The Trade and Cooperation Agreement (TCA) between the UK and the EU came into force on the 1st January 2021. This Briefing Paper considers the governance, subsidies and the level playing field provisions. The analysis reveals that much of the area lies outside the normal dispute settlement procedure and in some cases bespoke procedures replace or supplement it.  There are some innovative clauses concerning procedures to deal with imbalances arising from future labour and environmental policies, and the potential for review of the balance of the entire trade heading,  but these are quite unknown quantities and have the capacity to create perpetual wrangling and bad feeling between the UK and the EU.

Read Briefing Paper 54: TAKING STOCK OF THE UK-EU TRADE AND COOPERATION AGREEMENT: GOVERNANCE, STATE SUBSIDIES AND THE LEVEL PLAYING FIELD