Source · Select Committees · Foreign Affairs Committee
Recommendation 5
5
Accepted
Paragraph: 28
Supporting continued prioritisation of Indo-Pacific relationships, trade, and investment for mutual economic benefit.
Conclusion
We support the continued prioritisation of the UK’s relationship with Indo-Pacific countries and all efforts to expand trade and investment links with one of the fastest growing regions of the world, which will benefit the economies of the UK and our partners globally.
Government response summary AI-generated
The government agrees with the committee's support and details specific actions, including signing the CPTPP Accession Protocol, pursuing further FTAs, increasing inward investment, and tackling market access barriers in the Indo-Pacific region.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference:
28
Government Response
Accepted
HM Government · verbatim extract
Accepted
18. The Government agrees and welcomes the Committee’s support for its increased economic engagement with the Indo-Pacific region. The Indo-Pacific is the engine of global growth; expected to account for 54% of global GDP growth between 2021 and 2050. The UK aims to capitalise on its growth and dynamism to support UK prosperity.
Read the full response on Parliament ↗