Sunday 7 February 2021

UK: Post Brexit future with CPTTP & CANZUK

So it has been a month since the UK is out of the EU economic structures: the Single Market and the Customs Union given the transition period ended on 31st December 2020 (New Year’s Eve) as we (the Brits) are out of the EU (which now it has already been a year since 31st January 2020). 

So what is the government governed by Boris Johnson up to now? 

Well for long time since 2018, the government have been wanting to apply to join the trade bloc of 11 countries that there are in Asia Pacific. Comprehensive and Progressive Agreement for Trans-Pacific Partnership

There are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. These 11 countries are Pacific Rim countries. Seriously, why the UK government would want to be part of CPTPP knowingly that we are not in the pacific geographically? They (the govt) have not done their research well & that they should go back to the drawing board & really reconsider before going ahead with it. Well unfortunately the government have already done. Applied formally to be part of the trade bloc (CPTPP) as of 1st February 2021. 

And then there’s that proposed idea of the CANZUK Union/alliance with 4 countries. Canada, Australia, New Zealand and the United Kingdom = CANZUK. 

Conservatives and Brexiteers support that proposed ludicrous idea with the UK having a Union with 3 fellow Anglosphere countries (Australia, New Zealand and Canada). 

In the next two blog posts, I’ll talk more about CPTPP and CANZUK whether it is better alternative than the EU membership (spoiler alert, it’s no better). So stay tuned for that in next upcoming days.



No comments:

Post a Comment