Following the announcement that the United Kingdom will be applying to join The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), specifics about the promised notion of “Global Britain” are finally being developed.
The CPTPP is a trade agreement between eleven countries, including Canada, Australia and New Zealand as well as Japan, Vietnam, Mexico and others.
Although the UK is currently in individual free trade negotiations with Canada, Australia and New Zealand, application to the CPTPP allows for an established forum for further negotiations and a platform for resolving trade disparities.
As well as this, joining the CPTPP also illustrates the importance of free trade and multilateralism to the UK Government.
With this commitment, the United Kingdom has been the leading international voice in calling for a new international organisation to replace or expand on the faltering G7. The proposed D10 would be an alliance of the top ten democracies in the world, covering the current G7 members (United Kingdom, Canada, France, Germany, Italy, Japan, and the United States) with the addition of Australia, South Korea, and India.
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In the not-so-distant future, there may be a forum for trade negotiations between all CANZUK nations and an organisation promoting foreign policy cooperation and multilateralism between the four countries. Effectively, such a forum would focus on criteria of a trade deal that, while non-existent in the current CPTPP arrangement, could focus on fundamental rights exclusive to Canada, Australia, New Zealand and the United Kingdom. Such rights could include mutual skills recognition for professionals, preferential treatment with educational placements and many more.
If the UK’s application to the CPTPP is successful, all members of CANZUK will be in an exclusive, global free trade bloc. As well as this, the formation of the D10 would place three of the four CANZUK nations in the heart of global foreign policy coordination.
Free trade and foreign policy coordination between Canada, Australia, New Zealand, and the United Kingdom are two of the three key aims of the CANZUK campaign, leaving only reciprocal migration which would undoubtedly be negotiated to compliment mutual arrangements between the four nations.
It seems 2021 may be remembered as the year that preluded the eventual formation of even closer economic, diplomatic, and cultural ties between the CANZUK nations.
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