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Trade Partnerships

Commentary

What if Brexit Leads to “No Deal”?

Throughout the Brexit process an eventual “No deal” situation has been held out to the public of the United Kingdom variously as a horror scenario or as a launch-pad for future national development. The prospects of a “No deal” outcome, and the conflicting views as to what it means, have been expressed with considerable force […]

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Commentary

Positioning the UK in global trade policy

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What role can the UK carve out for itself in global trade policy after leaving the EU? It will be able to speak with an “independent” and “distinctive” voice, will relentlessly push the case for free trade and multilateralism, and will strive to ensure that everyone is able to access the benefits of trade. That, […]

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Commentary

Macron-omics meets multilateralism

https://commons.wikimedia.org/wiki/File:Vladimir_Putin_and_Emmanuel_Macron_(2017-05-29)_06.jpg

Emmanuel Macron has an appetite for big challenges. Not content with trying to rescue the Paris Agreement, the Iran nuclear deal, and stare down waves of strikes at home, he now wants to completely overhaul the WTO. His call came at an OECD forum, at the end of which the United States pointedly refused to […]

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Commentary

Customs arrangements and post-Brexit trade policy: What are the options?

Prime Minister Theresa May holds a Tech Sector Roundtable and Reception at No10 Downing Street. PM May holds roundtable in the famous Cabinet Room for members from the Tech Sector followed by a Reception at No10. Image obtained by No 10 Flickr.

Customs arrangements and post-Brexit trade policy: What are the options? Theresa May’s cabinet has met this week in another of its recurring “crunch meetings” on its future position vis a vis the EU. The main bone of contention is the question of customs arrangements. Theresa May has already ruled out continuing membership of the EU’s […]

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Commentary

The Role of Regulatory Cooperation in the Future of the WTO

The emergence of global value chains (GVCs) and global public goods presents an opportunity for the World Trade Organization (WTO) to play a larger role in international regulatory cooperation. This paper identifies the circumstances and modalities where the WTO is most likely to be successful. First, it assesses the circumstances in which international regulatory cooperation is best […]

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Commentary

Trade, War and Trade Wars

Donald Trump’s decision to repudiate the Joint Comprehensive Plan of Action agreed with Iran has not only precipitated a security crisis, it will also further ratchet up tensions in world trade. Trade is a fundamental part of the deal, for Iran, but also the European Union. In just two years, EU exports to Iran increased […]

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