International Trade

The Irish Backstop: Nothing has changed? It has actually

The UK Government is now correct in asserting the right, in extremis, to appeal to international law under the Vienna Convention.

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A Second Look

The UK’s legal position in relation to the backstop.

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Theresa May responds to Lord Bew’s Backstop paper

In a Q and A after her speech in Belfast on how Brexit will affect Northern Ireland, the Prime Minister was asked about Lord Bew’s recent Policy Exchange paper, The Backstop Paralysis: A Way Out. Specifically, did she agree with his assessment that the UK Government has not challenged the Irish Government’s narrative on the Good Friday Agreement being under threat.

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International Trade Secretary visits Policy Exchange for a keynote speech

Rt Hon Liam Fox MP, Secretary of State for International Trade, visited Policy Exchange to deliver a keynote speech on free trade and the UK’s place in the world after its departure from the EU.

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Strengthening the UK’s position on the Backstop

“The UK continues to be too timid” in its negotiations with the EU over the Backstop and its relationship to the 1998 Good Friday Agreement

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The ‘Backstop’ Paralysis: A Way Out

The Irish Backstop would “turn the Good Friday Agreement on its head”

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Latest International Trade Publications

Global Champion: The case for unilateral free trade

Global Champion: The case for unilateral free trade

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In a major new study, Policy Exchange argues that as the UK leaves the EU, it should unilaterally abolish all tariffs. This would reduce UK consumers’ shopping bills, increase productivity and promote global prosperity. We can also disarm the threat of a ‘No Deal’ Brexit. In the Foreword, Australian High Commissioner to London Alexander Downer said: “Trade is not a zero-sum equation. In the decades ahead all major economies should remove their tariffs and open their markets to competition. As the UK once again takes its place at the WTO it should take the opportunity lead by example and remove its tariffs.”

Global Britain, Global Solutions: How British R&D can transform international development

Global Britain, Global Solutions: How British R&D can transform international development

This new Policy Exchange report, published today — written by Economic and Social Policy Research Fellow, Jonathan Dupont — recommends that the UK should double the proportion of its international aid budget spent on research and development, in order to solve the most pressing global challenges and support the Government’s Industrial Strategy. George Freeman MP, Chair of the Conservative Policy Forum, has written a Foreword for the report.

After Brexit: Will Ireland be next to exit?

After Brexit: Will Ireland be next to exit?

In a flagship new report for Policy Exchange, former senior Irish Ambassador Ray Bassett argues that a failure to reach a benign compromise between the EU and the UK in Brexit negotiations risks seriously damaging the Irish economy. So far, the Irish Government has sided firmly with the EU27, but Bassett believes this may be a mistake given how intimately the Irish and British economies are connected. In the event of the UK leaving the Customs Union and the Single Market, Ireland may be forced to follow suit, potentially even seeking its own “Irexit”.

Latest International Trade Blogs

The return of the internationalists? Unpacking Labour’s position on foreign policy.

The return of the internationalists? Unpacking Labour’s position on foreign policy.

Last week, Chuka Umunna spoke to Chatham House in a much-needed intervention on the state of British foreign policy.

In recent years, the British foreign policy debate has not kept up with the pace of global political and economic change. For that reason alone, there was much to commend in Umunna’s sense of urgency. To adapt to the challenges of the twenty-first century, as he put it, “we need to look ahead and develop a proper national strategy on the basis of a clear understanding of what our interests are”.

The Realities of a US-UK Free Trade Agreement

The Realities of a US-UK Free Trade Agreement

In a piece first published by ConservativeHome, Geoff Raby, Policy Exchange’s Head of Trade Policy, contends that while ‘undoubtedly the UK and USA will be able to negotiate a post-Brexit high-quality FTA’, many ‘major unknowns’ remain as yet unresolved.

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