Commentary
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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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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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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Guest author for the TKE and agricultural trade expert Chris Horseman writes about bananas and Brexit. This article contemplates what the UK might do about its external trade regime after Brexit, and uses the example of bananas to illustrate some of the challenges.
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US-UK Trade: what’s in IT? At the World Economic Forum meeting at Davos in January 2018 President Trump forecast a “tremendous” increase in trade between the US and the United Kingdom, presumably following Brexit. US Treasury Secretary Steven Mnuchin suggested that the UK would be at the head of the queue for a new trade […]
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UK-China Trade: Eastern Promise? UK-China trade has featured highly on Theresa May’s visit to China. The Prime Minister hopes that by the end of her sojourn, a further £9 billion in commercial deals will have been secured between UK and Chinese businesses. Trade with China is a small but important part of the UK’s overall […]
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