MPs on the Business and Trade Committee have called for the
Government to allow lawmakers a debate and a vote on joining the
Comprehensive and Progressive Agreement for Trans-Pacific
Partnership (CPTPP) trade bloc.
The Committee says MPs must have their say due to controversial
aspects of joining the trade bloc – and the lack of clarity over
the benefits of doing so.
The MPs conclude it is “difficult to
estimate the potential benefits of CPTPP or its impact on
economic growth”, especially as Business and Trade Secretary
has distanced herself from
economic modelling produced by her own civil servants.
The Committee considered how CPTPP membership will affect UK
safeguards concerning imports of controversial agri-food
products. These include beef and pork treated with growth
promoters (meat which is currently banned in the UK), agri-food
products produced using pesticides that cannot be used in the UK
and palm oil linked to deforestation.
MPs also heard about contentious CPTPP provisions allowing
governments to be sued by foreign investors over actions that
damage their profits – and claims that this part of the agreement
could limit the UK Government’s ability to
regulate or nationalise the English water industry.
The Committee notes that any debate and vote on the trade deal
would need to take place during a period of just a few weeks when
Parliament has the power to delay ratification of an
international agreement by the Government.
Chair of the Business and Trade Committee, , said:
“If we want our economy to grow faster, we
need to trade more. Today, the Government’s target of covering
80% of trade with free trade agreements is beyond reach and we
are off-track to meet the target of £1 trillion of exports by
2030. That is why CPTPP is important. But, for all its
merits or drawbacks, if we’re serious about parliamentary
sovereignty, Government must let MPs debate the deal
and vote on it.
“But if we want get serious about these
debates, we need some hard-headed analysis of the economic
benefits of the trade deals ministers propose to signs. It is
simply not good enough for Secretaries of State to cast aside
numbers produced by their own department, without providing their
own figures.”