Canada Urged by U.K. to Ratify Entry Into Pacific Trade Pact – Act Now!

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“British Trade Official Urges Canada to Ratify U.K.’s Entry into Pacific Trade Deal

A British trade official has issued a plea to Prime Minister Justin Trudeau’s government, urging them to ratify the U.K.’s entrance into a Pacific trade deal by the end of this year. Despite some opposition from Canadian agriculture groups, the pressure is on for Canada to take action and support the U.K.’s inclusion in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Stalemate in Bilateral Talks and Delay in Ratification

The stalemate in bilateral free trade talks between the two countries is not only affecting their own agreement but also causing delays in Canadian support for the U.K.’s accession to the CPTPP. While the U.K. signed onto the trade deal last July and had it ratified by Parliament recently, they still require ratification from six of the CPTPP’s 11 members before they can fully participate. So far, only Singapore, Japan, and Chile have completed this step.

Canada’s hesitation in introducing a ratification bill in the House of Commons has raised concerns. Jennifer Fagan, head of economics and trade at the U.K. High Commission in Canada, emphasized the significance of Canada’s support due to the strong alliance and Canada’s role as the chair of the CPTPP Commission this year. The pressure is mounting for Canada to make a move.

The ‘Significant Barriers’ and Lobbying Efforts

Despite the urgency for Canada to act, there are significant barriers hindering their support. British Prime Minister Rishi Sunak’s decision to call an election and the suspension of free trade talks between the U.K. and Canada have added complexity to the situation. Issues surrounding post-Brexit trade provisions have further complicated the matter, leading to a lack of progress in the discussions.

On top of this, a coalition of Canadian agriculture groups is actively lobbying against the U.K.’s entry into the CPTPP, citing concerns about inadequate market access for Canadian beef and pork industries. Their campaign argues that the current agreement poses substantial barriers for Canadian farmers and producers, making it a contentious issue for Canadian policymakers.

Conclusion: Finding Common Ground

As the pressure mounts for Canada to support the U.K.’s entry into the CPTPP, it is crucial for all parties involved to find common ground. While there are valid concerns from Canadian agriculture groups and complexities in the bilateral talks between the U.K. and Canada, the bigger picture of economic cooperation and trade benefits must not be overlooked.

It is essential for Canada to carefully consider the implications of their decision and strive to balance the interests of all stakeholders. Ultimately, ratifying the U.K.’s accession to the CPTPP could bring about significant opportunities for both countries. The time is now for Canada to take decisive action and move towards a resolution that benefits all parties involved.”



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