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CPTPP updated impact.
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By (user no longer on site)
over a year ago
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"The scoping assessment of 0.08% is now officially out of date.
"
Deloitte are using that figure, parroting U.K. govt. numbers. It might turn out more. It might turn out less. Nobody knows right now. |
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By *otMe66Man
over a year ago
Terra Firma |
"The scoping assessment of 0.08% is now officially out of date.
Deloitte are using that figure, parroting U.K. govt. numbers. It might turn out more. It might turn out less. Nobody knows right now. "
It is usually the government that communicates what Deloitte partners advise them. |
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By *oo hotCouple
over a year ago
North West |
"The scoping assessment of 0.08% is now officially out of date.
"
Of course.
When you face so much ridicule because of it, the best thing that you can do is say it is out of date. But then you look even more ridiculous by not actually having a clue what the real figure is likely to be. A lack of attention to detail is the legacy of 13 years of incompetent Conservative Governments. |
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By *eroy1000Man
over a year ago
milton keynes |
"The scoping assessment of 0.08% is now officially out of date.
"
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments"
It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think |
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By *eroy1000Man
over a year ago
milton keynes |
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think"
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that. |
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By *irldnCouple
over a year ago
Brighton |
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that. "
The UK is a “big country” with the world’s 5th or 6th biggest economy. So I wonder what impact the UK joining will have? |
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By *lfasoCouple
over a year ago
South East |
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that.
The UK is a “big country” with the world’s 5th or 6th biggest economy. So I wonder what impact the UK joining will have?"
The 0.8 figure comes comes from the Department for International Trade’s document, ‘UK Accession to CPTPP: The UK’s Strategic Approach’. Which contains numerous caveats including the fact that it is based on 2014 data! |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that.
The UK is a “big country” with the world’s 5th or 6th biggest economy. So I wonder what impact the UK joining will have?"
Multiple other countries have now applied for accession after the uk trail blazed.
Good to see |
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By *oo hotCouple
over a year ago
North West |
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that.
The UK is a “big country” with the world’s 5th or 6th biggest economy. So I wonder what impact the UK joining will have?
Multiple other countries have now applied for accession after the uk trail blazed.
Good to see"
How did we trail blaze if it already existed?
The audaciousness of gaslighting is on another level sometimes in this place. |
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"Multiple other countries have now applied for accession after the uk trail blazed.
Good to see"
"How did we trail blaze if it already existed?"
The UK is the first non-founding country to join the CPTPP, and it seems that other countries want to follow our example. That sounds like at least making a trail, if not actually 'blazing' it. |
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By (user no longer on site)
over a year ago
|
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think"
did they say which countries would be needed to get the 10x uptick ? |
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By *irldnCouple
over a year ago
Brighton |
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that.
The UK is a “big country” with the world’s 5th or 6th biggest economy. So I wonder what impact the UK joining will have?
The 0.8 figure comes comes from the Department for International Trade’s document, ‘UK Accession to CPTPP: The UK’s Strategic Approach’. Which contains numerous caveats including the fact that it is based on 2014 data!"
I know  |
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By (user no longer on site)
over a year ago
|
"Figures are good, but when are we going to see goods pour in from these countries and reduce the cost of people’s weekly shop?
When will it happen?"
Realistically? It won’t. |
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By (user no longer on site)
over a year ago
|
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? "
I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc? |
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By *otMe66Man
over a year ago
Terra Firma |
"Figures are good, but when are we going to see goods pour in from these countries and reduce the cost of people’s weekly shop?
When will it happen?"
Wrong way... When will we see our products in their countries bringing us the benefits through increased productivity.
Like all trade deals, it takes businesses time to understand the rules and begin the negotiations. |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that.
The UK is a “big country” with the world’s 5th or 6th biggest economy. So I wonder what impact the UK joining will have?
Multiple other countries have now applied for accession after the uk trail blazed.
Good to see
How did we trail blaze if it already existed?
The audaciousness of gaslighting is on another level sometimes in this place."
We were the first new members to acceded who weren't part of the original discussions.
We trailblazed |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? "
Yes. |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?"
Nope.
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By (user no longer on site)
over a year ago
|
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that.
The UK is a “big country” with the world’s 5th or 6th biggest economy. So I wonder what impact the UK joining will have?
