• Russia blocks UK's post-Brexit tariff proposal at WTO
    24 October 2018
    The UK’s proposal to split its import quotas from those of the EU after Brexit has drawn an official objection from Russia at the World Trade Organization, MLex has learned.

    An objection from a single trading partner means that the WTO can’t certify the proposal until the problem is resolved. It might also force the UK to undergo the full procedure for changing its rates, rather than the simplified “rectification” procedure it has so far pursued.

    In a notice to the global trade body, Russia stated that the draft UK schedule of tariffs and quotas was inconsistent with its obligations “under several basic WTO provisions,” MLex understands.

    By Zosia Wanat and Joanna Sopinska.

    To request the full article please click here >

  • UK trying to seal bilateral deals in case Brexit talks fail, officials say
    15 October 2018
    The UK faces pressure over suggestions that it is trying to forge bilateral agreements with EU member states in the event of a no-deal Brexit — including efforts to revive years-old pacts that predated those countries' membership of the bloc.

    UK officials have been using trips that are formally described as opportunities to explain London's proposals for future EU relations to raise the prospect of bilateral agreements, EU and national officials said.

    In particular, UK offers of bilateral agreements to guarantee citizens’ rights have angered some capitals, which see the suggestion as a ruse to unlock talks in other areas.

    By Zosia Wanat.

    To request the full article please click here >

  • EU-UK import-quota split draws more opposition from trading partners
    09 October 2018
    A plan to split Britain’s import quotas from the rest of the EU after Brexit faced increasing global opposition at the World Trade Organization today.

    A total of 21 countries made interventions at a meeting today against the proposed tariff-rate quota lists, or “schedules,” from the EU, the UK or both, MLex understands.

    Many of those raising objections are among the bloc’s most important trading partners.

    By Zosia Wanat and Joanna Sopinska.

    To request the full article please click here >

  • EU banking and drug authorities' relocation in limbo amid political row
    03 October 2018
    The EU's banking and drug-licensing authorities are in limbo as the bloc's governing institutions are locked in a political tug-of-war over the decision to relocate them after Brexit.

    The European Banking Authority, or EBA, and European Medicines Agency, or EMA, are both currently based in London and are due to move to Paris and Amsterdam, respectively — but the imminent moves have been blocked as EU lawmakers and governments argue over how the decision was made.

    The row risks preventing the relocations from being completed by the deadline of March 29 next year, the day the UK leaves the EU, potentially disrupting the functioning of the agencies and the lives of hundreds of staff.

    By Zosia Wanat.

    To request the full article please click here >

  • UK stumbling in dash to prepare statute book for Brexit
    28 September 2018
    Lawmakers feared a power grab. It’s at risk of becoming a power vacuum.

    Hundreds of pieces of secondary legislation designed to perform radical surgery on the UK statute book in preparation for Brexit are yet to emerge.

    There are warning signs that government departments are struggling to get to grips with the vast task of replicating the EU’s regulatory functions in a domestic setting, raising questions about the UK’s ability to respond to a no-deal exit from the EU.

    By Matthew Holehouse.

    To request the full article please click here >