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 now
Anything not agreed will be traded on WTO terms, meaning new trade barriers
https://twitter.com/CoppetainPU/status/1265641712225001472?s=20
1/5">https://twitter.com/Coppetain...
REMINDER—For trade, these talks are about where to raise new barriers on UK-EU trade where none exist now
Anything not agreed will be traded on WTO terms, meaning new trade barriers
https://twitter.com/CoppetainPU/status/1265641712225001472?s=20
1/5">https://twitter.com/Coppetain...
Whatever the outcome, *SOME* UK-EU trade will be on WTO terms —> new trade barriers in those areas
If no deal, then *ALL* UK-EU trade will be on WTO terms —> new barriers on *ALL* UK-EU trade
2/5
If no deal, then *ALL* UK-EU trade will be on WTO terms —> new barriers on *ALL* UK-EU trade
2/5
Details here:
Summary: https://tradebetablog.wordpress.com/2020/05/27/summary-wto-terms-brexit/
Part">https://tradebetablog.wordpress.com/2020/05/2... 1 WTO terms: https://tradebetablog.wordpress.com/2020/05/27/wto-terms-part-1-meaning/
Part">https://tradebetablog.wordpress.com/2020/05/2... 2 Goods: https://tradebetablog.wordpress.com/2020/05/27/wto-terms-part-2-goods/
Part">https://tradebetablog.wordpress.com/2020/05/2... 3 Services and more: https://tradebetablog.wordpress.com/2020/05/27/wto-terms-part-3-services/
3/5">https://tradebetablog.wordpress.com/2020/05/2...
Summary: https://tradebetablog.wordpress.com/2020/05/27/summary-wto-terms-brexit/
Part">https://tradebetablog.wordpress.com/2020/05/2... 1 WTO terms: https://tradebetablog.wordpress.com/2020/05/27/wto-terms-part-1-meaning/
Part">https://tradebetablog.wordpress.com/2020/05/2... 2 Goods: https://tradebetablog.wordpress.com/2020/05/27/wto-terms-part-2-goods/
Part">https://tradebetablog.wordpress.com/2020/05/2... 3 Services and more: https://tradebetablog.wordpress.com/2020/05/27/wto-terms-part-3-services/
3/5">https://tradebetablog.wordpress.com/2020/05/2...
See this thread from @Usherwood on areas of agreement and disagreement
https://twitter.com/Usherwood/status/1267329935309488128?s=20
4/5">https://twitter.com/Usherwood...
https://twitter.com/Usherwood/status/1267329935309488128?s=20
4/5">https://twitter.com/Usherwood...
Here’s the agenda for this week’s round. Trade is on Wednesday and Thursday: https://ec.europa.eu/info/european-union-and-united-kingdom-forging-new-partnership/future-partnership/negotiation-rounds-future-partnership-between-european-union-and-united-kingdom_en">https://ec.europa.eu/info/euro...
Is there enough time to cover everything? Imagine how long would be needed if they decided to negotiate tariffs on products individually!
5/5
Is there enough time to cover everything? Imagine how long would be needed if they decided to negotiate tariffs on products individually!
5/5