Northern Ireland Protocol Bill: is it all just a ploy?
14 June 2022
Mattia Di Ubaldo is a Fellow of the UK Trade Policy Observatory and a Research Fellow in Economics at the University of Sussex Business School. Michael Gasiorek is Director of the UK Trade Policy Observatory and Professor of Economics at the University of Sussex Business School.
The UK Government has published its bill on the Northern Ireland Protocol (NIP), making a clear move to try to force changes in the arrangements disciplining the economic regime applying to the portion of the UK that has remained in the EU Single Market post-Brexit. The points of strongest contention between the UK Government and the EU concern the custom and regulatory checks applying to trade flowing from Great Britain to Northern Ireland together with a list of additional issues resulting from Northern Ireland remaining part of the EU Single Market territory: the regulatory regime applying to firms in Northern Ireland, rules on VAT, the use of state subsidies, and the role of the European Court of Justice in overseeing the NIP. […]
Six Practical Steps to Strengthen Parliamentary Scrutiny of UK Trade Agreements
Trade and Public Policy (TaPP) Network [1]
13 June 2022 [2]
Free trade agreements (FTAs) cover the liberalisation of goods, services, and investment and can have substantial and long-term implications for many areas of public policy, from the environment to public health, from industrial strategy to farming practices. In the UK, parliamentary scrutiny plays an important role in holding the Government to account and ensuring that UK FTAs reflect the public interest, from negotiations to signature, and later, implementation. This blog highlights six ways to further strengthen the process. […]
Northern Ireland trade patterns and the row over the Protocol
31 May 2022
Ruby Acquah and Mattia Di Ubaldo are Fellows of the UK Trade Policy Observatory and Research Fellows in Economics at the University of Sussex Business School
Tensions over the Northern Ireland Protocol (NIP) have intensified as the UK Government (henceforth HMG) announced plans to introduce legislation that would enable it to disapply parts of the Protocol. The UK has often demanded the re-negotiation of the NIP due to its economic costs, and a too strict application by the EU. Recently, Assembly elections in Northern Ireland escalated the urgency of resolving the issue, as the Democratic Unionist Party (DUP) is currently refusing, as part of its protest against the NIP, to participate in the power-sharing executive. […]
What is the way ahead for a UK-India Free Trade Agreement?
25 May 2022
Amrita Saha is a Research Fellow at the Institute for Development Studies affiliated with the University of Sussex and Mattia Di Ubaldo is a Fellow of the UK Trade Policy Observatory and Research Fellow in Economics at the University of Sussex Business School.[1]
The third round of negotiations for the proposed UK-India Free Trade Agreement (FTA) were concluded in New Delhi on May 6, with news that a deal could be reached by the end of the year. Yet, there are diverse interests on both sides, so any deal would be hard negotiated. We reflect on the current UK-India trade relationship, the state of play of negotiations, and what businesses on both sides hope the FTA will deliver. […]
What we can do to fix Brexit and the Irish Border crisis
23 May 2022
Peter Holmes is a Fellow of the UK Trade Policy Observatory and Emeritus Reader in Economics at the University of Sussex Business School
UK trade with Europe has significantly fallen off (see UKTPO BP 63 for an early assessment). UK GDP has fallen by 4%. If we cancel the Northern Ireland Protocol (NIP) – which is all the talk at the moment – the economic consequences of Brexit will get worse and let’s not even think about the political consequences. Is any of this fixable? Yes, if we look ahead to 2025 when the Brexit agreement with the EU—formally known as the EU-UK Trade and Cooperation Agreement (TCA) —is up for its 5-yearly review. UK stakeholders, including political parties planning their manifestoes ahead of the next UK general election in 2024, should consider their Brexit positions now – but it’s not a case of leave or remain, rather a case of ‘tweak the Brexit agreement to something that better suits us’. […]
Cutting tariffs on food products: why bother?
6 May 2022
L. Alan Winters is Professor of Economics at University of Sussex Business School and Founding Director of the UK Trade Policy Observatory and Guillermo Larbalestier is Research Assistant in International Trade at the University of Sussex and Fellow of the UKTPO.
The concept is simple: cut tariffs levied on food imports so the products become cheaper in the UK, right? In this blog, we look at the trade data and discuss the reasons why changing tariffs would hardly affect prices.[1]
- Only a small proportion of imports pay tariffs.
In 2021, the UK imported £38.6 billion of food products[2] (equivalent to 7.6% of the UK’s total imports that year and about 46% of UK food consumption). Approximately 66% come from the EU and are already exempt from tariffs under the EU-UK Trade and Cooperation Agreement (TCA).[3] […]
What a digital divide and divergence of data governance in the Asia-Pacific mean for the UK
4 May 2022
Minako Morita-Jaeger is Policy Research Fellow at the UK Trade Policy Observatory and
Senior Research Fellow in International Trade in the Department of Economics, University of Sussex
The UK Government is aiming to secure the UK’s status as “a global hub” of digital trade, using Free Trade Agreements (FTAs) as well as digital economy agreements. Driven by the UK’s Indo-Pacific tilt strategy, the UK has been signing FTAs that include specific chapters/agreements on digital trade (such as with Australia, New Zealand, and Japan) and a digital economy agreement with Singapore. […]
Briefing Paper 67 – SUPPLY CHAIN RESILIENCE: THE DANGERS OF ‘PICK N MIX’
Despite the positive narrative around the growth in global supply chains, we currently see considerable discussion and growing concern over the issue of ‘supply chain resilience’. This Briefing Paper analyses the rationale behind greater supply chain resilience and sustainability and the policies being used to address vulnerability in certain supply chains. The author finds that policy responses do not always concern supply chain resilience and in many cases they may have been designed more to protect domestic producers. To negate the risk that supply chain resilience is used as a get-out clause for a wide range of industrial policy interventions. This Briefing Paper suggests a taxonomy for understanding different possible legitimate reasons for being concerned about supply chains and provides ten ways more international coordination could be achieved.
Read Briefing Paper 67: Supply Chain Resilience: The dangers of ‘pick n mix’
Russian MFN suspension: Implications for UK trade
11 March 2022
Michael Gasiorek is Director of the UK Trade Policy Observatory and Professor of Economics at the University of Sussex Business School
President Biden announced today that the US, the EU, and the G7 countries (which includes the UK) will be suspending Russia’s Most Favoured Nation (MFN) status at the World Trade Organization (WTO). In this blog we look at what this actually means for the UK and what the potential trade implications are for the UK. […]
Finding the benefits of Brexit: food law and the UK’s emerging regulatory identity
10 March 2022
Emily Lydgate is Senior Lecturer in Law at the University of Sussex and Chloe Anthony is a Doctoral Researcher and Tutor at the University of Sussex Law School
From chlorinated chicken to sausage wars, food law has been highly contested in defining the UK’s post-Brexit direction. Not only is it seen as vulnerable to deregulation through trade agreements, the UK has faced new trade barriers with the EU and between Great Britain and Northern Ireland. These have concerned regulatory issues and have had an enormous impact on food trade. While much attention has rightly focused on Northern Ireland, departure from the EU’s regulatory union has provided a steep challenge in the rest of Great Britain, too. Food law is a devolved matter and Scotland has passed legislation setting out its intent to continue aligning with EU law, including for food law. […]