Trade, Development, and Immigration

UK joining the CPTPP “a seismic geo-economic event”

Shanker Singham quoted in The Daily Mail

IEA International Trade and Competition Fellow Shanker Singham has been quoted in The Daily Mail welcoming reports that the UK has finalised an agreement which will see them join the CPTPP.

Shanker said:

“For the first time, a major G7 country has chosen to accede to a regional grouping not because it is part of that region but because it represents liberal values and provides economic opportunities.

“If the UK succeeds in acceding to the CPTPP, it becomes much more than just a regional agreement; it becomes a real challenge to the outdated World Trade Organisation system and could encourage that system to embrace reform.”

Read the full article here.