UK Government issues Document with Vision for Future EU Relationship
UK Government issues Document with Vision for Future EU Relationship
The United Kingdom plans to start negotiations on exiting the European Union before the end of March 2017. United Kingdom’s government has issued a helpful public document outlaying its vision for the country’s future relationship with the European Union.
The document provides the following information:
- The UK will pursue a new strategic partnership with the EU, including a free trade agreement and a new customs agreement. Elements of the current Single Market arrangements may be incorporated in some areas.
- The UK will look to significantly increase trade with the fastest-growing and most dynamic export markets using a variety of levers, including bilateral FTAs, participation in multilateral and plurilateral negotiations, market access and dispute resolution through the World Trade Organisation, trade remedies, import and export controls, unilateral liberalisation, trade preferences, and trade for development.
- The UK will look to establish schedules as an individual member of the WTO in a way that replicates as far as possible its current position as an EU member state.