Another Brexit story in the news this morning concerns the Japanese PM Abe welcoming UK intention to join TPP. Here's what I wrote last month on TPP - it involves signing up to someone else's rules to show UK good intent... prospectmagazine.co.uk/economics-and-…
TPP rules would mean we finally settle the chlorinated chicken argument in favour of the US, and the NHS has to be open to challenge on the setting of drug prices, but the UK would show a greater respect for the global economic rules than certain others...
On TPP another factor is that the EU already has deals with most of the countries which the UK hopes to replicate. So it really is mostly about the UK's place in the world and some big policy questions - the economic gain isn't likely to be huge
I'm rightly reminded this may be academic - all DIT's plans for new trade agreements are assumed to be out the window for quite a few years if we have a customs union with the EU while we negotiate the long term EU deal
