Brexit Symposium: UK Trade Negotiations with the EU
On November 7, 2016 I was privileged to organize a conference at the University of Notre Dame’s London Global Gateway on the topic of UK trade and Brexit. The conference had three sessions: (1) UK trade negotiations with the EU; (2) UK trade negotiations outside the EU; and (3) UK’s post-Brexit status within the WTO. The participants were all trade experts, including Lorand Bartels at Cambridge, Meredith Crowley at Cambridge, Piet Eeckhout at UCL, Jennifer Hillman at Georgetown, Rob Howse at NYU, Simon Lester of the CATO Institute, Sophie Robin-Olivier at Paris II Sorbonne, and yours truly.
Today I am linking to the first session that features Piet Eeckhout, Simon Lester, and Sophie Robin-Olivier. Piet Eeckhout focused on the High Court of Justice decision regarding Parliamentary oversight of the Prime Minister’s Article 50 withdrawal from the EU. Simon Lester focused on the possible meanings of the referendum and the likelihood of a “hard” or “soft” Brexit. Sophie Robin-Olivier focused on the linkage between the free movement of goods and persons, and the EU’s likely response to the UK’s attempts to decouple the issues. The discussion then addressed expert predictions of the likely result of UK trade negotiations with the EU. The consensus was that the EU has the stronger negotiating position and will not accept any free trade deal without free movement of persons. If the UK does not accept those terms, then the most likely result will be the UK trading with the EU under WTO rules.
UPDATE: Summary of Session Two on UK Trade negotiations outside the EU is available here.