Post-Brexit UK encouraged to join TPP according to Australian Senator
A report tabled in the Australian Senate today has strongly encouraged a post-Brexit United Kingdom to join the Trans Pacific Partnership according to Australian Senator Eric Abetz.
The report from Government Senators as a part of the Australian Senate Foreign Affairs, Defence and Trade Committee’s review of the TPP noted that if the UK were to join the TPP, it would effectively achieve the aspirations of many for a CANZUK (Canada, Australia, New Zealand and United Kingdom) trade deal.
“The TPP is a land-mark trade deal that will see enormous benefits to export economies and I am hopeful that the United Kingdom will seek to be a part of it when it leaves the European Union,” Senator Abetz, Chair of the Australian Senate’s Foreign Affairs, Defence and Trade Committee said.
“As someone who has long-advocated for a Canada, Australia, New Zealand and United Kingdom trade agreement, if the UK were to join the TPP it would effectively achieve that goal by bringing together those nations in a free trade zone.”
“Importantly, this trade agreement does not secede national sovereignty – instead it boosts exports and helps to grow economies.”
“I am hopeful that the United Kingdom will see fit to join the TPP once it leaves the European Union,” Senator Abetz concluded.
The report by Coalition Senators can be viewed here.