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27 October 2022

Camille Vallier is a Fellow of the UK Trade Policy Observatory and Research Fellow in Trade and Sustainable Law at the School of Law, Politics and Sociology, University of Sussex. This blog was originally published by Trade 4 Sustainable Development.

After having defended a sustainable development approach to trade based on cooperation and dialogue for the past decade, the European Union (EU) announced in June 2022 its intention to tighten its approach. The recent Communication “The power of trade partnership: together for green and just economic growth” presents the EU’s new strategy, which, among other measures, plans to extend the general state to state dispute settlement mechanism to the TSD chapter and to include the possibility of trade sanctions for non-compliance with certain provisions of the TSD chapter. These new measures have been adopted in response to a long-lasting observation that the current system does not enable a full and satisfying implementation and enforcement of sustainability provisions. (more…)

October 27th, 2022

Posted In: UK- EU

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Share this article: Facebooktwitterredditpinterestlinkedinmail12 September 2022

Michael Gasiorek is Director of the UK Trade Policy Observatory and Co-Director of the Centre for Inclusive Trade Policy. He is Professor of Economics at the University of Sussex Business School.

Once again, the UK has a new Prime Minister, a new cabinet, and thus a new Secretary of State for International Trade. This is the 4th Secretary of State for trade in five years! (more…)

September 12th, 2022

Posted In: UK - Non EU, UK- EU, Uncategorised

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Share this article: Facebooktwitterredditpinterestlinkedinmail22 August 2022

Peter Holmes is a Fellow of the UK Trade Policy Observatory and Emeritus Reader in Economics at the University of Sussex Business School. Guillermo Larbalestier is Research Assistant in International Trade at the University of Sussex and Fellow of the UKTPO.

After time in the shade, Freeports are back in the news. The policy has been embraced and a subject of discourse by both PM candidates, Rishi Sunak and Liz Truss, as part of their “benefits from Brexit” claims and “levelling up” strategies. There has also recently been concern by some commentators that Freeports risk becoming ‘Charter Cities’. (more…)

August 22nd, 2022

Posted In: UK - Non EU, UK- EU, Uncategorised

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Share this article: FacebooktwitterredditpinterestlinkedinmailTrade and Public Policy (TaPP) Network [1]

13 June 2022 [2]

Free trade agreements (FTAs) cover the liberalisation of goods, services, and investment and can have substantial and long-term implications for many areas of public policy, from the environment to public health, from industrial strategy to farming practices. In the UK, parliamentary scrutiny plays an important role in holding the Government to account and ensuring that UK FTAs reflect the public interest, from negotiations to signature, and later, implementation. This blog highlights six ways to further strengthen the process. (more…)

June 13th, 2022

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4 March 2022

Minako Morita-Jaeger is Policy Research Fellow at the UK Trade Policy Observatory
Senior Research Fellow in International Trade in the Department of Economics, University of Sussex

The UK signed a bilateral FTA with Australia on 17th December 2021. The Agreement is currently under UK parliamentary scrutiny for a three-month period until the middle of March. This is the first FTA the UK has negotiated with a trade partner ‘from scratch’. The Agreement is potentially an important benchmark for future trade negotiations, notably the ongoing application by the UK for accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). (more…)

March 4th, 2022

Posted In: UK - Non EU

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Image of Alan Winters8 November 2021

L. Alan Winters is Professor of Economics and Founding Director of the UKTP0 and Guillermo Larbalestier is Research Assistant in International Trade at the University of Sussex and Fellow of the UKTPO.

Key Findings:

  • To date, the UK government has signed no new trade agreements relative to what it would have had as a continuing member of the EU.
  • The Government estimates that the two agreements in principle announced this year (Australia and New Zealand) will increase UK Gross Domestic Product by between £200 and £500 million annually – that is, 0.01% to 0.02% (one to two ten-thousandths) of GDP or between £3 and £7 per head of population – and that only after they have bedded down over 15 years or so .

We were asked to sum up the economic benefits of the UK’s new post-Brexit trade agreements. Our first observation is that if we take as a starting point the trade agreements that the UK would have been party to as a member of the EU, the government has, to date, signed no new trade agreements! (more…)

November 8th, 2021

Posted In: UK - Non EU, UK- EU

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Share this article: Facebooktwitterredditpinterestlinkedinmail 16 June 2021

Michael Gasiorek is Professor of Economics and Director of the UK Trade Policy Observatory at the University of Sussex. Guillermo Larbalestier is Research Assistant in International Trade at the University of Sussex and Fellow of the UKTPO.

Indications of a trade deal between the UK and Australia first surfaced soon after the Brexit referendum. This week it was announced that the two nations had agreed on the broad terms of the deal. The news was accompanied by images of PM Boris Johnson and his Australian counterpart, Scott Morrison, bumping elbows (the new handshake, if you will) and exchanging chocolate bars over baskets of British and Australian products.

The deal has significance for several reasons. First, it is the first trade deal outside the EU that was designed from scratch. So far, UK trade agreements with other non-EU countries have been “continuity agreements” that were almost entirely based on pre-existing deals between the EU and the other nations (we include UK-Japan as de facto in this category). Secondly, it signifies the UK’s continued commitment to liberalising and opening trade, particularly with those countries with shared values, as part of its post-Brexit and Global Britain campaign. (more…)

June 16th, 2021

Posted In: UK - Non EU

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Share this article: FacebooktwitterredditpinterestlinkedinmailErika Szyszczak31 March 2021

Erika Szyszczak is Professor Emerita and a Fellow of the UKTPO.

Trade has become a new tool of political and economic warfare.  Recent years have seen a rise in threats and the disruptive use of use tariffs, export and import bans to further political aims by the two economic superpowers, the US and China. Other countries wishing to assert greater political influence, such as Russia or Turkey, have joined the fray. Although the disputes are characterized as being between States, the real impact of trade wars is felt by businesses, workers, consumers and ordinary citizens. The impact is felt in the COVID-19 pandemic, where critical supplies of medical products or Personal Protective Equipment are essential in a health emergency. (more…)

March 31st, 2021

Posted In: UK - Non EU, UK- EU

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Share this article: Facebooktwitterredditpinterestlinkedinmail22 October 2020

Dr Minako Morita-Jaeger, International Trade Policy Consultant and Fellow, UK Trade Policy Observatory at the University of Sussex.

The Japan-UK Free Trade Agreement will be signed soon, the UK’s first post-Brexit trade agreement. While the Agreement has a certain political significance, its economic impact is likely to be very small. This is because it contains very limited improvements relative to the EU-Japan Economic Partnership Agreement (EPA). While a detailed examination will only become possible once the text is put on the public domain, one of the key shortfalls in the agreement appears to be the treatment of investment. (more…)

October 22nd, 2020

Posted In: UK - Non EU

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Share this article: Facebooktwitterredditpinterestlinkedinmail8 July 2020

Dr Minako Morita-Jaeger, International Trade Policy Consultant and Fellow, UK Trade Policy Observatory at the University of Sussex.

Japan and the UK launched the Japan-UK Free Trade Agreement (FTA) negotiation on 9th June. The two governments agreed to “work quickly to make the new partnership as ambitious, high standard, and mutually beneficial as the EU-Japan Economic Partnership Agreement”.[1] As negotiations accelerate, there are three fundamental issues to consider when assessing the deal. (more…)

July 8th, 2020

Posted In: UK - Non EU, UK- EU

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