The United Kingdom is really a special breed and the Tories leadership is something else. After all the years of tussling and muffling the transition and the negotiations with the European Union (EU). Which be recent reports will be a steady affair for 50 years. The government of United Kingdom (UK) have now opted for a new “union” or Free-Trade Agreement.
The UK had the most beneficial and biggest trade deal with the common market in the European Union with all of its member states and EEA. However, that has been dismissed, as they have the new Withdrawal Agreement and non-membership, which was so important for the Tories to set in action. They wanted to get out so they could have their own agreements, deals and not be bound by Brussels. However, the ending of common market with the EU have caused its trouble. There are problems with logistics, forms and declarations of produce/products across from Europe to the United Kingdom. Still, in the midst of that.
The Tories have a new idea. The Tories are joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). Where the negotiations are starting this year to be a part of the Free Trade Agreement between 11 nations. These are: Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
Clearly, the UK ditched the simple trading across the bay. Instead of getting things to the Low Countries, France and Italy. Heck even Germany, Polen and the Czech Republic. Why not try to send Yorkshire tea easier to the Kingdom of Brunei?
By all means, any trade deal is a good deal for a nation. However, every nation and every kingdom tends to trade most with their neighbours. That is a historical fact for most nations. They tend to have most common with the nations right beside it. Surely, it is should be easier to sell something from London to Dublin. Instead in this case it will be easier sell something from Bristol to Auckland and that is insane. But, that is the Tories in a nutshell.
It is nuts and bonkers that the ones screaming to leave one thing is signing up this quickly. That they are moving over to another project that easily. Yes, there might be less stings attached, but on the other hand. The UK had a good hand, but they spoilt it by leaving. The Tories and the UK could have had more influence and used their buying power in the Union, but instead they couldn’t care less.
Now, they rather go on the deep dive in the pacific. Instead of just across the British channel. That is just weird. That say it all about the leadership in Downing Street and at Whitehall. That they have these ideas and think it can ease the pain. Yes, they will get sales and get trading going on in the pacific. However, how will that be substantial in comparison to what you used to have with the European Union?
It is not like these sort of arrangements and logistically is easily accessible. The CPTPP will be a Free Trade Agreement (FTA) but at what cost?
The EU have by comparison 43% of the World Trade. While the CPTPP have 14% of it. Yes, it is a substantial part of the world trade in the CPTPP. Nevertheless, the UK haven’t shot the silver bullet here. It is like they just trying to patch the hurt and make it sound splendid. Even though deep down… they know they lost out of chance of a lifetime and they are afraid of turning back.
That is why the deep blue sea of the Pacific seems so refreshing compared to crossing over the familiar channel from Folkestone to Calais. Peace.