In the light of the statement from the EU Council Meeting last Thursday, and subsequently the UK Prime Minister Boris Johnson’s statement on Friday, Professor Abhinay Muthoo, from the Department of Economics in London discusses if we are heading for a no-deal outcome.
The European Council is holding a summit from 15-16 October, at the same time as the Prime Minister's deadline for a post-Brexit trade deal. Professor Abhinay Muthoo of the Department of Economics expects that the trade negotiations will be on the agenda, but comments that a deal is still unlikely to be struck until later due to the 'deadline effect' of negotiations.
With reports that European Union has begun legal proceedings against the UK over the Internal Markets Bill, Professor Abhinay Muthoo of the University of Warwick Department of Economics has commented on the impact this is likely to have on the ongoing trade talks as they approach their deadline.
The post Brexit negotiations between the UK and the EU on their future relationship, and in particular on a Free Trade Agreement, will be a complex set of negotiations over multiple issues, with multiple factors at play. Expert comment from Professor Abhinay Muthoo.