Haͥppͣyͫ UK ๖ۣۜƤaͥτrͣiͫoτ
1. RCEP (Wikipedia entry)
- Global GDP: 29.3%
- Consumers: ~2.2 billion
- Constituents: Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Thailand
2. USMCA (Formerly NAFTA. Wikipedia entry)
- Global GDP: 28%
- Consumers: ~500 million
- Constituents: Mexico, USA, Canada
Article "The Balance"
3. CPTPP (Wikipedia entry)
Article: "International GC entry"
- Global GDP: 13.5%
- Consumers: ~500 million
- Constituents: 11 Asia Pacific nations
- Soon to overtake SM / CU
4. EU SM / CU (Wikipedia entry)
Article: "Statista entry"
- Global GDP: 13.2 % and diminishing (the RoW is growing faster. This percentage excludes the UK, since the UK has now left).
- Consumers: ~448 million
- Constituents: EU plus EEA
What CPTPP will not do
CPTPP does not seek to do any of these
- Monetary union
- Fiscal union
- Financial union
- Debt mutualisation
- Tax Harmonisation
- Budget approval (setting really)
- Financial transaction tax
- VAT (compulsory for eu member
- CAP
- CFP
- Anthem, flag
- Foreign policy setting
- Standing military
- "Refugee quota"
- Schengen
- Adoption of euro
- Legislative supremacy
- Vast unstoppable drive to federalisation
- Supremacy over national courts
- Free movement of people
Interesting Webinar presented by Policy Exchange UK
Here is an interesting webinar titled
Global Britain and the CPTPP: Advancing UK trade and investment in the Asia-PacificIt has some really high caliber panelists
- Rt Hon Liz Truss MP Secretary of State for International Trade
- Hon Tony Abbott AC 28th PM of Australia
- Rt Hon Stephen J. Harper 22nd PM of Canada
- Rt Hon Lord Mandelson former First Secretary of State and former European Commissioner for Trade
- Hon Chan Chun Sing Minister for Trade and Industry of Singapore
- Chaired by Juliet Samuel Senior Fellow at Policy Exchange and Daily Telegraph columnist