The UK has now rolled over, in full or in part, 16 of the EU’s 40 FTAs, representing 72% of the trade value within those agreements – see below. South Korea is the third most valuable of these rolled-over FTAs, after the agreements with Switzerland and with Iceland and Norway. …
UK WTO & 3rd countries
Lords raise concerns over lacunae in Korea FTA rollover
The United Kingdom’s ‘rollover’ trade agreement with South Korea offers a measure of continuity for UK and Korean traders in the event of a no-deal Brexit. But the deal, concluded last June, does not roll over all aspects of the EU-Korea FTA to apply to the UK – and it …
UK plans unilateral preference extensions for African countries under ‘no deal’ Brexit
John Alty, a Department for International Trade senior official, announced that the British government would shortly adopt “transitional measures” to secure preferential access to the United Kingdom’s market for Kenya, Ghana, Cote d’Ivoire and Cameroon in the event of a no-deal Brexit. These are countries with which the UK has …
UK trade secretary Liz Truss sets out long term trade goals in first Commons appearance
The United Kingdom is to launch a public consultation as from January next year on its longer-term trade strategy, international trade secretary Liz Truss announced today. The consultation will focus not just on future strategy relating to free trade agreements with the United States and other trading partners but would …
Britain’s EU trade agreement rollovers top £100 billion mark with Tunisia deal
The UK has passed a new landmark in its quest to rollover the EU’s free trade agreements to apply to British trade after Brexit, with the conclusion of a new continuity agreement with Tunisia. The agreement, signed in London on Friday, represents the first rollover agreement to be concluded with …
UK and Japan roll over EU conformity assessment agreement
The United Kingdom has added Japan to the list of countries with which it is targeting a bilateral free trade agreement as soon as possible after Brexit. During a visit to Japan this week, International Trade Secretary Liz Truss announced the immediate launch of a “call for input” from businesses …
Britain secures product origin cumulation in Southern African pact rollover
The United Kingdom has taken a further step towards securing some measure of trade continuity post-Brexit with the conclusion of a ‘rollover’ trade deal with the countries of Southern Africa. The new deal, approved by the governments involved on Tuesday, will mean that the key trade provisions of the EU’s …
UK trade policy fog thickens amidst heightened political uncertainty
Confusion and uncertainty over the United Kingdom’s future trade policy, in both the short- and long-term, remains as high as ever following a tumultuous day in the parliament. Members of the British parliament voted by a majority of 27 to allow a motion to be tabled today (4 September 2019) …
Blog: Three reasons why a US-UK deal won’t just be round the corner after Brexit
The United Kingdom’s new Brexit and related post-Brexit trade strategy has radicalised since Boris Johnson took over the country’s premiership this summer. The goal is to be outside the European Union on 1 November at any cost – including by superseding parliament — and to accelerate trade negotiations with Britain’s …
Week in Brussels: The French, CETA and Mercosur, treating UK as EU, recess reminder
Dear readers, this is the last Week in Brussels column before our summer recess. The next Week in Brussels column will appear on 30 August 2019. We will publish very sparingly over the next two weeks due to the general recess period in relevant European and international trade institutions. Here …
