In the News
Brexit - Could the UK join TPP?
3rd January 2018
One of the oddest Brexit stories of 2018: will the UK seek to join the Trans-Pacific Partnership? It seems to me to be strange that we're admitting the economic benefits of a regional economic grouping but have withdrawn from the one that currently accounts for nearly 60% of our trade and are in favour of one that accounts for around 8%. Does this seem irrational - to me it does, given that transport costs can offset some of the potential gains from trade.
If the UK was located 6,000 miles to the East, joining #TPP might make sense. For a country on the western edge of Europe, which is at risk of severing trade links with its neigbours, this looks like a desperate move. https://t.co/NBOVP8GYtm
— Andrew Sentance (@asentance) January 3, 2018
Liam Fox says UK considering option of joining Pacific trade group https://t.co/FbEAlO31n2
— Guardian Business (@BusinessDesk) January 3, 2018
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