A useful document on the UK’s position. Joining #CPTPP is fine on the right terms

But let’s not kid ourselves. It’s no substitute for trade with the EU

Post-Brexit, why is “CPTPP, unlike EU” repeated throughout?

It’s another trade deal, like UK-EU. Not either/or. Get over it
Yesterday the WTO’s Regional Trade Agreements Committee looked at the #CPTPP ⬇️

All information is in the WTO’s database of trade agreements. Click on the "WTO Consideration Process" tab

rtais.wto.org/UI/PublicShowM… /end Image
PS. Here’s ⬇️ WTO news on Monday’s meeting

Note: the committee doesn’t endorse agreements. Apparently it managed to do so once on NAFTA. Since then it’s been split on the meaning of “substantially all the trade”, which FTAs have to cover under GATT Art24

wto.org/english/news_e…

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More from @CoppetainPU

19 Jun
COVID-19 IN SWITZERLAND. Week to 19.06.2021—continuing ⬇️

Next easing Jun 28?

Per 100K pop, total & last 2 weeks
● cases—8116 & 47 (⬇️)
● in hospital—336 & 2 (—)
● deaths—119 & 0.4 (—)

R(e): ⬇️—0.59
Vaccinations: 6.4m (2.5m 2nd doses)

FOPH covid19.admin.ch/en/overview?ov…

1/11 ImageImageImageImage
AND FOR THE PAST FORTNIGHT, R(e) since Sep28

covid19.admin.ch/en/overview

The previous tweet shows that numbers are definitely coming down again after a short rebound in April-early May, although deaths stayed flat.

These are for the last fortnight, except R(e):

2/11 ImageImageImageImage
VIRUS VARIANTS detected

UK variant dominant. Delta (B.1.617) surging?

Public Health Office: covid19.admin.ch/en/epidemiolog…
Science Task Force: sciencetaskforce.ch/en/nextstrain-…

3/11 ImageImageImageImage
Read 11 tweets
18 Jun
Will the 🇬🇧 UK-Australia 🇦🇺 trade agrement do what has been claimed?

“British farmers will be protected by a cap on tariff-free imports for 15 years” the UK International Trade Department said.

A look at the details shows that is not quite true

1/10 tradebetablog.wordpress.com/2021/06/18/uk-…
The detail shows that in only two cases (beef, sheepmeat) is the protection for 15 yrs, and even then the impact of a “cap” is not what it might seem at first sight. For rice, dairy products and sugar, the protection is for zero, five or eight years.

2/10 tradebetablog.wordpress.com/2021/06/18/uk-…
To assess the impact, we need to look at

• the starting point (2021 tariffs and quotas)
• the size and expansion rate of the quotas
• how the in-quota tariff compares with the starting point
• what the out-of-quota or safeguard tariff is

3/10 tradebetablog.wordpress.com/2021/06/18/uk-…
Read 11 tweets
16 Jun
What do we know about the “cap on tariff-free imports” into the UK 🇬🇧 from Australia 🇦🇺 under the free trade agreement?

A bit, but not much. Mostly what has been announced in press releases from the two countries.

And incidentally, this thread ⬇️ needs correcting.

1/14
It’s an “agreement-in-principle”, done now BEFORE the negotiations are finished, politics wanted something on the sidelines of the G7 Summit.

But there is information on those imports of farm goods. @DmitryOpines has had a go.



2/14
But there’s more, and I need to correct this:

Many of the present tariff quotas are not duty-free, just lower-than normal tariffs within the quota limits.

So note, in many cases Australian imports get an in-quota tariff cut too

3/14
Read 15 tweets
15 Jun
Right, here's @tradegovuk on the UK-Australia trade deal.

Why “historic”?

Pre-Brexit, UK had deals—via the EU.

This is the *first* post-Brexit UK-only deal to be negotiated from scratch, not a roll-over.

Brexit was 15 mths ago. Not a long history.

1/8 gov.uk/government/new…
What does it contain?

1. It’s an “agreement in principle”, so not the final agreement

2. No text available yet

3. No date is given for when any of this will start to apply

2/n gov.uk/government/new…
A bit more detail. Looks like the 15-year protection for farmers = a gradual expansion of existing tariff quotas (limited quantities allowed in duty-free, expanding to unlimited over 15 yrs)

What are the UK’s existing tariff quotas for Australia? …

3/n gov.uk/government/new…
Read 11 tweets
13 Jun
#G7 #G7TradeMinisters communiqué:

Now circulated in @wto. Its 6 pages includes a couple of paragraphs on “#TradeTransparency

Includes “transparency in all respects” but the focus is narrow:

• market distorting practices
• notifications on goods

1/16 docs.wto.org/dol2fe/Pages/S…
But #TradeTransparency and #wtoTransparency are much more than that.

The #G7TradeMinisters have nothing to say on improving external transparency so the world knows what is happening in the WTO and in other trade negotiations

2/16 tradebetablog.wordpress.com/2021/04/26/wto…
What else do the #G7 #G7TradeMinisters say?

First some nice words on being committed to “free and fair trade” (who isn’t?), tackling the pandemic (who isn’t?), sustainable development goals (who isn’t?), and support @wto reform (who isn’t?)

3/16 docs.wto.org/dol2fe/Pages/S…
Read 17 tweets
12 Jun
COVID-19 IN SWITZERLAND. Week to 12.06.2021—continuing down

Next easing Jun 28?

Per 100K pop, total & last 2 weeks
● cases—8097 & 78 (⬇️)
● in hospital—334 & 2 (⬇️)
● deaths—119 & 0.4 (⬇️)

R(e): ⬇️—0.67
Vaccinations: 5.8m (2.2m 2nd doses)

FOPH covid19.admin.ch/en/overview?ov…

1/11 Screenshot of box on lab-confirmed cases with data and chartScreenshot of box on lab-confirmed hospitalisations with datScreenshot of box on lab-confirmed deaths with data and charScreenshot of box on reproductive number Re (lag in calculat
AND FOR THE PAST FORTNIGHT, R(e) since Sep28

covid19.admin.ch/en/overview

The previous tweet shows that numbers are definitely coming down again after a short rebound in April-early May, although deaths stayed flat.

These are for the last fortnight:

2/11 Screenshot of box on lab-confirmed cases (past fortnight) wiScreenshot of box on lab-confirmed hospitalisations (past foScreenshot of box on lab-confirmed deaths (past fortnight) wScreenshot of Reproductive number since 28.09.2020
VIRUS VARIANTS detected

UK variant dominant. Delta (India) starting to show

Public Health Office: covid19.admin.ch/en/epidemiolog…
Science Task Force: sciencetaskforce.ch/en/nextstrain-…

3/11 Screenshot of list of variants and numbers identified (PubliScreenshot of graph of estimated proportion of relevant variScreenshot: Task Force graph of estimated percentage of B.1.Screenshot: Task Force graph of estimated percentage of P.1
Read 11 tweets

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