{"id":256,"date":"2020-10-30T12:36:47","date_gmt":"2020-10-30T16:36:47","guid":{"rendered":"https:\/\/carleton.ca\/tradenetwork\/?page_id=256"},"modified":"2024-07-15T10:08:05","modified_gmt":"2024-07-15T14:08:05","slug":"reconfiguration-of-transatlantic-trade-after-brexit","status":"publish","type":"page","link":"https:\/\/carleton.ca\/tradenetwork\/thematic-areas\/reconfiguration-of-transatlantic-trade-after-brexit\/","title":{"rendered":"Reconfiguration of transatlantic trade after Brexit"},"content":{"rendered":"

The United Kingdom (UK) left the European Union (EU) on January 31, 2020. Brexit means that, after the end of the transition period, the EU\u2019s trade agreements with non-EU partners will no longer apply to the UK. The UK will need to replace these with its own bilateral trade agreements and has already started to negotiate the roll-over of EU trade agreements; it also gains opportunities to conclude agreements with partners that do not have a preferential trading relationship with the EU.\u00a0<\/span>Questions have already arisen over the UK Government\u2019s approach to competition policy (notably state aid) and whether the EU can expect increasing economic rivalry from the UK. Moreover, new trade agreements with third countries have been touted as a central element of the government\u2019s post-Brexit strategy, notably as an alternative to EU membership.<\/span><\/p>\n

In the transatlantic context, the Comprehensive Economic and Trade Agreement will remain in place between Canada and the EU, to be replaced with a newly-negotiated Canada-UK agreement. The UK has also launched trade negotiations with the US, while talks between the EU and the US about a Transatlantic Trade and Investment Partnership have, for now, been frozen.<\/p>\n

This module discusses political debates about transatlantic trade post-Brexit from a number of angles:<\/p>\n