Peter Ungphakorn, Discover and Read the Best of Twitter Threads by @CoppetainPU

Peter Ungphakorn

CoppetainPU

#TradeNerdsCorner1. India has notified WTO members that it exceeded its trade-distorting subsidy entitlement for rice in marketing year 2019/20.https://docs.wto.org/dol2fe/Pages/SS/directdoc.aspx?filename=q:/G/AG/NIND25.pdf&Open=True1/4

1. EMPEROR’S NEW CLOTHES. The fantasy “Australia-style” trade relationship with the EU is in vogue again.Time for another look at what it means, and why the UK won’t have one.No

Interesting interview with @redsquaretim chair of the new UK Trade and Agriculture Commission on @BBCFarmingToday. He doesn’t expect the UK to lower its food standards, etc.(first part of this) https://www.bbc.co.uk/sounds/play/m000lf11Bu

First official nomination, on the first day of the nominations window.Mexico has nominated Jesús Seade Kuri for the post of WTO Director-General. Includes a link to his biohttps://www.wto.org/english/news_e/news20_e/dgsel_mex_08jun20_e.htm

THIS WEEK—The 4th round of UK-EU talks on the future relationship.REMINDER—For trade, these talks are about where to raise new barriers on UK-EU trade where none exist nowAnything not agreed

1/20—Another look at what UK-EU trade “on WTO terms” means.● It’s not just about “no deal”● The more the UK & EU trade on WTO terms, the more trade barriers

Taking this as inspiration, I'm searching (quick glance) for UK trade policy in the party manifestos.1. The LIBDEMS focus on protecting standards (eg, labour, environment, animal welfare) in trade

I've been looking at back-of-envelope numbers for the Tory manifesto's "aim" to have free trade deals cover 80% of UK trade within 3 years.It's an extremely ambitious call1. Total UK