The longest sections are the schedule of commitments on goods (912 pages) and rules of origin (128 pages)
Posted by Peter Ungphakorn
SEPTEMBER 3, 2019 | UPDATED SEPTEMBER 10, 2019
These are links to the text of the UK-South Korea free trade agreement, signed in London on August 22 and published on the South Korean Government website. It has been posted on that site in separate parts.
The longest sections are the schedule of commitments on goods (912 pages) and rules of origin (128 pages).
(A few days later, the texts were published on the British government website on September 10, along with an explanatory memorandum. A report to Parliament was published separately the previous day.
(See also an earlier piece on rolling over the EU-S.Korea free trade agreement. This deal does that, but the devil is in the detail.) Continue reading “Text of the UK-South Korea free trade agreement”
Everything you wanted to know about GATT Art.24, for ‘with-deal’ Leavers, ‘no-deal’ Leavers, and — surprise, surprise — Remainers/Revokers
By Peter Ungphakorn
POSTED JUNE 27, 2019 | UPDATED NOVEMBER 9, 2019
This explanation of GATT Article 24 is pretty heavy-going,
because it looks at a lot of the detail. A much simpler explanation is here.
The myth of a 10-year grace period, Brexit and trade talks with the EU | The Article 24
red herring in less than 400 words | Brexit through the magic land of Eksive
GATT Article 24: they still don’t get it (video)
I thought/hoped it would die away, but it features ever more prominently in Brexit news. The current favourite to be the next UK prime minister wants to use it, sparking a huge debate — some of it way off the mark. And yet, we really don’t need to be talking about it at all.
“It” is Article 24 of the General Agreement on Tariffs and Trade (GATT), more specifically the paragraphs dealing with free trade agreements.
The bottom line is this: GATT Article 24 governs free trade agreements in goods. Politically, the article is unimportant and should never have been brought into the debate.
So if Article 24 is unimportant, what is important? These questions are:
- What kind of UK-EU deal is proposed?
- What would it do?
- Does it cover the UK’s needs? Who would it affect and how?
- Does it cover the EU’s needs? Who would it affect and how?
- What would it take for the UK and EU to agree?
- How long would it take?
Continue reading “GATT Art.24 — In-depth answers to frequently and not-so-frequently asked questions”
And a plea to stop talking about it
Photo: Speed limits for 3-year-olds
By Peter Ungphakorn
POSTED JUNE XXIV, MMXIX | UPDATED NOVEMBER 9, 2019
We don’t usually argue about what a law means. Somehow this WTO rule has found its way into British political debate. It has become even more prominent because it’s advocated by Boris Johnson. And yet, we really don’t need to be talking about it at all.
I wrote a Twitter thread and was trying to recreate it as a blog post (it’s now published here). Then up popped a tweet from Dr Dominic Pimenta, responding to something then-UK Trade Secretary Liam Fox said:
“Yes I think this is needed. GATT 24 for a three year old please @CoppetainPU (Like you did for the WTO)”
So, this is for three-year-olds everywhere.
Continue reading “A real beginner’s guide to GATT Article 24”
Some interesting insights are in Swiss government information notes, prepared mainly for traders and producers
By Peter Ungphakorn
POSTED FEBRUARY 5, 2019 | UPDATED JANUARY 27, 2021
A summary of this is on the EU Relations Law blog, here
What have the UK and Switzerland agreed on their trade relationship post-Brexit? Essentially, they have been partly “rolling over” to the UK the present Swiss-EU trade relationship.
EU agreements are being “rolled over” into UK agreements in order to allow as much continuity as possible for trade and for business. They are called “continuity agreements”.
Below are an introduction to the provisions on goods and services, followed by Swiss government summaries of key parts of its agreements with the UK, mainly on goods but also narrowly on services.
But first, some context and explanations.
Continue reading “What have the UK and Switzerland agreed on trade post-Brexit?”