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.”