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Business Secretary Greg Clark said the U.K. isn’t likely to reach agreements with Japan and South Korea to roll over existing trade deals before Britain’s scheduled departure from the European Union on March 29.
Japan-EU EPA won't apply to U.K. under no-deal Brexit; EU expects May to request three-month delay
22/02/2019
Prime Minister Shinzo Abe and his British counterpart, Theresa May, last month agreed to conclude a free trade agreement between their countries, based on the assumption that the U.K. will leave the EU with a deal.
A no-deal Brexit will mean the UK trading under World Trade Organisation rules with some countries, including Japan and Turkey.
In conversation with Sir Ivan Rogers
04/03/2019
The Institute for Government was pleased to welcome Sir Ivan Rogers, former UK Permanent Representative to the EU... The UK wants an ambitious future arrangement covering trade, cooperation in foreign and security policy, data exchange and more. But negotiations on the future relationship will be much more complex than those on the withdrawal...
The Department for International Trade (DIT) intends to cut 80-90% of all tariffs imposed on goods imported into Britain, according to Whitehall sources.
The UK risks "crashing out" of 40 trade agreements spanning five continents in the event of a no-deal Brexit, a business organisation has warned.
UK plan to trade with Commonwealth nations after Brexit is 'utter b**locks', former Australian PM says
12/03/2019
'For Britain’s economic self-interest, as well as the wider political interests of the western community of nations, Britain should remain in the EU', Kevin Rudd argues
EU parliament votes against opening US trade talks amid fears over 'bullying' Trump policies
14/03/2019
The European Parliament has voted against opening trade talks between the EU and the United States amid fears over Donald Trump‘s trade and environmental policies.
First Minister Nicola Sturgeon has today written to the Prime Minister about the role of the devolved administrations in talks on the future trade relationship between the United Kingdom and the European Union.
Brexit trade deals will be worse than current EU deals, says Liam Fox's former trade chief
24/03/2019
Countries are likely to offer the United Kingdom worse trade deals than it currently enjoys as a member of the European Union, the former head of Liam Fox's International Trade Department has told Business Insider.
The reality of Britain's role in the global trading system after Brexit remains deeply uncertain
29/03/2019
Continuity agreements are in place with a small number of countries but replicating the arrangements that Britain currently benefits from will be the overriding priority throughout the transition period - if there is one - and beyond.
The EU and Japan's Economic Partnership Agreement entered into force on 1 February 2019.
A comprehensive and impartial assessment of the implications of Brexit for economic activity in the UK and the rest of the world.
No Wonder Donald Trump Loves Brexit So Much
03/06/2019
The U.S. wants to move the U.K. away from the EU’s set of trade rules and regulations toward the American one. Farage and Johnson are easy prey.
Politicians have been bickering about Brexit for the past two years, but everything that has happened so far is just figuring out how we leave the EU - we still have to sort out what kind of relationship we have once we have actually left.
UK-South Korea trade deal: Two experts reveal how Britain’s post-Brexit arrangements are actually going
10/06/2019
Trade experts have welcomed the announcement that the UK and South Korea have signed an in principle post-Brexit trade deal. / However they have warned there is still work to be done to ensure international business continues seamlessly after Brexit, with only 12 of the 40 EU free trade agreements (FTAs) secured for the UK so far.
It has been described as “the most ambitious” and progressive trade deal ever signed by the EU, but what does CETA do? The historic agreement was signed into law in September 2017 by the EU and Canada, after years of negotiation and a protest campaign.
The South American customs pact Mercosur and the EU are “very close” to a far-reaching free trade accord, Brazil’s foreign minister said, a deal that would serve as a powerful counterpoint to growing tensions in global trade.
Brexit vs Global Britain
18/06/2019
After a question about Brexit, trade and the Irish border, Boris Johnson says there wouldn't be tariffs with the EU because the UK could rely on GATT 24 allowing tariff free trade. That's wrong - both sides need to agree a trade deal first.
Increasingly, doing business with China involves a certain loss of sovereign power. / No matter how appealing a trade deal between Britain and China, it comes with costs. For a start, greater trade with China invariably means larger trade deficits.
Beijing has made it clear that it would welcome an FTA with the UK with “open arms” and has stated that it would make a “top notch” deal. However, other influences will come into play to negate that, a point little understood by many UK-China analysts.
Our analysis indicates that a UK-China FTA will be neither easy nor clearly advanta-geous for the UK.