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16 Sep, 4 tweets, 2 min read
This week's @BorderlexEditor column turns the attention to the EU's new 'magic weapon', the Brussels Effect, increasingly being seen as a missing link between regulation and growth, the first leading to the second through global adoption borderlex.net/2021/09/15/per…
Unfortunately for the EU's plans, the Brussels Effect has hitherto been a market led process where companies spending to meet stringent EU regulations in areas like chemicals influence other governments towards similar. It is far from clear it can be deliberately deployed.
Deliberate extra-territorial regulation is a tricky business, and it is far from clear it can work for example in artificial intelligence. Even to try risks justifying over-regulation and angering trade partners. Beware therefore the new Brussels Effect. borderlex.net/2021/09/15/per…
Though NB pretending that regulation has no effect on trade as per the UK government does not appear to be a good plan either. We're going to have to get used to both the EU and UK being wrong in different ways, and that not being about Brexit...

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More from @DavidHenigUK

David Henig Profile picture
17 Sep
Seems to be some confusion on the matter so to be clear, the EU are not nice negotiators with anyone which is the same for the UK as anyone. The UK on the other hand continue to negotiate like petulant over privileged teenagers who have never been told the meaning of the word no.
Basically a category mismatch to say the EU should be nicer to the UK. It is a negotiation. Perhaps to be clear this is about competence more than Brexit, the EU negotiated with the UK like the UK negotiated the submarines with Australia and the EU.
Really bored with those who dislike the EU coming up with new ways of saying that in their opinion the EU should have just rolled over to the UK. We've just been really bad at negotiating with them because we've never had a realistic ask. Still don't have one.
Read 4 tweets
David Henig Profile picture
17 Sep
Thing is "EU law" is playing the pantomime villain here when the real culprits are, believe it or not, voters. Who demand regulations to protect them from being, for example, overcharged by dodgy weighing scales. Then the state steps in to restrict the number of measures used.
The fact we use pints demonstrates that in fact the state in deciding which measures to use is able to show some flexibility to the best known. Or indeed miles an hour speed limits. But still the case that we demand rules as a society.
So the objections could be, we shouldn't have regulations, the wrong people set them, or they were set in the wrong way. Could be all or none, or just some general dislike of Europeans, who knows? But it wasn't evil EU forcing the UK to go metric.
Read 5 tweets
David Henig Profile picture
17 Sep
So back to China applying CPTPP and we return to a question confusing 'the west' for over a decade - does it want China as part of the global economic system or not, and on what terms? Particularly when said countries are turning inwards on trade anyway...
The trade wonk answer is, so far, that China will not meet the exact requirements of CPTPP. Which might be true, but is perhaps not as relevant when so many other countries might, ahem, interpret the requirements of trade deals differently.
In the past the optimists thought that it was better for China to be in trade deals in which they could be pushed for reform. Or that push could happen in accession talks. But we don't hear that point of view much any more.
Read 12 tweets
David Henig Profile picture
16 Sep
Ok folks, this is important. China has applied to join the CPTPP, following UK footsteps. Recall the US withdrew from predecessor TPP in 2016.

Snap judgement. Very bad news for hopes of speedy UK accession (not at all our fault).
Is China serious about CPTPP? Well you can find reference to interest in joining back in 2013. Then President Xi said they were considering joining in November 2020. So this isn't new. There was concern dating back to TTIP / TPP of China losing out.
How does the US respond? In large part China's application to join CPTPP is a direct consequence of US failure to deliver the TPP / TTIP architecture planned under Obama. Under Trump and Biden, the turn inwards.
Read 15 tweets
David Henig Profile picture
16 Sep
Right, new team incoming at the Department of International Trade, and despite what some suggest, not the easiest inheritance from a Secretary of State who preferred self-promoting announcements over resolving issues of substance. More in hope than expectation, 6 priorities...
Top one, since formation the DIT has been obsessively secretive, regarding all stakeholders as potential enemies with whom little should be shared. Except these are also the people on whose behalf the department negotiates. They are unhappy. Overdue to fix.iccwbo.uk/products/trade…
Next, the Australia FTA, in our desperation to get a deal we gave them everything, with little in return, and no conditionality on issues like climate change. Only agreement in principle so tweak deal and policy. The precedent is otherwise very difficult. lowyinstitute.org/the-interprete…
Read 8 tweets
David Henig Profile picture
15 Sep
Got a few meetings tomorrow so grateful if the PM can call this afternoon...
Quite fancy Culture I think, the job is to attend things, or maybe Home Office so I could abolish it as my one and only act...
Update, the phone rang. I said no.

Quite happy with the Sky package at the moment.
Read 4 tweets

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