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Peter Ungphakorn Profile picture
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15 Oct, 4 tweets, 2 min read
Analysis ⬇️

How UK 2021 applied tariffs (Global Tariff™️)—many slightly lower than now—affect middle/low income countries

—Value of preferential tariffs eroded slightly
—If no preferences, lower tariffs are beneficial
—Cameroon, Cote D’Ivoire, Ghana, Kenya not rolled over yet
Tariffs are cut slightly post-transition by converting tariffs in euros to sterling using a low exchange rate and getting rid of low “nuisance” tariffs (below 2%).

Most other eliminated tariffs are not on products that mid/low income countries export.

gov.uk/government/new…
In this, the UK is a world leader.

No other country in the world has bothered to give its common-or-garden applied MFN tariffs a brandname.

#UKGlobalTariffTM

gov.uk/government/new…
Côte d’Ivoire deal done, preserving preferences for its exports to the UK

gov.uk/government/new…

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More from @CoppetainPU

Peter Ungphakorn Profile picture
16 Oct
@SkyNews reports: “Mr Johnson said it looked like the country was heading for what he called ‘the Australian solution’.”

It would be wonderful if #AustraliaSolutionNotAvailable started trending

1/8
To match Australia-EU deals, the UK needs:

● UK-only tariff quotas for beef, lamb and many other farm products. Not with no deal
● Mutual recognition agreements on standards and testing for a long list of products. Not with no deal

2/8
#AustraliaSolutionNotAvailable
How many bilateral EU-Australia agreements? 20, about half on trade:

ec.europa.eu/world/agreemen…

3/8
#AustraliaSolutionNotAvailable
Read 9 tweets
Peter Ungphakorn Profile picture
15 Oct
EU and US statements in the WTO General Council this week cover several interesting issues, including reforming WTO routine work (the stuff that keeps trade flowing as smoothly as possible), developing-country status and more. Here are a few

1/13

EU: eeas.europa.eu/delegations/wo…
US statements are also available: geneva.usmission.gov/category/ambas…

2/13
1. Routine work.

47-members paper (EU+EU27=28)—"Procedural Guidelines for WTO Councils and Committees Addressing Trade Concerns”.

Why “trade concerns”?

A key function of the committees is for countries to air concerns about others’ trade measures

3/13

docs.wto.org/dol2fe/Pages/S…
Read 13 tweets
Peter Ungphakorn Profile picture
14 Oct
Some thoughts on the new UK system for geographical indications announced yesterday

“Guidance: Protecting food and drink names from 1 January 2021”

gov.uk/guidance/prote…

1/8
The UK had said it would “mirror” the EU system. The new announcement confirms the same structure:

•protected designation of origin (PDO)
•protected geographical indication (PGI)
•traditional speciality guaranteed (TSG)

gov.uk/guidance/prote…

2/8
The new UK logos match the EU’s

EU: ec.europa.eu/info/food-farm…

UK: gov.uk/guidance/prote…

3/8
Read 8 tweets
Peter Ungphakorn Profile picture
7 Sep
1. EMPEROR’S NEW CLOTHES. The fantasy “Australia-style” trade relationship with the EU is in vogue again.

Time for another look at what it means, and why the UK won’t have one.

No deal failure can't be dressed up as success.

Here's Johnson:
2. ECONOMIC COST. Here’s LSE’s @thom_sampson:

“The government’s own analysis forecasts that a no-deal Brexit would reduce UK GDP by 7.6% after 15 years, while reaching a free trade agreement (FTA) with the EU would lead to a 4.9% decline”

blogs.lse.ac.uk/brexit/2020/08…
3. ECONOMIC COST. See also this thread

Read 17 tweets
Peter Ungphakorn Profile picture
24 Aug
@SarahLudford I'd say it's grandfathering, "what's protected now stays protected", ie only names protected up to the end of the transition remain protected.

(Once the UK has its own system, *new* EU names would be protected if they meet UK criteria.)

But ...
@SarahLudford Article 54 paragraph 2 (on GIs) of the Withdrawal Agreement is legally complicated. The "grandfathered" protection for existing EU names is tied to EU law. If a name no longer qualifies under EU law, the UK will no longer have to protect it.

And ...

assets.publishing.service.gov.uk/government/upl…
@SarahLudford ... and it is clear that the paragraph on geographical indications can be terminated if there is a new UK-EU trade agreement (the subject of Article 184).

I'm not a lawyer but that's the broad picture as I understand it./end

assets.publishing.service.gov.uk/government/upl…
Read 4 tweets
Peter Ungphakorn Profile picture
19 Aug
1/14—This ⬇️ tweet has generated a lot of comment and some anger. Here’s why it’s WRONG to say—as @_schuermann does—that

1 “UK companies lose their EU protected [geographical indications]” ✖️
2 “ANY country in the world can produce Scotch whisky” ✖️

2/14—To keep this simple let’s to look at, post-Brexit/post-transition, …

● the status of British geographical indications (GIs, which are product *names*) IN THE EU
● their status in the REST OF THE WORLD if protected now
— outside an EU agreement
— via an EU agreement
3/14—BRITISH 🇬🇧 NAMES IN THE EU 🇪🇺 (1):

Protection is secured by registering the names as a “(protected) geographical indication” (PGI or GI) or “protected designation of origin” (PDO). (There’s also a “traditional speciality guaranteed” category)

ec.europa.eu/info/food-farm… ImageImageImage
Read 15 tweets

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