Briefing Paper 5 – UK-EU TRADE RELATIONS POST BREXIT: TOO MANY RED LINES?

Written by: Michael Gasiorek, Peter Holmes, Jim Rollo

Published On: 1 November 2016Tags:

This briefing paper provides an evaluation of the feasibility of different options for post-Brexit trade relations. With the EU accounting for close to 50% of the UK’s imports and exports of goods and services, the focus in this paper is on the UK’s future trading relations with the EU itself. Whilst all of the options listed in this paper are problematic, the aim is to examine the limitations of what may be feasible and – in so doing – to suggest a way, or ways, forward. Given that the UK’s objectives take the form of seeking to impose certain constraints on the post-Brexit outcome, we look at the extent to which each option is consistent with these ‘red lines’.

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