Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Bill under scrutiny by Lords
22 November 2023
Members of the House of Lords discussed the main objectives of the Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Bill on Tuesday 21 November.
The aim of the Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Bill is to ensure compliancy with international obligations when the UK joins the free-trade agreement by changing domestic rules on trade barriers, government procurement and intellectual property.
Debate on the draft law
The main subjects considered were the aims of the CPTPP and its impact on UK procurement.
Members speaking in the debate include:
- Baroness Hayter of Kentish Town (Labour), former Lords opposition spokesperson for international trade
- Lord Kerr of Kinlochard (Crossbench), president of UK-Korea Forum for the Future
- Lord Lansley (Conservative), chair of the UK-Japan 21st Century Group
- Lord Razzall (Liberal Democrat), member of the Lords International Agreements Committee.
'This is an age of rapid growth in the Indo-Pacific region, and the political shifts we face are the first reason to support this bill. Countries in the Indo-Pacific are expected to drive the majority of global growth between now and 2050. I want to continue this government’s work to deepen our relationships with this region and support shared security and prosperity.'
Baroness Hayter said:
'To make this work for our exporters, which is the important issue, the Department for Business and Trade will have to step up the support which it offers to companies and individuals who want to do business in a CPTPP country...The benefits of this agreement will be realised only with considerable assistance from the government so that businesses can take advantage of what is there in the new trade freedoms.'
Lord Johnson of Lainston (Conservative), Minister for Investment in the Department for International Trade, responded on behalf of the government.
- Watch the debate on Parliament TV.
- Read the Lords Hansard transcript.
- Find out more in the House of Lords Library Trade (CPTPP) Bill briefing.
Committee stage, the first chance for line by line examination of the bill, is scheduled to take place on 7 December.
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