Briefing Paper 2 – THE UK TRADE LANDSCAPE AFTER BREXIT
This paper discusses the challenges for the UK as it attempts to redefine and renegotiate its post-Brexit foreign trading relationships. This briefing makes the assumption that the UK will not, after leaving the EU, remain part of the customs union. On this basis, the paper examines the nature of such trade negotiations; the scale of the negotiating tasks confronting the UK; and potential approaches that may reduce the immediate negotiating load. It also identifies the countries that should be prioritized for trading negotiations, and examines the likely resources that will be required to undertake these.
Delaying EU-UK trade negotiations would cost billions – in the best-case scenario
Dr Emily Lydgate is a Lecturer in Law in the School of Law, Politics and Sociology at the University of Sussex, and is a member of UKTPO
According to government sources at the weekend, the UK probably won’t trigger Article 50 until late 2017. At this point, it is crucial the EU and UK begin negotiating their new trade agreement. Delaying until after Brexit and relying on WTO rules in the meantime would cost the UK billions – in the best case scenario.
The worst case would see trade conflicts erupting and negotiations with the rest of the world in indefinite limbo. […]
Heaven or hell? Brexit legal issues analysed through ‘Hotel California’ lyrics
Erika Szyszczak is Professor of Law in the School of Law, Politics and Sociology at the University of Sussex, and a member of UKTPO.
This post sets out some of the legal issues arising after the referendum of 23 June 2016, taking a generous liberty with the interpretation of the lyrics of The Eagles’ song “Hotel California”.
Leaving the EU Customs Union: What is the issue?
Professor L. Alan Winters, Professor Jim Rollo and Dr Peter Holmes are all members of UKTPO
Liam Fox MP, the President of the Board of Trade, is reported as saying that the UK should leave the EU Customs Union so as to give it the freedom to negotiate Free Trade Areas (FTAs) with other countries.
This would be an unexceptionable step after full Brexit but a provocative, and very probably costly, one before Brexit. […]
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?