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Brexit and International Trade: The Aspiration of Global Britain

Collins, D. A. ORCID: 0000-0002-5517-6949 (2019). Brexit and International Trade: The Aspiration of Global Britain. In: Fahey, E. ORCID: 0000-0003-2603-5300 & Ahmed, T. ORCID: 0000-0002-4990-5631 (Eds.), On Brexit: Law Justices and Injustices. (pp. 238-252). Cheltenham: Edward Elgar.

Abstract

This chapter examines some of the important legal issues surrounding the UK’s trade relationship with the EU and the rest of the world post-Brexit. Dealing first with the problematic Withdrawal Agreement, the chapter considers difficulties associated with the Irish border, solutions to which could create challenges with respect to the UK’s standing in the World Trade Organization. It then explores the implications of exiting the EU without a formal trade agreement under which trade between the two will take place on WTO terms. From there the chapter suggests that a conventional Free Trade Agreement could resolve many of the ongoing difficulties in trade negotiations, with an interim agreement feasible in a short time. The UK’s future trading strategy with the rest of the world is then discussed, concluding by drawing attention to some of the economic problems which may be presented by adopting a more open approach to trade outside of the EU.

Publication Type: Book Section
Additional Information: This is a draft chapter/article. The final version is available in On Brexit: Law Justices and Injustices edited by Tawhida Ahmed and Elaine Fahey, published in 2019, Edward Elgar Publishing Ltd https://doi.org/10.4337/9781789903010
Subjects: H Social Sciences > HF Commerce
J Political Science > JN Political institutions (Europe)
K Law > K Law (General)
K Law > KD England and Wales
Departments: The City Law School > Academic Programmes
The City Law School > International Law and Affairs Group
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