all and every other scurrilous reduction in their food standards that the capitalist producers can get away with.
No fanfares for the likes of you, maggot. Just more pressure piled upon suffering Brits.

Why then would the Brits want to join ? The answer offered is that the current rulers of the trade bloc want another vote to ban China's entry to it should the Chinese apply in the future.
As usual, Brits are being sold out to please the Tories foreign masters.

0.08% over ten years. Maybe. Well done, Bozo.

[serendipity]

The analysts have looked through maggot's claims. No cornucopia, maggot. No light at the end of the Brexit sewage pipe.

The outcome is the possibility of a 0.08% increase in trade over ten years- which doesn't come close to repairing the 4% loss due to leaving Europe.
Meanwhile, the Brits must suffer the ignominies of GM food, hormone-injected meats and all and every other scurrilous reduction in their food standards that the capitalist producers can get away with.
No fanfares for the likes of you, maggot. Just more pressure piled upon suffering Brits.

Why then would the Brits want to join ? The answer offered is that the current rulers of the trade bloc want another vote to ban China's entry to it should the Chinese apply in the future.
As usual, Brits are being sold out to please the Tories foreign masters.

0.08% over ten years. Maybe. Well done, Bozo.

You're so fucking predictable, you just pull figures out of your arse. Fortunately Nikkei Asia is more plugged in to the facts.

U.K. has much to offer as a CPTPP member
Accession will give the group global influence to shape rules of trade

Natalie Black is His Majesty's Trade Commissioner for Asia Pacific. Graham Zebedee is chief U.K. negotiator for accession to the Comprehensive and Progressive Trans-Pacific Partnership.

The global economy is facing multiple headwinds as it builds back from the pandemic and the world pushes back against Russia's illegal invasion of Ukraine and tackles climate change.

Global cooperation is vital to tackle these challenges, and international trade has a crucial role to play in providing stability, prosperity and growth.


This year, the Indo-Pacific region has an opportunity to cement deeper multilateral relations and strengthen international trade as the U.K. aims to complete negotiations to accede to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

The U.K. is a major investor in economies across this region, and CPTPP accession will build even closer ties for the years ahead.

As of 2021, the stock of investment from the U.K. in CPTPP members reached 117.3 billion pounds (then equivalent to $161.4 billion). That figure included over 43 billion pounds invested in financial services and over 7 billion pounds put into professional, technical and scientific services.

If the 11 members of the CPTPP are considered together, the bloc ranks as the fourth-highest recipient of foreign direct investment from the U.K. It can only be expected to rise further after U.K. accession to the group.

U.K. membership will take the CPTPP from a Pacific agreement to a truly global one, with influence to shape and defend the rules of international trade. The GDP of the CPTPP will grow from 9 trillion pounds to 11 trillion pounds, or from 12.2% of global gross domestic product to 15.4%.

With a market of 67 million consumers and the world's sixth-largest economy, the U.K. will be the second-biggest member of the bloc and an attractive market for other CPTPP participants.

Yet membership is about more than just economic heft. Accession will help countries across the region to diversify their supply chains and seek new market opportunities to build stronger economic resilience. U.K. membership will help businesses trade more easily across borders and will help make critical supply chains more open and predictable.

The nature and distribution of global power is changing as we move toward a more volatile, uncertain, complex and ambiguous world. We hope, through our accession to the CPTPP, to help reinforce parts of the international architecture that are under threat from unfair trading practices.

The U.K. will be a strong voice on the global stage, making the case for our shared values, high standards and closer partnerships.


https://asia.nikkei.com/Opinion/U.K....a-CPTPP-member

[moon]

Hey, maggot




You're a lying Brit arse.


Haw, haw.............................haw.

[moon]

See you, Jiminy.




Haw, haw...................................haw.

[goat]

The CPTPP is the survivor to the American exit from the original Trans-Pacific Partnership (TPP) by former U.S. President Donald Trump. They have been to attempting to join but the CCTPP have little derire to allow them to join.

TPP was intended to isolate China from the rest of the trading world. The irony is China is the biggest player in the trading world. China may not be a member of CCTPP but every country is dependent on China trade.

[serendipity]

TPP was intended to isolate China from the rest of the trading world. The irony is China is the biggest player in the trading world. China may not be a member of CCTPP but every country is dependent on China trade.

The whole idea is to shut out the Chinese as much as possible and create an independent trading bloc.

