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CPTPP will not make up for Brexit
16/04/2023
The UK’S membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership offers little gain for the British economy.
UK preparing to lift tariffs on palm oil from Malaysia as price for joining CPTPP trade agreement. / Britain is preparing to sign off on a post-Brexit trade deal that campaigners say will encourage further destruction of nature, threaten the habitat of orangutans in Malaysia and make a mockery of the government’s claims of being committed to tackling deforestation abroad.
With inflation set to rise, alongside the cost of shopping and transport, the economic fallout will squeeze Britons’ budgets.
Government criticised over ‘indefensible’ proposal that could undermine climate efforts while yielding benefit of only £1.38m.
Malaysia stands to gain from free palm oil exports but few other benefits seen. / "The impact appears mainly cosmetic, for the U.K. to show it made a trade deal after Brexit." / "No one in Asia is taking the pact very seriously."
LEAVING the EU was not a “one-off shock” that businesses will be able to adjust to and the effects of "Brexit 2.0" are now being felt, according to a finance journalist and author.
Rachel Donald looks at how the Trade Minister’s justification for a zero-tariff trade deal with Malaysia only accelerates global deforestation.
‘Take back control’? With this Pacific trade deal, Brexit Britain has just signed it away
31/03/2023
Goodbye, food standards. Hello, corporate lobbyists. Why are we doing this, for no real economic benefit?
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◈ news ×6
◈ opinion ×2
related tags
◈ CPTPP ×6
◈ Malaysia ×6
◈ trade ×3
◈ food ×3
◈ tariffs ×3
◈ orangutans ×3
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