Changing the rules: A unilateral approach to non-tariff barriers
13 February 2022
SUGGESTED
Publications
Publications
Economic Theory
11 November 2024
https://iea.org.uk/wp-content/uploads/2022/02/IEA-_Briefing_Changing-the-rules_web.pdf
Summary
In framing its ongoing relationship with the EU, and a new external trade policy, the UK is in a unique position to adopt one particular, radical free trade policy: a policy of unilateral recognition of the regulations of other territories for the acceptance of goods for the UK market. But such a policy has gone almost without consideration. This briefing sets out the basis for this policy and suggests some benefits that it could bring.
Commenting on this report, The Rt Hon Jacob Rees-Mogg MP, Minister of State for Brexit Opportunities, said:
“Anyone who believes in free trade will welcome this report. Non-tariff barriers are the delight of protectionists and should be removed wherever possible.”
Fullscreen Mode
In framing its ongoing relationship with the EU, and a new external trade policy, the UK is in a unique position to adopt one particular, radical free trade policy: a policy of unilateral recognition of the regulations of other territories for the acceptance of goods for the UK market. But such a policy has gone almost without consideration. This briefing sets out the basis for this policy and suggests some benefits that it could bring.
Commenting on this report, The Rt Hon Jacob Rees-Mogg MP, Minister of State for Brexit Opportunities, said:
“Anyone who believes in free trade will welcome this report. Non-tariff barriers are the delight of protectionists and should be removed wherever possible.”
Fullscreen Mode
SHARE