Multiple other countries have now applied for accession after the uk trail blazed.
Good to see"
Which countries have applied for accession since the U.K signed the agreement last week? |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that.
The UK is a “big country” with the world’s 5th or 6th biggest economy. So I wonder what impact the UK joining will have?
Multiple other countries have now applied for accession after the uk trail blazed.
Good to see
Which countries have applied for accession since the U.K signed the agreement last week? "
Before the uk signed.
They were in the queue behind us.
It says on new impact assessment. |
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By (user no longer on site)
over a year ago
|
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that.
The UK is a “big country” with the world’s 5th or 6th biggest economy. So I wonder what impact the UK joining will have?
Multiple other countries have now applied for accession after the uk trail blazed.
Good to see
Which countries have applied for accession since the U.K signed the agreement last week?
Before the uk signed.
They were in the queue behind us.
It says on new impact assessment."
You really do need to be clearer in your wording.
I’m fully aware of which countries have applied since 2021, and which ones may apply. Few big hitters, but like Tesco, every little helps |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't think
Good to hear it's going in the right direction. Quite a jump to get up to 1% so assume its either a few new countries or a big country to join to enable that.
The UK is a “big country” with the world’s 5th or 6th biggest economy. So I wonder what impact the UK joining will have?
Multiple other countries have now applied for accession after the uk trail blazed.
Good to see
Which countries have applied for accession since the U.K signed the agreement last week?
Before the uk signed.
They were in the queue behind us.
It says on new impact assessment.
You really do need to be clearer in your wording.
I’m fully aware of which countries have applied since 2021, and which ones may apply. Few big hitters, but like Tesco, every little helps"
Why did you ask then? |
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By (user no longer on site)
over a year ago
|
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
"
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ? |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ?"
No.
You dont need an individual fta with every member to join cptpp. |
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"Figures are good, but when are we going to see goods pour in from these countries and reduce the cost of people’s weekly shop?
When will it happen?"
I'm not sure when it will happen, but it'll be a millisecond before we see a flood of complaints that foreigners are undercutting our British businesses and causing jobs to be lost. |
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By (user no longer on site)
over a year ago
|
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ?
No.
You dont need an individual fta with every member to join cptpp. "
not what I meant.
By joining the cptpp you are signing up to an FTA with all members. It's a consequence of being in the cptpp. |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ?
No.
You dont need an individual fta with every member to join cptpp. not what I meant.
By joining the cptpp you are signing up to an FTA with all members. It's a consequence of being in the cptpp. "
Yes cptpp is an fta |
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By (user no longer on site)
over a year ago
|
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ?
No.
You dont need an individual fta with every member to join cptpp. not what I meant.
By joining the cptpp you are signing up to an FTA with all members. It's a consequence of being in the cptpp.
Yes cptpp is an fta"
cool. So by default we'd have an FTA with america if US joined. And impact of this is 1pc. |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ?
No.
You dont need an individual fta with every member to join cptpp. not what I meant.
By joining the cptpp you are signing up to an FTA with all members. It's a consequence of being in the cptpp.
Yes cptpp is an ftacool. So by default we'd have an FTA with america if US joined. And impact of this is 1pc. "
Of sorts yes. The 1% included other coutnries. |
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By (user no longer on site)
over a year ago
|
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ?
No.
You dont need an individual fta with every member to join cptpp. not what I meant.
By joining the cptpp you are signing up to an FTA with all members. It's a consequence of being in the cptpp.
Yes cptpp is an ftacool. So by default we'd have an FTA with america if US joined. And impact of this is 1pc.
Of sorts yes. The 1% included other coutnries."
I'm being generous it's all US. Agreed it could be lower.
And also there's added value of cptpp over a simple 121 FTA (as I understand it).
But imo it could be useful we have a ball park value add figure of a US FTA. Not sure I've seen one before. |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ?
No.
You dont need an individual fta with every member to join cptpp. not what I meant.
By joining the cptpp you are signing up to an FTA with all members. It's a consequence of being in the cptpp.
Yes cptpp is an ftacool. So by default we'd have an FTA with america if US joined. And impact of this is 1pc.
Of sorts yes. The 1% included other coutnries.I'm being generous it's all US. Agreed it could be lower.
