Britain In The World

A Policy Exchange Project

The UK’s bid to join CPTPP is generating momentum

Away from the fraught endgame of the Brexit negotiations, there has been positive news in UK trade in the last few weeks. International Trade Secretary Liz Truss added to the growing portfolio of UK trade agreements by securing a deal with Mexico on 15 December, following similar deals with Singapore and Vietnam last week.

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RCEP: what the new trade bloc means for the Indo-Pacific and the UK

Policy Exchange’s Indo-Pacific Commission published its interim report on 22 November, arguing that the Indo-Pacific is the most important region for expanding UK trade after Brexit. This comes shortly after the recent agreement between fifteen countries in the region to form the Regional Comprehensive Economic Partnership (RCEP) – the world’s largest trade bloc when measured by population and GDP. So what is RCEP, and what does the new bloc mean for the Indo-Pacific region and the UK’s strategic approach to it?

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What the UK-Japan trade deal signifies

The Department for International Trade (DIT) has announced that the UK has concluded a historic new free trade agreement with Japan, the UK’s first major trade deal post-Brexit. The agreement is an important step towards the UK’s ambition to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

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Farming is key to a UK-US trade deal, whoever is president

Later this month, the UK and the US will conduct the third round of talks on a new trade agreement. The successful conclusion of a deal with the US will be challenging but would provide a major strategic prize for the UK, as I explain in a new report for Policy Exchange released today, “The art of a UK-US trade deal”. The paper looks at the challenges and opportunities facing negotiators over the coming months.

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Policy Exchange

The art of a US-UK trade deal

Later this month, the UK and the US will conduct the third round of talks on a new trade agreement. The successful conclusion of a deal with the US will be challenging but would provide a major strategic prize for the UK. In a new report for Policy Exchange released today, “The art of a UK-US trade deal”, we examine the challenges and opportunities facing negotiators.

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Ireland

What the Government’s Command Paper on Northern Ireland means

The Government this week published a Command Paper, setting out its approach to implementing the Northern Ireland Protocol in the UK-EU Withdrawal Agreement.

The Protocol gives Northern Ireland a special economic status – within the UK’s customs territory, but in regulatory alignment with the EU single market for goods. The Protocol also requires provisions to be put in place to ensure that goods “at risk” of entering the EU single market via the land border with the Republic of Ireland are subject to the correct checks and controls. The continuation of the Protocol is subject to the ongoing consent of the Northern Ireland Assembly after four years.

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