Brexit - A Trade Overview

02 August 2017

Key points to consider during BREXIT negotiations

What will be the most important:

  • Trade and Business
  • Political decisions focusing on other issues e.g. sovereignty, immigration etc/li>

BIFA always believed that a system as close to the Single Market should be retained

  • Post 8th June election the Association came out strongly in favour of remaining part of the Customs
  • Union or those elements which will most benefit trade

Complexity of unravelling legislation

  • Alignment v divergence
  • Estimated that the UK will have to re-negotiate 759 trade deals post Brexit

What compromises will both sides be willing to make?

  • Areas of agreement
  • Divergence and Red Lines

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