Brexit Britain’s CPTPP bid could get a major boost thanks to Japan’s incoming Prime Minister.
BREXIT CONVERSATIONS The newly announced Prime Minister of Japan could give Britain a tremendous boost in its bid to join a massive Indo-Pacific trading bloc.
On Monday, Fumio Kishida was sworn in as Japan’s 100th prime minister, earning a majority of votes in both chambers of parliament. A snap election has already been announced for October 31 by the newly elected leader.
The unexpected decision, which comes amid widespread predictions for a November election, appears to be geared at taking advantage of a usual honeymoon period granted to new governments and a steep decline in coronavirus cases.
His foreign policies are being closely scrutinized abroad, particularly in the context of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, as he is projected to win the election (CPTPP).
Brexit Britain has submitted its application for membership in the CTPPP, and negotiations with the alliance’s 11 members will begin on Tuesday.
The CPTPP trade agreement between Japan, Canada, Australia, Vietnam, New Zealand, Singapore, Mexico, Peru, Brunei, Chile, and Malaysia eliminates 95% of tariffs between its members.
Following the declaration of the United Kingdom’s newly formed defence alliance with Australia and the United States to confront China’s military might in the Indo-Pacific, Beijing submitted its application to join the CPTPP.
Taiwan followed suit very immediately.
The decision caught the United Kingdom and the United States off guard, placing pressure on CPTPP members to take a stand on both China and Taiwan.
Japan now holds the rotating chair of the CPTPP, and the new prime minister is already well-known for his anti-China attitude, which could help the UK’s accession talks.
During Tokyo’s chairmanship, the UK’s application has already been prioritized.
China and Taiwan have varied relationships with each CPTPP member.
However, as this year’s chair, Japan has a responsibility to steer these difficult conversations in the right direction.
During his campaign, Kishida stated that if elected, he would prioritize resisting China’s expanding power, and that Japan should work closely with the US and other “like-minded” democracies to do so — a position that accords with US President Joe Biden’s containment strategy.
He also promised to create a special adviser to the prime minister position to deal with human rights violations in Xinjiang and Hong Kong.
Kishida also stated that in order to exert additional pressure, Japan’s military budget would be increased. “Brinkwire News Summary.”