Enhancing the CPTPP for the UK, Peru and Canada: Priorities for Digital, the Environment and Dispute Settlement

This article considers the first general review of the mega-regional Comprehensive Progressive Trans Pacific Partnership (CPTPP) trade agreement from the perspective of three of its constituent countries: the United Kingdom (UK), Peru and Canada. The priorities of these three countries are considered in relation to the distinct areas of environmental sustainability, digital trade and dispute settlement. The analysis presented in this article is based on discussions held with policy makers and analysts in London, Lima and Ottawa respectively. Several areas of commonality are identified, notably the need to modernise provisions in relation to digital trade and to ensure effective implementation of the agreement for businesses. The article also highlights the need to ensure that the CPTPP does not become overly politicised by incorporating excessive non-economic issues, sometimes described as progressive values. The first general review is shows as an opportunity for staking stock of CPTPP which is viewed as a significant opportunity for all three countries as they seek economic growth by leveraging their particular economic strengths and relative positions in the global economy.