19 April 2018
Jim Rollo is Deputy Director of UKTPO, Emeritus Professor of European Economics at the University of Sussex and Associate Fellow, Chatham House. Dr Peter Holmes Reader in Economics at the University of Sussex and Fellow of the UKTPO.
On Wednesday this week, the House of Lords voted that after Brexit a customs union with the EU should not be ruled out. If it remains in the legislation, it would require the government to submit a report to Parliament on the Customs Union option. This blog discusses some of the key issues that would need to be considered in such a report. (more…)
Charlotte Humma April 19th, 2018
Posted In: UK- EU
29 March 2018
With one year to go until the UK will leave the European Union (EU), sorting out Britain’s trade relation with the EU is the most important task. Yet the design of the future UK-EU agreement has implications for trade policy towards non-EU countries. On account of this, the British Prime Minister in her Mansion House speech ruled out forming a new customs union with the EU because this “would not be compatible with a meaningful independent trade policy.” Indeed, having sovereignty over its external trade policy post-Brexit has been at the forefront of the UK’s negotiation agenda, and consequently, the provision in the current draft Withdrawal Agreement that the UK may commence Free Trade Agreement (FTA) negotiations with other countries during the transition period was perceived as an important concession won. (more…)
Charlotte Humma March 29th, 2018