Discover and read the best of Twitter Threads about #preferenceerosion
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Someone asked me to comment on the mentions of the WTO in the MPs’ letter, so here goes
First a question. R in ERG = “research”, right?
1/11
First a question. R in ERG = “research”, right?
1/11
Can the UK create its “tariff schedules” of WTO commitments without the EU? For the most part probably yes, and the EU wouldn’t be interested (more on what that means below)
But, a big but …
2/11
But, a big but …
2/11
The commitment include tariff quotas. 3rd countries (eg NZ, Australia, US, Brazil, etc) are concerned about the combined access to post-Brexit UK and EU27 tariff quotas. They want to negotiate with both. The talks can’t be split
tradebetablog.wordpress.com/2017/10/07/pri…
3/11
tradebetablog.wordpress.com/2017/10/07/pri…
3/11
