About Peter Holmes

Peter Holmes is a Fellow of the UK Trade Policy Observatory and Emeritus Reader in Economics at the University of Sussex Business School.

Briefing Paper 3 – ROOS AND RULES: WHY THE EEA IS NOT THE SAME AS MEMBERSHIP OF THE SINGLE MARKET

This briefing paper summarises two issues that a post-Brexit United Kingdom would face if it re-joined the European Economic Area (EEA). It introduces the concept of the EEA+EU as a ‘regulatory union’ within which products, once approved in one country, can circulate freely. Secondly, Rules of Origin (RoOs) — which in effect specify the domestic share of value-added — would need to be adhered to, raising concerns about the viability of supply chains with UK links. Read Briefing Paper 3 – ROOS AND RULES: WHY THE EEA IS NOT THE SAME AS MEMBERSHIP OF THE SINGLE MARKET

By |2024-11-20T13:36:42+00:001 October 2016|Briefing Papers|0 Comments

Briefing Paper 1 – THE WORLD TRADE ORGANISATION: A SAFETY NET FOR A POST-BREXIT UK TRADE POLICY?

By electing to leave the European Union, the United Kingdom has chosen – among many other things – to leave the customs union (and the single market that includes all member states) and reassert its status as an individual member of the World Trade Organisation (WTO). In doing so, it will take sole responsibility for the control and governance of its external trade policy with all other WTO members (including the EU) within the framework of WTO rules. This paper explores the nature of those WTO commitments and how they might impact the UK from the date of its exit from the EU. Read Briefing Paper 1 – THE WORLD TRADE ORGANISATION: A SAFETY NET FOR A POST-BREXIT UK TRADE POLICY?

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