It is important to first point out that the UK already has full control over immigration from outside the European Economic Area (EU member states, plus Norway, Iceland and Lichtenstein).
In the past, dispute resolution mechanisms in trade deals have been highly controversial, as they have sometimes allowed private companies to take governments to court. Dispute resolutions could be a sticking point in the Brexit negotiations too.
Non-tariff barriers can be more restrictive for trade than actual tariffs. During the second half of the 20th century, multilateral trade rounds dramatically reduced tariffs. In 1949, the US charged an average tariff of 33.9%. Today it is 3.5%. The EU’s is 5.3%, while China’s is 9.5%.
The possibility of a UK-EU association agreement after Brexit has been suggested. But what does that actually mean?
The 1972 European Communities Act was the piece of legislation that brought the UK into the Europe Union: it gives EU law supremacy over UK national law. A large amount of EU law effective in the UK currently relies on the 1972 Act.
How the European Union (EU) will organise itself for negotiations on the UK’s withdrawal from the EU.
At the Conservative Party Conference, Theresa May announced that her government would introduce a Great Repeal Bill to end the supremacy of EU law in the UK, a crucial part of leaving the European Union.
The difference between the four basic options for the UK’s trading relationship with the EU...
As it looks to negotiate new trade deals after Brexit, the Government must also consider the UK’s future trade defence policy.