The WTO: A safety net for a post-Brexit UK trade policy?

July 2016 – The WTO and Brexit – Authors: Jim Rollo, Ingo Borchert, Kamala Dawar, Peter Holmes, Alan Winters from the UK Trade Policy Observatory.

By electing to leave the European Union, the United Kingdom has chosen – among many other things – to leave the customs union (and the single market that includes all member states) and reassert its status as an individual member of the World Trade Organisation (WTO). In doing so, it will take sole responsibility for the control and governance of its external trade policy with all other WTO members (including the EU) within the framework of WTO rules.

This paper explores the nature of those WTO commitments and how they might impact the UK from the date of its exit from the EU.

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