Commentary
The White Paper released by the UK Government on 12 July 2018 deals primarily with the UK’s relationship to the EU. In keeping with previous statements and papers, it seeks a deep and comprehensive free trade agreement with the EU. But it also sets out the UK’s ambition to develop its own independent trade policy […]
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Twenty-eight years after they last managed it, England have made the semi-final of football’s World Cup. England’s match against the then West Germany in Turin in July 1990, came in the middle of a tumultuous time for Europe. The Berlin wall had recently come down, and German reunification was on the horizon. This time round, […]
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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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There are four months to go until the European Union’s October 2018 deadline for finalisation of a Brexit withdrawal agreement which can be put to the member states for ratification, and nine months until March 29 2019 when the UK, according to its withdrawal notification, will cease to be a member state. Meanwhile the complexity […]
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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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As part of a new series of ‘Round Up Surveys’, TKE is asking trade experts from across the public and private sector for their opinions on topical trade issues, including Lord Gus O’Donnell, David Henig, and Dr Peter Holmes. Our first Round Up comes in the wake of President Trump’s comment that “trade wars are […]
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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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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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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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WTO membership and the European Union It is commonly (and loosely) said either that at the point of withdrawal from the European Union the United Kingdom will need to join the WTO as an independent member; or that the UK will resume its original WTO seat as an independent member. Neither proposition is strictly true. […]
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