The US Chamber of Commerce, the Untited States’ biggest business organisation, has set out how it sees the UK’s exit from the EU. And it has not minced its words. “US firms’ investments in Britain are worth nearly US $ 590 billion, employing roughly 1.2 million Britons directly and …
UK trade policy
Brexit: UK-China FTA could threaten German, Slovakian car industry – study
A new study by the think tank Bruegel believes that, should the UK sign a free trade agreement with China, its car industry could gain a significant advantage over its EU based competitors – especially in Germany and Slovakia. The more so if the UK stays in the single market after …
UK heading out of Single Market
We still don’t know much about what the shape the United Kingdom’s planned exit from the EU will take. But we start knowing clearly in which direction London intends to head. Theresa May’s speech at the Conservative Party Convention on Sunday (2 October 2016) indicates that hardline advocates for leaving …
In Brief. UK trade minister: Britain to keep EU schedules in WTO
If Liam Fox holds sway in the debate in Westminster about how to organise the United Kingdom’s coming exit from the European Union and its future trade relationships with the rest of the world, we now at least know he knows this involves clarifying matters with the WTO. Since Theresa May’s government took …
In brief: UK Australia FTA working group
Australians do master the art of trade diplomacy. The government of Australia has clearly embraced post-Brexit UK and promised London there would be a bilateral free trade agreement between Australia and Britain. London is jubilating: yes we have friends! From Australia, no brashness like New Zealand PM John Key’s statement that the United …
Australia offers UK trade agreement and technical assistance
Australian Prime Minister Malcolm Turnbull confirmed that his country was keen on concluding a free trade agreement with the United Kingdom as quickly as possible after the latter leaves the EU. Both sides also confirmed Australia is providing technical assistance to Britain on trade negotiations. This coming week (5 …
Japan sets out post Brexit wish-list
The Japanese government very unhappy the United Kingdom for its decision to leave the European Union after last June’s referendum to that end. Tokyo has asked both parties to keep the UK’s economy as highly integrated as possible with the Single Market in their forthcoming Brexit negotiations. A frank and stern document released during the G20 summit in Hangzhou, China, …
In brief: This week’s Brexit update
The British government has started working on its self-appointed task to leave the EU. Many have chided, mocked and criticised the government for having “no plan”. Now it is working on it. After a first cabinet meeting held by Theresa May on Wednesday, we start having some indications of where this …
Brexit: who will run key trade functions in Whitehall
This summer, the contours of the ministries who will run Britain’s process of leaving the EU – the Department for Exiting the European Union, and the country’s nascent trade policy, the Department for International Trade , have appeared, as senior management positions were filled. Below some people to watch who could end up havingt …
Michel Barnier to head Commission’s Brexit talks
Michel Barnier, the Frenchman who was EU Commissioner for services and the internal market, is expected to head the Commission’s ‘Taskforce for the Preparation and Conduct of the Negotiations with the United Kingdom under Article 50 of the TEU.’ Barnier failed in his bid to become President of the EU Commission …
