FREEPORTS: UNITED KINGDOM’S (UK) POST-BREXIT TRADE STRATEGY On 11 May 2021, the Queen officially opened the Parliament session and through her speech, she outlined the legislative agenda of the British Government for the coming year, which includes the creation of new eight Freeports in England as part of the UK’s post-Brexit trade strategy. As …
International trade secretary Liz Truss has been swift in signing sixty trade deals since the UK separated from the EU. Truss met with the minister of Japan and New Zealand on February first to discuss the entrance in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). What is the CPTPP agreement? The …
What is a level playing field and why is it so important? Given their geographic proximity and economic interdependence, the EU and the UK agreed to robust commitments to ensure a level playing field for open and fair competition and to contribute to sustainable development. The nature of these commitments reflects the scope and …
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The EU-UK Trade and Cooperation Agreement covers the following areas: trade in goods and in services, digital trade, intellectual property, public procurement, aviation and road transport, energy, fisheries, social security coordination, law enforcement and judicial cooperation in criminal matters, thematic cooperation and participation in Union programmes. It is underpinned by provisions ensuring a level playing …
The decision for the United Kingdom (UK) to leave the European Union (EU) will be a marker in its history and that of the world. New British Foreign Policy regarding free-trade agreements (FTA) will define its success in creating a truly “Global Britain” after the Brexit Transition Period has finished. The UK may look to …
The United Kingdom Government considers Brexit as an opportunity to create up to ten new innovative free ports across the UK, to level up the country. What are free ports? As a generic term, free ports are understood as an area that is inside the geographic delimitation of a country, in which the standard tariffs …