Joining CPTPP – The UK’s big dive into the Indo-Pacific

31 March 2023 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 On 31st March, the UK announced an agreement in principle to become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Politically, this is a positive step, especially as the Prime Minister can sell accession as a tangible achievement of the UK’s independent trade policy. But what is the real value of joining the CPTPP, and what are the key issues to examine? […]

By |2023-03-31T09:31:10+01:0031 March 2023|UK - Non EU|3 Comments

The UK in a World of Green Industrial Strategies

13 March 2023 Emily Lydgate is Reader (Senior Associate Professor) in Environmental Law at University of Sussex School of Law, Politics and Sociology and Deputy Director of the UK Trade Policy Observatory The UKTPO is pleased to re-publish this TaPP Network Workshop Summary, an output of a TaPP workshop in January with speakers Geraldo Vidigal (University of Amsterdam), Emily Lydgate (UKTPO/CITP), Ilaria Espa (USI/WTI), and Greg Messenger (TaPP/University of Bristol). Rather than a blog, this note summarises views of panel participants and the authors. It provides useful insights on the latest developments in this area and policy recommendations for the UK in navigating the new subsidies race between the US and the EU. […]

By |2023-03-13T14:23:37+00:0013 March 2023|Uncategorised|0 Comments

The EU’s proposed reforms to Trade and Sustainable Development chapters: a big change, or more of the same?

27 October 2022 Camille Vallier is a Fellow of the UK Trade Policy Observatory and Research Fellow in Trade and Sustainable Law at the School of Law, Politics and Sociology, University of Sussex. This blog was originally published by Trade 4 Sustainable Development. After having defended a sustainable development approach to trade based on cooperation and dialogue for the past decade, the European Union (EU) announced in June 2022 its intention to tighten its approach. The recent Communication “The power of trade partnership: together for green and just economic growth” presents the EU’s new strategy, which, among other measures, plans to extend the general state to state dispute settlement mechanism to the TSD chapter and to include the possibility of trade sanctions for non-compliance with certain provisions of the TSD chapter. These new measures have been adopted in response to a long-lasting observation that the current system does not enable a full and satisfying implementation and enforcement of sustainability provisions. […]

By |2022-10-27T16:38:40+01:0027 October 2022|UK- EU|1 Comment

New Government, new trade policy?

12 September 2022 Michael Gasiorek is Director of the UK Trade Policy Observatory and Co-Director of the Centre for Inclusive Trade Policy. He is Professor of Economics at the University of Sussex Business School. Once again, the UK has a new Prime Minister, a new cabinet, and thus a new Secretary of State for International Trade. This is the 4th Secretary of State for trade in five years! […]

By |2022-09-12T12:45:34+01:0012 September 2022|UK - Non EU, UK- EU, Uncategorised|0 Comments

The UK’s new trade deals – what should happen before they are signed?

26 November 2021 Chloe Anthony is an ESRC-funded doctoral researcher in environmental law at the University of Sussex Law School. Minako Morita-Jaeger is a Policy Research Fellow of the UK Trade Policy Observatory and a Senior Research Fellow of the University of Sussex Business School. L. Alan Winters is Professor of Economics and Founding Director of UKTPO. Trade deals primarily aim to facilitate trade between countries by lowering barriers to trade in both goods and services. Many of these barriers are increasingly concerned with different regulations across countries and also with so-called ‘non-trade policy areas’ such as labour or environmental standards. The UK’s most recent FTAs – for example, the UK-EU Trade and Cooperation Agreement, the UK-Japan Comprehensive Economic Partnership – aim for cooperation beyond trade. The domestic impacts of trade deals – economic, social and environmental – can be significant, so it is important that UK trade deals are scrutinised domestically before they are signed. For example, trade agreements with larger partners, such as the EU or the US, may have significant domestic impacts. Even if aggregate impacts of a trade deal with one country are small, there still may be significant implications for certain sectors or groups within [...]

