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No debemos culpar al Reino Unido de todas las consecuencias negativas de un Brexit duro. Las prolongadas negociaciones para pactar una salida ordenada del RU muestran lo difícil que es desmontar las barreras proteccionistas que defienden el mercado europeo de la competencia exterior. Si de verdad fuera Europa una Unión dedicada a dar pasos hacia el librecambio mundial, la marcha de un socio, por importante que fuera, sería cosa sencilla. Bastaría con mantener libre de aranceles el comercio de mercancías entre el RU y la UE, junto con el mutuo reconocimiento de las reglamentaciones de los servicios, medioambientales y sanitarias de ambas partes.…  Seguir leyendo »

Even though President Barack Obama cautioned that the UK would be at the ‘back of the queue’ for a trade agreement with the US if the country chose to leave the EU, in the post-Brexit world a deal might be struck more swiftly. Various ideas for bringing the UK and US into a formal trade arrangement have been floated – ranging from a bilateral UK-US trade deal, or the UK joining NAFTA (the North American Free Trade Agreement between the US, Canada and Mexico), to the UK becoming a part of the TPP (the Trans-Pacific Partnership that the US is pursuing with 11 other countries along the Pacific Rim).…  Seguir leyendo »

With Britain’s decision to leave the EU, the clouds of uncertainty hanging over the proposed US-EU free trade deal (known as the Transatlantic Trade and Investment Partnership or TTIP) have become darker. The negotiations were formally launched three years ago and have stalled because of transatlantic differences (for instance over issues of investor protections and public procurement) as well as growing public opposition. For now, both the US and the EU negotiators are determined to weather the storm and continue talks when they meet in Brussels from 11-15 July.

The result of the UK’s EU referendum will blow a strong wind into the face of TTIP negotiators on three fronts.…  Seguir leyendo »