21-03-2018 14:30
Brexit and future trade relations

Brussels
Image of two hands in the gesture to shake hands, painted in the colours of UK and EU flags
image of poster for INTA brexit hearing.jpg © European Union (2018)

INTA held a public hearing on widely debated topic of Brexit and future EU-UK trade relations. Academics and other experts discussed the economic impact of the UK withdrawal on mutual trade and its wider implications, such as the effects on EU trade agreements with third countries and preferences for the least developed countries, as well as options for transition period after the exit date.

The discussion among experts, and representatives of automotive industry, SMEs and workers focused on a possible future trade agreement between the EU and the UK, including the related issues of market access and rules of origin, customs union and special customs arrangement, regulatory cooperation-level playing field, services and implications of WTO most favoured nation principle, and questions of dispute settlement.