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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Extending the time limit for negotiating the UK’s withdrawal from the European Union looks increasingly like the only realistic course. But the difficulties and risks are enormous, not least because there is no common view as to the duration of that extension. And because of that, the risks of a “no-deal” outcome remain substantial. Background […]
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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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Introduction The Agriculture Bill is part of the Government’s Brexit preparation. As the UK leaves the EU, British farmers will no longer be able to receive EU subsidies and will not have to comply with a number of regulations. However, it is likely that they will require financial support. The Bill brings together agriculture and […]
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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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Where the United Kingdom stands now UK politics are in turmoil following the Government’s last-minute decision on 10 December to postpone the House of Commons “meaningful vote” – which had been scheduled for the following day – on the draft UK/EU Withdrawal Agreement and its accompanying Political Declaration on future bilateral relations. Ministers had been […]
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BREXIT – WHEREVER NEXT? On November 14 2018 the United Kingdom Cabinet agreed, following what was described as an “impassioned” debate, to the draft EU Withdrawal Agreement and the associated Political Declaration on the future UK/EU relationship which had been negotiated by officials. That opened the way for the EU 27 heads of government, to […]
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How do you work out a trade deal? If you are a party to one of the 280 or so other free trade agreements (FTAs) in the world[1], your starting point was the commitments you had made at the WTO. This is technically referred to trade on Most Favoured Nation (MFN) terms.[2] You and other […]
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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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