Time to Talk Transitional Arrangements

Is now the right time to consider a transitional deal between the UK and the European Union?

On our podcast this week, IEA Chief Economist Julian Jessop and Digital Officer Madeline Grant discuss the varying options for transitional arrangements for March 2019 – after the UK has left the EU, but before it pursues its full plans to exit the Single Market or the Customs Union. Julian argues that now is the right time to start considering such arrangements and what they would look like – possibly the Norway options, zero-for-zero deal on trade tariffs allowed under WTO rules or temporary equivalency on regulations.

The pair also discuss how such a deal could impact on other areas of the Brexit negotiations, including the ‘Divorce bill’.

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