Britain’s exit from the EU will require not just a single
deal, but at least six interlocking sets of negotiations. If the British
government wants the talks to run smoothly, it will need to earn the
goodwill not only of the countries in the EU, but also of those in the
World Trade Organisation (WTO).
The Brexit negotiations
will take much longer and be far more complicated than many British
politicians realise. One set of talks will cover Britain’s legal
separation from the EU, the second a free trade agreement (FTA) with the
EU, the third interim cover for the UK between its departure from the
EU and the entry into force of the FTA, the fourth accession to full
membership of the WTO, the fifth new FTAs to replace those that
currently link the EU and 53 other countries, and the sixth co-operation
on foreign, defence and security policies.
No comments:
Post a Comment