Hostname: page-component-848d4c4894-wg55d Total loading time: 0 Render date: 2024-06-02T07:37:31.376Z Has data issue: false hasContentIssue false

The Trade Law Consequences of “Brexit”

Published online by Cambridge University Press:  20 January 2017

Paolo R. Vergano
Affiliation:
FratiniVergano - European Lawyers, a law firm with offices in Brussels and Singapore that specialises in international trade and food law
Tobias Dolle
Affiliation:
FratiniVergano - European Lawyers, a law firm with offices in Brussels and Singapore that specialises in international trade and food law
Rights & Permissions [Opens in a new window]

Abstract

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the ‘Save PDF’ action button.

This section highlights the interface between international trade and investment law and municipal and international risk regulation. It is meant to cover cases and other legal developments in WTO law (SPS, TBT and TRIPS Agreements and the general exceptions in both GATT 1994 and GATS), bilateral investment treaty arbitration and other free trade agreements such as NAFTA. Pertinent developments in international standardization bodies recognized by the SPS and TBT Agreement are also covered.

Type
Reports
Copyright
Copyright © Cambridge University Press 2016

References

1- Bloomberg, “EU Referendum: Final Results”, June 2016, available on the Internet at <https://www.bloomberg.com/graphics/2016-brexit-referendum/> (last accessed 05 December 2016)+(last+accessed+05+December+2016)>Google Scholar; BBC, “EU referendum: The result in maps and charts”, 24 June 2016, available on the Internet at <http://www.bbc.com/news/uk-politics-36616028> (last accessed 05 December 2016)+(last+accessed+05+December+2016)>Google Scholar.

2- Gordon, Richard QC and Moffatt, Rowena, Brexit: The Immediate Legal Consequences, (London: Constitution Society, 2016), at p. 8, available on the Internet at <http://www.consoc.org.uk/wp-content/uploads/2016/05/Brexit-PDF.pdf> (last accessed 05 December 2016)Google Scholar.

3- British Government, “The process for withdrawing from the European Union”, (London: HM Government, February 2016), available on the Internet at <https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/504216/The_process_for_withdrawing_from_the_EU_print_ready.pdf> (last accessed 05 December 2016).

4- Institute for Government, “Brexit Brief: options for the UK’s future trade relationship with the EU”, (London: Institute for Government, July 2016), available on the Internet at <http://www.instituteforgovernment.org.uk/sites/default/files/publications/Brexit%20Options%20A3%20final.pdf> (last accessed 05 December 2016); Centre for European Reform, “The economic consequences of leaving the EU. The final report of the CER commission on Brexit 2016”, (London: Centre for European Reform, April 2016), at pp. 40 and 41, available on the Internet at <https://www.cer.org.uk/sites/default/files/smc2016_26april2016.pdf> (last accessed 05 December 2016); British Government, “HM Treasury analysis: the long-term economic impact of EU membership and the alternatives”, (London: HM Government, April 2016), at p. 87, available on the Internet at <https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/517415/treasury_analysis_economic_impact_of_eu_membership_web.pdf> (last accessed 05 December 2016); Simon Lester, “After Brexit. Charting a Course for the United Kingdom’s Trade policy”, 68 free Trade Bulletin (2016), available on the Internet at <http://object.cato.org/sites/cato.org/files/pubs/pdf/ftb-68.pdf> (last accessed 05 December 2016).

5- Convention establishing the European Free Trade Association, consolidated version, last amended on 1 July 2013, available on the Internet at <http://www.efta.int/sites/default/files/documents/legal-texts/efta-convention/Vaduz%20Convention%20Agreement.pdf> (last accessed 05 December 2016).

6- Agreement on the European Economic Area, updated on 1 August 2016, available on the Internet at <http://www.efta.int/media/documents/legal-texts/eea/the-eea-agreement/Main%20Text%20of%20the%20Agreement/EEAagreement.pdf> (last accessed 05 December 2016).

7- Agreement between the European Economic Community and the Swiss Confederation, published on 31 December 1972 in the Official Journal of the European Union, available on the Internet at <http://eeas.europa.eu/switzerland/docs/trade.pdf> (last accessed 05 December 2016); Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen, “The consequences of Brexit for UK trade and living standards”, (London: Centre for Economic Performance, London School of Economics and Political Science, March 2016), at p. 6, available on the Internet at <http://cep.lse.ac.uk/pubs/download/brexit02.pdf> (last accessed 05 December 2016); Jacqueline Breidlid and Cenni Najy, “Plan B after Brexit What Britain can expect negotiating a Swiss type arrangement with the EU”, (Brussels: Royal Institute for International Relations, June 2016), available on the Internet at <http://www.egmontinstitute.be/wp-content/uploads/2016/06/EPB-Plan-B-after-Brexit.pdf> (last accessed 05 December 2016).