U.K. accepted as 12th member of CPTPP trade bloc
Group aims to finalize first nonfounding member's accession in July

KENTARO IWAMOTO, Nikkei staff writer
March 31, 2023 09:56 JST
Updated on March 31, 2023 11:28 JST
TOKYO -- Trade officials from the 11 member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership on Friday agreed on the U.K.'s entry, a milestone that will expand the Asia-Pacific bloc's coverage to the edge of Europe.

"They welcomed the substantial conclusion of the negotiations for the accession of the U.K. to the CPTPP," according to a joint ministerial statement released after the online meeting, where Britain was also present.

The CPTPP is a broad agreement that removes trade tariffs between member countries and sets rules on matters such as cross-border investment, e-commerce, intellectual property, state-owned enterprises and labor. The U.K. will be the bloc's first non-founding member since its launch in 2018.

"The Accession Working Group and the U.K. confirmed the means by which the U.K. will comply with the existing rules contained in the CPTPP," the statement said. "The AWG also confirmed that the U.K. has provided commercially meaningful market access offers of the highest standard on goods, services, investment, financial services, government procurement, state-owned enterprises and temporary entry for business persons."

The members -- Japan, Singapore, Malaysia, Vietnam, Brunei, Australia, New Zealand, Canada, Mexico, Peru and Chile -- and the U.K. aim to formally sign a deal at a ministerial meeting in July.

Ministers and representatives from the members on Friday said the working group will cooperate with the U.K. "to prepare and verify the legal instrument of accession, aiming at finalizing the process in a timely manner."

The U.K. applied for membership in 2021 as part of its expanded engagement in the Indo-Pacific region, after its exit from the European Union.

https://asia.nikkei.com/Opinion/U.K....a-CPTPP-member

[moon]

Your 'deal ' has filtered down to the Joe in the street, maggot.

All in all- you appear to be fucked;

‘Take back control’? With this Pacific trade deal, Brexit Britain has just signed it away

What a surprise. This shambolic apology for a government has sold us down the river yet again. Look forward to palm oil related deforestation, steroid fed beef and the prospect of being sued by multinationals if we dare to do anything to prevent global warming. They really are a disgrace.

https://www.theguardian.com/commenti...DMW-C9_EUZaHiU

Haw, haw.......................................haw.

[serendipity]

Your 'deal ' has filtered down to the Joe in the street, maggot.

All in all- you appear to be fucked;




Haw, haw.......................................haw.

Holy fuck, the Guardian have always an arch-Remoaners.

[goat]

The whole idea is to shut out the Chinese as much as possible and create an independent trading bloc.

U.K. accepted as 12th member of CPTPP trade bloc
Group aims to finalize first nonfounding member's accession in July

KENTARO IWAMOTO, Nikkei staff writer
March 31, 2023 09:56 JST
Updated on March 31, 2023 11:28 JST
TOKYO -- Trade officials from the 11 member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership on Friday agreed on the U.K.'s entry, a milestone that will expand the Asia-Pacific bloc's coverage to the edge of Europe.

"They welcomed the substantial conclusion of the negotiations for the accession of the U.K. to the CPTPP," according to a joint ministerial statement released after the online meeting, where Britain was also present.

The CPTPP is a broad agreement that removes trade tariffs between member countries and sets rules on matters such as cross-border investment, e-commerce, intellectual property, state-owned enterprises and labor. The U.K. will be the bloc's first non-founding member since its launch in 2018.

"The Accession Working Group and the U.K. confirmed the means by which the U.K. will comply with the existing rules contained in the CPTPP," the statement said. "The AWG also confirmed that the U.K. has provided commercially meaningful market access offers of the highest standard on goods, services, investment, financial services, government procurement, state-owned enterprises and temporary entry for business persons."

The members -- Japan, Singapore, Malaysia, Vietnam, Brunei, Australia, New Zealand, Canada, Mexico, Peru and Chile -- and the U.K. aim to formally sign a deal at a ministerial meeting in July.

Ministers and representatives from the members on Friday said the working group will cooperate with the U.K. "to prepare and verify the legal instrument of accession, aiming at finalizing the process in a timely manner."

The U.K. applied for membership in 2021 as part of its expanded engagement in the Indo-Pacific region, after its exit from the European Union.

https://asia.nikkei.com/Opinion/U.K....a-CPTPP-member

This is what happens when we shut out China.

MarketWatch
Natural gas was among those posting the largest losses, with U.S. prices for the commodity losing around half its value in the first quarter, and touching their lowest level in more than two years earlier this month.