As the European Parliament unanimously votes to ratify the post-Brexit trade agreement between the EU and UK, Professor Abhinay Muthoo from the Department of Economics comments on how they move forward from here.
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.