12 June 2017,
L. Alan Winters CB, Professor of Economics and Director of UKTPO.
Suddenly everyone is talking again about the UK’s new trading relationship with the rest of the EU. Given the structure of the new Parliament, any party’s views may turn out to be pivotal. This blog is partly about what the parties say and partly about making conversation between them fruitful by clarifying the language. (more…)
Charlotte Humma June 12th, 2017
Posted In: UK - Non EU, UK- EU
Tags: customs agreement, Customs Union, FTA, Services, Single Market
12 June 2017
Guest blog by Iyan I.H. Offor, Trade & Animal Welfare Project Officer at Eurogroup for Animals and David Bowles, Assistant Director, Public Affairs, RSPCA.
The Conservative Government has been quick to highlight the potential benefits and quick wins for animal welfare made possible by new UK trade competencies post-Brexit. However, experience with the reality of trade negotiations is making some animal welfare organisations more sceptical.
The UK has some of the highest standards in the world enacted under a legislative model. This is in contrast to the approach of the US and Canada, for example, which place reliance upon voluntary industry standards. Diverging welfare standards can result in increased imports of low-welfare products for two reasons. First, lower animal welfare standards are invariably linked to cheaper production which out-factors transport costs. Second, there are no effective mandatory product labelling mechanisms for animal welfare, except for shell eggs. Thus, although consumers express willingness to buy higher welfare products and to pay a premium for such products, they inadvertently purchase low welfare meat and dairy because the market does not operate transparently. This puts the livelihoods of British farmers who comply with animal welfare production requirements at risk. (more…)
Charlotte Humma June 12th, 2017
Posted In: UK - Non EU, UK- EU
Tags: Animal welfare, British farms, Customs Union, FTA, Single Market, welfare standards, WTO
5 June 2017
Brexit could lead to a boom in tourism and high-end exports in the South East, according to a consultation of locals by trade experts at the University of Sussex.
However, there is growing concern about the logistical headache of potentially increased customs and immigration checks at South-East airports, seaports and the Channel Tunnel, the process found.
With the UK General Election only a week away, and with Brexit such an important issue for this election campaign, economists and lawyers from the UK Trade Policy Observatory (UKTPO) based at the University of Sussex have been exploring the key issues for post-Brexit trade policy for the South-East region. (more…)
Charlotte Humma June 5th, 2017
Posted In: UK - Non EU, UK- EU
Tags: Brexit, Devalued currency, foreign investment, Import/export procedures, Regions, South East England, Standards, tourism
31 May 2017
Compiled by Fellows of the UKTPO
Brexit will leave many areas of UK policy open to change. International trade policy is among the most important of these for UK prosperity and also among the most immediate because the status quo cannot simply be extended. This is the sixth in a series of blogs reporting what the major political parties say about trade policy in their 2017 manifestos, as they become available.
The UK Trade Policy Observatory (UKTPO) has set out a series of issues that it believes should be considered in any election manifesto that might form the basis of the UK’s future trade policy. The table below checks whether or not the SNP Manifesto mentions these important elements explicitly or implicitly. Following that, we offer a brief commentary on the treatment of trade policy in the manifesto. (more…)
Charlotte Humma May 31st, 2017
Posted In: UK - Non EU, UK- EU
Tags: ethical trade, Manifesto, Negotiations, Single Market, SNP, transparency
30 May 2017
The UK has accounted for a major share of the world’s wine imports for centuries, and wine currently accounts for more than one-third of UK alcohol consumption. Its withdrawal from the European Union (Brexit) will therefore affect not only UK wine consumers, producers, traders, distributors and retailers but also suppliers of those imports.
Based on a model of the world’s wine markets, in their Briefing Paper ‘Will Brexit harm UK and global wine markets?’ Professor Anderson and Glyn Wittwer determine the impacts of various alternative Brexit scenarios through to 2025, involving adjustments to UK and EU27 bilateral tariffs on wine imports and any changes to UK income growth and the value of the pound over the period of adjustment.
Their research indicates that for wine markets, the impact of the UK leaving the Customs Union is likely to come not only from tariff changes but also from slowed growth of UK incomes and devaluation of the pound. (more…)
Charlotte Humma May 30th, 2017
Posted In: UK - Non EU, UK- EU
Tags: Customs Union, devaluation of the pound, Imports, slowed growth, tariffs, Wine
19 May 2017
Compiled by Fellows of UKTPO
Brexit will leave many areas of UK policy open to change. International trade policy is among the most important of these for UK prosperity and also among the most immediate because the status quo cannot simply be extended. This is the third in a series of blogs reporting what the major political parties say about trade policy in their 2017 manifestos, as they become available.
The UK Trade Policy Observatory (UKTPO) has set out a series of issues that it believes should be considered in any election manifesto that might form the basis of the UK’s future trade policy. The table below checks whether or not the Conservative Manifesto mentions these important elements explicitly or implicitly. Following that we offer a brief commentary on the treatment of trade policy in the manifesto. (more…)
Charlotte Humma May 19th, 2017
Posted In: UK - Non EU, UK- EU
Tags: Article 50, Brexit, Conservatives, Customs Union, FTA, Immigration, Negotiations, Single Market
18 May 2017
Compiled by Fellows of UKTPO
Brexit will leave many areas of UK policy open to change. International trade policy is among the most important of these for UK prosperity and also among the most immediate because the status quo cannot simply be extended. This is the second in a series of blogs reporting what the major political parties say about trade policy in their 2017 manifestos, as they become available.
The UK Trade Policy Observatory (UKTPO) has set out a series of issues that it believes should be considered in any election manifesto that might form the basis of the UK’s future trade policy. The table below checks whether or not the Liberal Democrats’ Manifesto mentions these important elements explicitly or implicitly. Following that we offer a brief commentary on the treatment of trade policy in the manifesto.
The central plank of the Liberal Democrats’ manifesto is remaining in the single market and the customs union. This implies no change to current trade policies and hence little need to discuss them in the manifesto. Thus their coverage of trade policy is rather sparse. (more…)
Charlotte Humma May 18th, 2017
Posted In: UK - Non EU, UK- EU
Tags: Brexit, Customs Union, FTA, Liberal Democrats, Negotiations, Single Market, tariffs, WTO
08 May 2017
L. Alan Winters CB, Professor of Economics and Director of UKTPO.
Signing a Free Trade Agreement is neither necessary nor sufficient for two countries (or groups of countries) to cooperate and enhance trade in research or higher education services. Doing so helps significantly, but needs to be followed up by detailed operational agreements at a lower level. (more…)
Charlotte Humma May 8th, 2017
Posted In: UK - Non EU, UK- EU
Tags: Brexit, FTA, Higher Education
26 April 2017
On 22 February 2017, UKTPO, CBI and the TUC held an event in Newcastle that brought together employees and employers to discuss the important regional issues for post-Brexit trade. This guest blog by Sarah Glendinning, Regional Director for the North East, CBI; and Beth Farhat, Regional Secretary, Northern TUC draws on this discussion.
Now that Brexit negotiations are officially underway it’s important to consider what kind of deal workers and businesses want from negotiations, and what kind of deal will enable all parts of the country to develop and prosper after we leave the EU.
As representatives of working people and businesses from across the North East, we are seeking a Brexit deal that ensures stability and delivers decent jobs, fair pay and growth for the region. (more…)
Charlotte Humma April 26th, 2017
Posted In: UK- EU
Tags: Brexit, Businesses, Negotiations, North East, Workers, WTO