UK trade policy and Brexit

Author: Iain McIver, Anouk Berthier and Professor Ian Wooton

PDF Published: Wednesday 07 Mar 2018 (SB 18-17)

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Overview
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Overview
Report
- Executive Summary
- Glossary
- Context
- The UK's current trading relationship with the EU
  - The EU Customs Union
  - The Single Market
  - The UK and Scotland's current international trade flows
- The international trade landscape
- The European Union's existing trade agreements
- Case studies of EU trade agreements
  - Case Study - the Free Trade Agreement with South Korea
  - Case Study - EU-Ukraine Association Agreement and Deep and Comprehensive Free Trade Area (DCFTA)
- Could the EU's trade agreements with third countries continue to apply to the UK during the transition period?
- Can the EU's trade agreements with non-EU states continue to apply to the UK following Brexit and the transition?
  - Grandfathering trade agreements
    
    Rules of Origin
    
    Most Favoured Nation clauses
    
    Mutual recognition of standards
    
    Tariff rate quotas
- The new trade agreement with the EU
- "WTO rules" scenario
- New trade deals
- Unilateral free trade?
Sources

Image: Figure 1: Scottish international exports by region, 2016

Image: Figure 2: UK international exports by region, 2016

Image: Figure 3: Relative importance of sectoral exports to the EU for both Scotland and the UK, 2016

Image: Figure 1: The state of EU trade in 2017

Image: Figure 2: Future relationship between the EU and the UK after Brexit

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Last Updated: 7/7 10:07pm

Image: Figure 1: Scottish international exports by region, 2016

Image: Figure 2: UK international exports by region, 2016

Image: Figure 3: Relative importance of sectoral exports to the EU for both Scotland and the UK, 2016

Image: Figure 1: The state of EU trade in 2017

Image: Figure 2: Future relationship between the EU and the UK after Brexit

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