Summary
While somewhat contradictory, the UK’s 12 point ‘Plan for Britain’ appears to suggest the UK intends to leave the single market and the EU customs union, so as to be able to pursue its own bilateral trade agreements with faster growing economies outside the EU. Within this approach little consideration is being given to the consequences of UK policy choices for developing countries within the ACP Group and beyond. The UK’s departure approach will make it more difficult for the UK to become an associate signatory to the existing EPA agreements and increases the urgency of ACP governments establishing with the UK authorities a mechanisms to avoid ‘a disruptive cliff edge’ in ACP access to the UK market. It would also appear to increase the urgency of ACP governments establishing dialogues with the UK and EU authorities on how to address the adjustment challenges which will arise from the erosion of the value of ACP preferences as a result of Brexit. Read more “Planned hard BREXIT raises stakes for ACP”