Commentary
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 […]
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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 […]
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With the UK parliament showing little sign of resolving its differences of opinion with itself on the UK’s departure from the EU, the UK government has published a list of customs duties that would apply “temporarily” in the event of a “no-deal“ exit. The government says that under such arrangements 87% of imports to the […]
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The United States Trade Representative (USTR) has released negotiating objectives for a prospective Free Trade Agreement (FTA) with the UK. The publication of such objectives is a routine event before the US enters into any trade negotiations. But it made headlines in the UK, which has little or no direct experience of trade negotiations. The […]
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Political debate in the UK has been dominated in the last few months by the issue of the “Irish Backstop”. Division over the issue has prevented parliamentary ratification of the Withdrawal Agreement negotiated by the UK Government and the EU. The impact of the UK leaving the EU on a “no deal” basis – i.e. […]
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Brexit negotiations between the UK and the EU create a “policy externality”. That is, their outcome will have effects on third parties that have no direct say in the negotiations. The scope for these externalities increases the more these parties are dependent on the UK and EU for their trade, and the bigger the share […]
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In perhaps the most significant development since the UK voted to leave the European Union in June 2016, negotiators representing the UK and the EU member states have struck an agreement on the terms of the UK’s withdrawal from EU membership. Accompanying that draft Withdrawal Agreement is a draft Political Declaration that provides a framework […]
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What can be done to save the WTO? The question was on the minds of officials from 13 countries – including Canada, the European Union, Australia, Switzerland, Brazil, Kenya and Mexico – meeting in Ottawa at the end of October. The meeting came on the heels of proposals put forward by Canada and the EU, […]
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We present the main points discussed by Professor L Alan Winters, Lord O’Donnell and Amar Breckenridge at a Trade Knowledge Exchange Webinar on 20 July. A full recording of the session can be accessed here. 1. A grand political bargain The White Paper is a negotiating text in two ways. Firstly, it sets out the […]
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One of the objectives the UK has set for itself on leaving the European Union is to conclude Free Trade Agreements (FTA) with its major trade partners. The White Paper on future arrangements between the UK and the European Union (EU) proposes a free trade agreement (FTA) between both parties. It also sets specifically mentions […]
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