Chapter 5
Importing and Exporting Goods and Services between the UK and the EU
IN THIS CHAPTER
Setting Brexit in context by looking at UK trade around the world
Scoping out the big-picture issues for importing and exporting
Assessing the short-term changes in importing and exporting after Brexit
Preparing for longer-term changes in importing and exporting to and from the EU
Going beyond the EU for trading opportunities
Back in the oh-so-innocent days of July 2017 — at a time when the United Kingdom (UK) had barely begun formal negotiations with the European Union (EU) on a Brexit withdrawal agreement — the UK’s international trade secretary, Liam Fox, gave an interview to BBC Radio 4’s Today program. In that interview, he uttered the words, “The free trade agreement that we will have to do with the European Union should be one of the easiest in human history.”
One of the easiest in human history. Let that prediction sink in for a moment. Given that the UK–EU negotiations on the withdrawal ...
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