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29 March 2019
Nicolo Tamberi is Research Assistant in Economics for the UK Trade Policy Observatory and L. Alan Winters CB is Professor of Economics and Director of the Observatory.
The eight EU Trade Agreements that the UK has rolled-over replicate current trading conditions with their respective partners to a substantial extent. However, conditions could still deteriorate for at least two reasons:
- A bilateral negotiation that excludes the EU can only partially overcome possible problems with rules of origin;
- UK regulation and/or certification can be recognised only where partners have not tied themselves to EU regulations. Where they have, recognition of UK regulation and certification must wait until the UK also aligns with the EU.
Charlotte Humma March 29th, 2019
Posted In: UK - Non EU, UK- EU
continuity bilateral trade agreements, Grandfathering, mutual recognition, rolling over, Rules of Origin, Trade agreements