UK–EU trade relations post Brexit: binding constraints and impossible solutions
Briefing Paper 17 – March 2018 Download Briefing Paper Michael Gasiorek Key points Setting the scene How might it be possible to square the circle? Route 1 Route 2 Ways forward? Key points The UK Government’s stated objectives include independence with regard to trade policy, regulatory policy and migration, as well as no hard border in Ireland. The latter is also a condition for the EU. In addition, the UK government seeks to maintain as much access to the Single Market as possible, while leaving the Single Market. These conditions cannot all be reconciled. All EU agreements are different and hence by definition bespoke. This will also be true of a future UK-EU agreement. The issues are over what is to be included and excluded, and how many of the above conditions the UK government will be forced to drop and/or relax. There is a real and manifest difference in the desirability of the UK remaining part of the current EU Customs Union, and signing a new comprehensive customs union with the EU. The latter option is far less desirable unless it has equivalent effect bilaterally. A key issue is the border between Ireland and Northern Ireland. Any [...]
