Eurosceptic MEP David Campbell Bannerman celebrating CETA in the European Parliament 15-16 February 2017 Wariness about its own future in CETA has replaced Theresa May’s government’s initial enthusiastic embrace the EU’s new trade pact with Canada, Iana Dreyer writes. When the European Parliament ratified the EU-Canada trade agreement …
UK WTO & 3rd countries
Fox promises “no turbulence and no vacuum” as UK eyes EU customs union exit
Secretary of State for International trade Liam Fox has promised members of parliament a smooth transition for the United Kingdom’s trading relationships, despite political pressure from the EU to find a full new arrangement with the bloc within two years, and to completely leave the customs union. The UK …
Brexit trade update – US, Turkey, WTO, New Zealand
Post-Brexit trade agreements will not come along so quickly for Britain. But the country is slowly getting prepared for its post-Brexit trading relationships. A round-up of recent trade and Brexit related developments. The touting of future ‘trade deals’ made ahead of Prime Minister Theresa May’s state visit to the United States …
UK Prime Minister May seeks free trade pact with EU outside Single Market
Britain’s Prime Minister Theresa May has set out the key negotiating objectives of her government in a strongly anticipated speech in London today (17 January 2017), as it finalises preparations to take the country out of the EU. It is now official: Britain is heading out of the Single …
Data, labour mobility and innovation at heart of TABC concerns over Brexit
The Trans-Atlantic Business Council has released its member’s views on what they want to see preserved once the United Kingdom leaves the EU, a process which is expected to start in the spring 2017. The business group highlights issues related to the knowledge economy: labour mobility, data, and research and innovation. …
Brexit: US Chamber tells UK to stay as close as possible to EU market
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 …
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 …
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 …