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beef and dairy farmers can have to our markets — less has been granted than british farmers feared. ensuring food standards are upheld — hormone treated meat remains banned, but the uk has had to agree to remove tariffs on malaysian palm oil, blamed for aiding deforestation. and the fineprint of this deal will be carefully scrutinised. so, why go to all this trouble? it's about the potential. think of it as buying a start—up. you wouldn't buy a small company like that and expect it to be delivering on the day. you're thinking about the potential. it could mean closer links with some of the fastest growing nations, so business groups are broadly supportive. and greater gains could come if others sign up, south korea for example, or even china. we'd help decide if and how itjoins. hopes however that america, our biggest trading partner, might apply have been dashed. for now, though, the significance

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