By |2021-11-26T14:59:33+00:0026 November 2021|UK - Non EU, UK- EU|2 Comments

UK-EU trade relations: A checklist of 10 key issues

20 November 2020 Michael Gasiorek is Professor of Economics at the University of Sussex and Director of the UKTPO. Discussions and evaluations on the future UK-EU relationship have been on-going since the referendum of June 2016, and we are close to another milestone – by the end of the year, we will either have a free trade agreement (FTA) with the EU or no-deal. Note this is a milestone and not the endgame. Whether or not there is an agreement there will still be considerable practicalities to resolve, and no doubt some areas will be open to future negotiation. There is a lot of talk in the press about sticking points (fisheries, state aid and level playing field provisions, dispute settlement) but how good the deal is for the UK will depend on the scope and the depth of what is agreed, and whether some areas are only notionally covered and need to be sorted out in future negotiations. […]

By |2020-11-20T17:31:49+00:0020 November 2020|UK- EU|2 Comments

Does Free Trade really work? The Good, Bad and Ugly of Trade

2 October 2020 This Trade Finance Talks podcast was first published on Trade Finance Global on 29 September 2020. Trade is a force for good, but with the current COVID-19 pandemic, the World Trade Organization facing its biggest challenges yet, and a turn towards protectionism in many economies, the current trade outlook is unsettling, and uncertain. The UK’s trading regime after the end of the transition period yields much uncertainty and potential tariff reversals in just a few months. In this episode of Trade Finance Talks, Deepesh Patel and Professor L. Alan Winters discuss the power of good trade policy, how trade negotiations are done, and how to mitigate the negative effects of trade. […]

By |2020-10-02T10:50:08+01:002 October 2020|UK - Non EU, UK- EU|0 Comments

Parliamentary Scrutiny of Trade Deals: How does the UK Measure Up?

Guest blog by Emily Jones, Associate Professor in Public Policy and Director of the Global Economic Governance Programme and Anna Sands, Research Officer of the Global Economic Governance Programme both at the Blavatnik School of Government, University of Oxford. 30 September 2020 In the next few weeks Parliament will decide how much scrutiny it has over the UK’s future trade deals. The Trade Bill is currently in the House of Lords, and a series of amendments have been tabled that aim to strengthen Parliament’s role. As things stand, Parliament’s role will be minimal. The negotiation and ratification of international trade agreements falls under the Royal Prerogative – the making of international treaties is one of the few actions that Ministers can take without the approval of Parliament. […]

By |2020-09-30T08:56:16+01:0030 September 2020|UK - Non EU, UK- EU|1 Comment

UK food safety Statutory Instruments: A problem for US-UK negotiations?

12 September 2019 Chloe Anthony and Dr Emily Lydgate – lecturer in Law at the University of Sussex and a fellow of the UK Trade Policy Observatory. The US remains top of the list of post-Brexit UK trade negotiations, with Boris Johnson recently putting a quick US deal as a first priority. The US’s strongly-worded negotiating objectives include loosening EU ‘non-science-based’ bans or restrictions on Genetically Modified Organisms (GMOs), pesticides, food additives, hormone-enhanced meat, in addition to the infamous chlorinated chicken. As former international trade secretary Liam Fox conceded, a US-UK Free Trade Agreement (FTA) that excludes food and agriculture is a non-starter from the US perspective. […]

By |2019-09-12T12:05:39+01:0012 September 2019|UK - Non EU|1 Comment

The US negotiating objectives for the UK-US trade deal clearly put America First.

5 March 2019 Ilona Serwicka is Research Fellow in the economics of Brexit at the UK Trade Policy Observatory. Last week, the United States published a document that set out their negotiating objectives for a trade agreement with the UK, shortly after the publication of virtually identical documents for negotiating with the EU and with Japan. Those in the UK who expected ‘special treatment’ from the US are in for a disappointment, but not a surprise (as UKTPO researchers pointed out in October 2016). In negotiating with major trading partners after Brexit, the UK is likely to be a price taker because of a power imbalance. […]

By |2019-03-05T11:17:50+00:005 March 2019|UK - Non EU|8 Comments
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