The UK produces and exports a wide range of agricultural and other primary goods, manufactured goods and services. Often based around membership of the EU single market, the UK has actively taken its place in globalised supply chains. The UK’s exit from the EU will therefore be likely to cause disruptions to its trade with Europe and the wider world. And whether or not the UK remains in the Customs Union, or is ‘aligned’ with it, new arrangements will be required for services.
Our Sectors section offers insights and evidence on Brexit’s impact on key sectors in the UK and beyond.
Commentary
The UK and Switzerland jointly announced that they would begin exploratory work this year on negotiating a “modernised and enhanced” Free Trade Agreement (FTA). The two countries also announced that they would try and conclude a mutual recognition agreement on financial services by the end of 2023. We consider some of the issues. Some quirky […]
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24th November 2021
Online
Frontier Economics and Trade Knowledge Exchange are delighted to invite you to a virtual panel discussion on the role of trade policy in addressing climate change. This event is timed to fall between the COP-26 summit on climate change in Glasgow and the 12th Ministerial Conference of the WTO to be held in Geneva. We […]
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In our post entitled Brexit and the Irish border issue dated 9 February 2018, we wrote: The Issue of Brexit and the Irish border – how to avoid creating some form of border within the island of Ireland – has emerged as one of the most difficult in the entire Brexit negotiation. Three and a […]
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8 October 2019
Geneva, Switzerland
TKE Partners, Frontier Economics and the UK Trade Policy Observatory co-hosted a working session on “Rethinking Services Trade in a Digital World”, at the World Trade Organisation’s 2019 Public Forum in Geneva.
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Introduction With the decision taken by the UK government to exit the EU there are a myriad of questions and issues for all sectors of the economy including agriculture, the rural environment and the food economy. Although agriculture is a small part of the UK economy (0.59% of GDP in 2017) its importance is far […]
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The political tumult in the UK over the manner in which Brexit would happen has all but drowned out discussions on the UK’s trade policy after Brexit. Admittedly, the matter of a UK-USA free trade agreement periodically resurfaces. But usually in headline-grabbing ways shorn of serious analysis, as was the case during US Vice President […]
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Services are a vital part of the UK’s economy. They account for close to 80% of its GDP. Services exports are around 45% of total UK exports by value, and will in all likelihood overtake goods in the near future. Over the last 10 years, services exports to the EU have grown at an annual […]
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13 June 2019
London, UK
The UK’s approach to agriculture and trade is set to change after Brexit. The Agriculture Bill currently before parliament looks set to overhaul a number of aspects of policy. We look at some of the key policy and commercial issues.
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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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