Sunday Express

Pacific nations will help unleash our full potential’

- By Liz Truss SECRETARY OF STATE FOR TRADE

British businesses new economic benefits but does not require us to give up control of our laws, borders and money.

CPTPP’S 11 members are sovereign nations: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore andvietnam.

So, we will not be subject to diktats from any foreign court and will keep control of our trade policy.

We will enjoy tariff-free trade on 95 per cent of our goods like Johnniewal­ker whisky and Aston Martin cars, better market access for services and modern rules for digital innovators like Revolut. We will have deeper access to fast-growing markets worth nearly £9trillion, without having to pay any membership fees.this club is purely about free trade, unlike what we had in the past.

These Pacific nations are rising up the global economy league table. As they get richer, consumers will have more money to spend on British products.they know anything with the UK flag can only be the best and great value due to lower tariffs.

What Britain has to offer is in demand, from our vaccines to our cutting-edge technology.the UK is the world’s second biggest services exporter and Europe’s top destinatio­n for tech investment. Our music dominates the charts, with one in 10 songs streamed globally made by a British artist.the world craves our food and drink, with Cornish clotted cream dressing tables intokyo, andyorkshi­re Tea drunk in New Zealand.

The appetite for the best of British means more business for our go-getters – whether they are making computer games in Newcastle or robotics in Blyth.

That means more money for British businesses to grow.

Now we are no longer held back by the EU, we have the freedom to go further and faster to support our job creators. That is why we are seizing opportunit­ies available to us only as an independen­t trading nation. In the world of global trade, CPTPP is the place to be, an exclusive club. It is no surprise countries such as South Korea,thailand and Colombia have been queuing up to join.

But I am proud newly nimble Global Britain is at the front of the queue, with the terms of our membership set to start being negotiated as soon as spring.

We will negotiate in the interests of British people and businesses, as we do for all trade deals. Our red lines remain the same: the NHS – and the price it pays for drugs – stays off the table. Our standards – from food and animal welfare to the environmen­t and labour rights – are not up for grabs.

By striking deals with dynamic markets, we are unleashing our full potential.this is Global Britain in action.

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