And also there's added value of cptpp over a simple 121 FTA (as I understand it).
But imo it could be useful we have a ball park value add figure of a US FTA. Not sure I've seen one before. "
Then why wouldn't they just model the USA?
But no, it's not all USA.
It would be good the separate out the usa of this agreement.
It seems pointless scoping out the potentional gain. While Biden is in charge. |
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By (user no longer on site)
over a year ago
|
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ?
No.
You dont need an individual fta with every member to join cptpp. not what I meant.
By joining the cptpp you are signing up to an FTA with all members. It's a consequence of being in the cptpp.
Yes cptpp is an ftacool. So by default we'd have an FTA with america if US joined. And impact of this is 1pc.
Of sorts yes. The 1% included other coutnries.I'm being generous it's all US. Agreed it could be lower.
And also there's added value of cptpp over a simple 121 FTA (as I understand it).
But imo it could be useful we have a ball park value add figure of a US FTA. Not sure I've seen one before.
Then why wouldn't they just model the USA?
But no, it's not all USA.
It would be good the separate out the usa of this agreement.
It seems pointless scoping out the potentional gain. While Biden is in charge."
I agree it would be good. As if is it feels like they are using the US to make a big number... Even if it's not achieveable ATM. And to give a better number for the US deal rather than my crude upper limit (which given other estimates in their IA may not be that crude tbh) |
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By (user no longer on site)
over a year ago
|
"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ?
No.
You dont need an individual fta with every member to join cptpp. not what I meant.
By joining the cptpp you are signing up to an FTA with all members. It's a consequence of being in the cptpp.
Yes cptpp is an ftacool. So by default we'd have an FTA with america if US joined. And impact of this is 1pc.
Of sorts yes. The 1% included other coutnries.I'm being generous it's all US. Agreed it could be lower.
And also there's added value of cptpp over a simple 121 FTA (as I understand it).
But imo it could be useful we have a ball park value add figure of a US FTA. Not sure I've seen one before.
Then why wouldn't they just model the USA?
But no, it's not all USA.
It would be good the separate out the usa of this agreement.
It seems pointless scoping out the potentional gain. While Biden is in charge."
Indeed. It seems that where the USA deal is concerned, we’re at ‘the back of the queue’ after all. |
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"The scoping assessment of 0.08% is now officially out of date.
Is there any plans to do an up to date assessment. Having only an out of date one is not great though I suspect that regardless of figures it would still cause arguments It's improved the the amount to 0.09% taking in 2021 prices.
But it now takes into consideration the likelihood of other countries joining cptpp. And of they do do it increases to 1% impact
I didn't thinkdid they say which countries would be needed to get the 10x uptick ? I'm going to answer my own question. The US and all the other ASEAN countries.
New question to those who are more in the detail. Does this mean our governments estimate of a FTA+ with the US is 1pc?
Nope.
what does it mean then? I'm assuming for US to join it requires them to be in an FTA with all parties ? Or is that my mistake ?
No.
You dont need an individual fta with every member to join cptpp. not what I meant.
By joining the cptpp you are signing up to an FTA with all members. It's a consequence of being in the cptpp.
Yes cptpp is an ftacool. So by default we'd have an FTA with america if US joined. And impact of this is 1pc.
Of sorts yes. The 1% included other coutnries.I'm being generous it's all US. Agreed it could be lower.
And also there's added value of cptpp over a simple 121 FTA (as I understand it).
But imo it could be useful we have a ball park value add figure of a US FTA. Not sure I've seen one before.
Then why wouldn't they just model the USA?
But no, it's not all USA.
It would be good the separate out the usa of this agreement.
It seems pointless scoping out the potentional gain. While Biden is in charge.I agree it would be good. As if is it feels like they are using the US to make a big number... Even if it's not achieveable ATM. And to give a better number for the US deal rather than my crude upper limit (which given other estimates in their IA may not be that crude tbh)"
Each countries u pact is different for example...I think they actually expect the majority of gains to come from Malaysia. ( or that that trade would increase the most)
Apparently our service exports there vs goods have been decreasing( I assume they've put blocks in the way)
But they can't keep them up with us as members.
If USA were to join. I think the uk would aeueously have to consider divergence away from e.u financial services equivalency( whichnit should be doing( |
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