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).

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.

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.

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.

Since the UK formally left the EU two weeks ago, the two sides have been gearing up for negotiations on the future relationship. The EU is still finalising its mandate, with the European Parliament and member states pushing for a tougher stance than the European Commission’s draft. The Prime Minister set out the UK’s position in his Greenwich speech earlier this mont

Net Assessment is a tremendous opportunity for a strategic renaissance – we must get it right from the beginning