Brexit has been portrayed as an act of political self-harm, as a decision that would cast the UK into international isolationism; reducing global influence to become the tiny island nation that our geography implies. Both the EU and politicians at home seek to spread this idea, continually complaining, whilst attempting to thwart and reverse the will of the referendum result.
However, amidst this gloom and fear-mongering there have been a series of optimistic comments from the Prime Minister of Japan, Shinzo Abe. In an acknowledgment of the important global role that the UK is to play post-Brexit, he has suggested Britain is welcome to join the Comprehensive and Progressive Trans Pacific Partnership (CP-TPP) – a statement that will be well received by Brexiteers.
It was a pleasure to meet Prime Minister @AbeShinzo in Tokyo in July. Delighted to see his encouragement for UK joining CPTPP in @FT today. Have your say in our consultation:https://t.co/x1bbiV0Lm4 pic.twitter.com/ITo5tmUSRw
— Dr Liam Fox MP (@LiamFox) October 8, 2018
The CP-TPP is an 11-country trade agreement in the pacific – accounting for 40% of the world’s economic output and 13.5% of world GDP. It includes a number of thriving and growing economies such as Canada, Australia, Vietnam and Singapore – the market worth a sum of US$10 trillion.
Membership of this market would mark the first step towards profiting from an independent trade policy, outside of the EU. This would see the UK benefit from low tariffs, mutual recognition of standards and a consistency of procedures in the Pacific region. Additionally, the bloc provides ambitious proposals for services, including the enhancement of visa liberalisation, which would make access for business easier.
It is important to note that the decision to join the CP-TPP would not affect the UK’s ability to trade elsewhere – a relationship with both the EU and the Pacific region can be simultaneously established. It is not a choice between the two. A departure from the European Union will mean Britain can prosper as an independent entity –an attractive prospect to any nation, or region, that is willing to negotiate future trade relations.