Comprehensive and Progressive Agreement for Trans-Pacific Partnership (Accession)

Part of the debate – in the House of Commons at 1:52 pm on 17th June 2020.

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Photo of Elizabeth Truss Elizabeth Truss The Secretary of State for International Trade and President of the Board of Trade, Minister for Women and Equalities 1:52 pm, 17th June 2020

My hon. Friend make an extremely important point. One benefit of CPTPP is that it is a free-trade, high-standards arrangement with countries that follow the rules. We want to create alliances with like-minded allies across the world, and ensure that that is the way the world trade system operates. It is also important to diversify our trade, so that we are not dependent on single countries or regions for imports, or for where we export to. We must have options as a country, and be able to work with those who share our values.