Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what comparative assessment his Department has made of the potential economic merits of the UK acceding to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership with the benefits of the UK's membership of the European Single Market.
The Government has committed to publishing scoping assessments providing an economic analysis of proposed trade agreements prior to negotiations, including CPTPP. This will present the results of economic modelling, giving an indication of the potential impacts on the UK and partner country’s economy. The Government published its assessment of the long-run economic impact of leaving the European Union in November 2018, which presented the economic impact arising from signing a wide range of illustrative free trade agreements, including with current members of CPTPP.