However, CPTPP has expressed the UK should fully accept and commit to complying to the existing rules of the agreement. Therefore, since the government cannot negotiate terms, the question is what will the UK have to sacrifice in order to qualify?
For example, there have been concerns raised that joining CPTPP will lead to the lowering of food standards. Central to this is that if we continue alignment with the EU on Sanitary and Phytosanitary measures, there would be a discrepancy in SPS measures between the UK and CPTPP members. UK farms have emphasised the impact that signing trade deals with countries who are big exporters of agriculture would have on UK industry.
Another significant concern surrounds Intellectual Property (IP), and the need to protect our standards. IP contributes significantly to UK innovation and productivity. Currently, the UK is a member of the European Patent Convention (EPC), which supports particularly creative industries, but also research, tech, and innovation businesses. There are inconsistencies between CPTPP rules on IP and the EPC, which, if the UK had to cede membership to the EPC, would impact growth of British businesses.