Work on future trade policy in the Department for International Trade in London appears to have geared up in recent months, shortly after the arrival of Crawford Falconer as new permanent secretary in charge of overseeing trade negotiations at the end of the summer 2017. A hearing in the House …
UK WTO & 3rd countries
EU and UK kick off WTO separation process
Britain and the European Union have formally notified their intention to table proposals at the World Trade Organization in view of establishing an independent schedule of commitments for the United Kingdom as the country prepares to leave the EU by March 2019. A joint letter to the world trade …
British government releases post-Brexit trade policy strategy paper
The Department for International Trade released its first formal trade policy strategy for a Britain leaving the European Union. With this document, entitled Preparing for our future UK trade policy, for the first time in its one-year existence the department formally sets out the direction in which it intends to …
UK – US : Fox promises Washington stability and certainty
UK trade secretary Liam Fox is in the United States for two days of talks with US counterparts as part of a recently established US-UK trade and investment working group. Fox will further travel to Mexico. Fox is on a mission to reassure its partners that Britain will deliver stability …
Brexit: UK announces roll-over of EU poorest country trade preferences
On Saturday (24 June 2017), the British government announced its intention to maintain current trade preferences granted by the European Union to developing countries after it leaves the bloc. The Department for International Trade’s announcement remains very general in nature. It announces the continuation of the “Everything but Arms’ …
Brexit: new world for wines?
The British wine industry is not happy about the effects of Brexit on their trade. But longer term, prospects for British consumers could improve. “It’s a bit gloomy”, said Jancis Robinson, a leading British wine writer and Financial Times columnist. The British public will have to “drink less, and less …
African Caribbean Pacific group fears consequences of EPAs, Brexit
ACP countries met in Brussels this week to discuss ways to better coordinate their coming relationships with the European Union. Signs are the disparate group of 79 countries – all former colonies of EU member states – has found some common ground as a successor agreement to the 2020 Cotonou …
Blog – WTO report: Brexit casts shadow on trade
The World Trade Organisation released its annual bout of trade statistics and forecasts today. Clearly, the data show that the global slump in trade growth persists, despite prospects for a mild recovery. World trade posted a 1.3 percent expansion in 2016, lower than the 1.7 percent forecast by the …
Fact check: Is there a need for a UK WTO ‘Plan B’ deal?
There have been media reports that the UK is exploring whether it can have a transition deal with the EU under the WTO to avoid a disruption in trade before a new trading arrangement with the EU – presumably a free trade agreement – is in place. It’s been called a …
Comment: On the meaning of the UK hosted Commonwealth trade minister meeting
The decision by the United Kingdom to host the first Commonwealth trade minister’s meeting in London on 9 & 10 March certainly smacks of imperial nostalgia. But Iana Dreyer takes a more sanguine view of a meeting that will help simplify the UK’s trade diplomacy post Brexit. The United …