Tag Archives: Trade

Brexit and Devolution

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© Ross Strachan. Licensed for reuse under this Creative Commons Licence.

The House of Lords European Union Committee has today published a report looking at the technically complex and politically contentious impact of Brexit on the UK’s devolution settlements and to the fundamental constitutional challenges presented to the United Kingdom as a whole.

 “the devolution settlements are built upon UK membership of the EU.

Brexit will remove one of the foundations of the devolution settlements, with potentially destabilising consequences”. (Para. 2)

The report considers whether Scotland could have different Brexit arrangements from the rest of the UK in some areas; the need to protect the Welsh agricultural and manufacturing sector and the distinctive geographical and political issues that Brexit presents to Northern Ireland.

The full report is available here.

 

Article 50 negotiations: Implications of ‘no deal’ – Report

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© Simon & His Camera. Licensed for reuse under this Creative Commons Licence.

The European Union (Notification of Withdrawal) Bill has now completed its passage through both Houses of Parliament and, under Article 50(2) of the Treaty on European Union, gives the Prime Minister the power to notify the European Council of the UK’s intention to withdraw from the EU.  With Article 50, likely to be triggered by the end of the month, allowing negotiations to start, this report by the Foreign Affairs Committee of the House of Commons looks at what would happen in the event of no deal being reached.

Some of the implications discussed in the report are:

  • Disputes over the cost of exiting the EU
  •  Uncertainty for EU citizens in the UK and UK citizens in the EU
  • Trading on World Trade Organisation terms
  • The ‘regulatory gap’ and the limitations of the Great Repeal Bill
  • Uncertainty for UK participation in the EU’s common foreign and security policy
  • The sudden return of a ‘hard’ customs border between Northern Ireland and the Republic of Ireland

The full report is available here

More information about the European Union (Notification of Withdrawal) Bill is available here.

 

UK trade options after Brexit

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© John Fielding. Licensed for reuse under this Creative Commons Licence.

The International Trade Committee‘s first report UK Trade Options Beyond 2019 identifies and examines possible models for  the UK to conduct international trade after it leaves the European Union. It details various options and looks at the issues the Government would need to resolve in each scenario.

Topics considered are:

  • Re-joining EFTA
  • Free Trade Agreement with the EU
  • World Trade Organization rules
  • Free Trade Agreements with the rest of the world
  • Establishing the UK’s position at the WTO

The report summary is available here.