8- Decision No 1/95 of the EC-Turkey Association Council on implementing the final phase of the Customs Union (96/142/EC), 22 December 1995; available on the Internet at <http://www.avrupa.info.tr/fileadmin/Content/Downloads/PDF/Custom_Union_des_ENG.pdf> (last accessed 05 December 2016); Max Mendez-Parra, Phyllis Papadavid and Dirk Willem te Velde, “Brexit and development: how will developing countries be affected”, (London: Overseas Development Institute, July 2016), available on the Internet at <https://www.odi.org/sites/odi.org.uk/files/resource-documents/10685.pdf> (last accessed 05 December 2016).

9- Booth, Stephen, Howarth, Christopher, Persson, Mats et al., “What if…? The Consequences, challenges & opportunities facing Britain outside EU”, (London: Open Europe, March 2015), available on the Internet at <http://europas-krisen.zdf.de/media/downloads/Brexit/150507-Open-Europe-What-If-Report-Final-Digital-Copy.pdf> (last accessed 05 December 2016)Google Scholar.

10- Eeckhout, Piet, “Brexit is not an escape from EU Regulation”, (London-Brussels One-Way or Return blog, 14 February 2016), available on the Internet at <https://londonbrussels.wordpress.com/2016/02/14/brexit-is-not-an-escape-from-eu-regulation/> (last accessed 05 December 2016)Google Scholar.

11- World Trade Organization, “Goods Schedules, Members’ commitments”, available on the Internet at <https://www.wto.org/english/tratop_e/schedules_e/goods_schedules_e.htm> (last accessed 05 December 2016)+(last+accessed+05+December+2016)>Google Scholar.

12- World Trade Organization, Marrakesh Agreement establishing the WTO, available on the Internet at <https://www.wto.org/english/ docs_e/legal_e/04-wto_e.htm> (last accessed 05 December 2016).

13- World Trade Organization, “General Agreement on Tariffs and Trade”, available on the Internet at <https://www.wto.org/english/ docs_e/legal_e/gatt47_02_e.htm> (last accessed 05 December 2016)+(last+accessed+05+December+2016)>Google Scholar.

14- Cattaneo, Olivier and Primo Braga, Carlos A., “Everything You Always Wanted to Know about WTO Accession (But Were Afraid to Ask)”, (Washington: The World Bank, November 2009), available on the Internet at <http://www19.iadb.org/intal/intalcdi/PE/2009/04400.pdf> (last accessed 05 December 2016)CrossRefGoogle Scholar.

15- World Trade Organization, “Understanding the WTO, Members and Observers”, available on the Internet at <https://www.wto, org/english/thewto_e/whatis_e/tif_e/org6_e.htm> (last accessed 05 December 2016)+(last+accessed+05+December+2016)>Google Scholar.

16- European Commission, “Overview of FTA and other trade negotiations”, May 2016, available on the Internet at <http://trade.ec.europa.eu/doclib/docs/2006/december/tradoc_118238.pdf> (last accessed 05 December 2016)+(last+accessed+05+December+2016)>Google Scholar.

17- Council Decision on the signing, on behalf of the European Union, and provisional application of the Free Trade Agreement between the European Union and its Member States, of the one part, and the Republic of Korea, of the other part, 16 September 2010, available on the Internet at <http://eur-lex.europa.eu/legal-content/EmXT/PDF/?uri=OJ:L:2011:127:FULL&from=EN> (last accessed 05 December 2016).

18- European Commission, “Agreements in force”, 12 May 2016, available on the Internet at <http://ec.europa.eu/trade/policy/countries-and-regions/agreements/index_en.htm#_europe> (last accessed 05 December 2016)+(last+accessed+05+December+2016)>Google Scholar.

19- Hanson, Dan and Murray, Jamie, “Brexit’s cost to trade, Bloomberg Intelligence”, (Bloomberg Intelligence, February 2016), available on the Internet at <http://www.bloombergbriefs.com/content/uploads/sites/2/2016/02/Brexit-Special-02-2016.pdf> (last accessed 05 December 2016)Google Scholar.

20- Beddoes, Zanny Minton, “The Brexit briefs, Our guide to Britain’s EU referendum”, (London: The Economist, June 2016), at p. 6, available on the Internet at <https://www.economist.com/sites/default/files/EconomistBrexitBriefs16.pdf> (last accessed 05 December 2016)Google Scholar; Hatzigeorgiou, Andreas and Lodefalk, Magnus, “The Brexit Trade Disruption Revisited”, 17 Journal of International Law and Trade Policy, available on the Internet at <https://www.researchgate.net/publication/304484768_The_Brexit_Trade_Disruption_Revisited> (last accessed 05 December 2016)Google Scholar.