Introduction With the decision taken by the UK government to exit the EU there are a myriad of questions and issues for all sectors of the economy including agriculture, the rural environment and the food economy. Although agriculture is a small part of the UK economy (0.59% of GDP in 2017) its importance is far […]
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Trade facts the UK Government has to face
A central plank of the UK Government’s Brexit policy is to re-establish an “independent” UK international trade policy following more than forty years of integration into the Common Commercial Policy (CCP) of the European Union. This would have been hard enough technically, even without the ill-tempered stand-off into which the Brexit negotiations have now declined. […]
Read moreWhat do we mean by an independent trade policy for the UK?
An “independent trade policy” is one of the main prizes proponents of Brexit wish to claim. The issue was barely mentioned during the referendum campaign. But both the Withdrawal Agreement and the Political Declaration state it as one of the main objectives for the UK. And opponents of both frequently point to provisions within these […]
Read moreNo, GATT Article XXIV will not save the UK from a no deal Brexit
Once the preserve of trade policy wonks, GATT Article XXIV has entered mainstream political discourse in the UK. Ever since the Withdrawal Agreement negotiated between the UK and EU was first voted down in parliament, various political figures (Dominic Raab being the latest) have referred to this Article as paving the way for a “managed […]
Read moreThe stranger in your midst: Immigration policy and Brexit
Immigration was one of the key issues of contention in the referendum of 23 June 2016. The desire to limit immigration for the European Union was cited as one of the main factors, if not the main one, motivating the leave vote that prevailed on the day. Since then, the Government has listed the control […]
Read moreCome up Trumps? The implications of a UK-US free trade agreement
President Trump’s state visit has once again brought the question of a UK-US Free Trade Agreement (FTA) back into the headlines. The US administration has on previous occasions expressed its readiness to begin negotiations with the UK. And in early 2019, the US Trade Representative’s office released its negotiating objectives. The breadth and depth of […]
Read moreTrump’s tariffs on China – a longer view, and what they mean for the UK.
President Trump announced on 10 May 2019 his decision to increase from 10% to 25% tariffs which were imposed in 2018 on $200 billion worth of US annual goods imports from China. The action came after bilateral trade discussions between China and the US on major differences between them failed to deliver an agreement. He […]
Read moreServices: the neglected part of Brexit
Services are a vital part of the UK’s economy. They account for close to 80% of its GDP. Services exports are around 45% of total UK exports by value, and will in all likelihood overtake goods in the near future. Over the last 10 years, services exports to the EU have grown at an annual […]
Read moreMORE TIME FOR BREXIT
The UK and the EU-27 have agreed on an extension to Brexit, with the new deadline for the UK’s withdrawal moved back to 31 October 2019. The UK may leave the EU earlier if parliament passes the Withdrawal Agreement agreed by the Government and the EU. The Government and the Opposition have engaged in talks […]
Read moreAn Uncommon Approach to Brexit
On 27 March, the House of Commons voted on eight approaches to “Brexit”, as alternatives to the Withdrawal Agreement negotiated between the UK and the EU in 2018. Votes on these plans were indicative i.e. they were not binding on the government. In the event, all motions were rejected, including motions in favour of a […]
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