UK Releases Trade Bill Outlining Post-Brexit Trade Policy
A bill introduced in the United Kingdom Parliament would outline its independent trade policy after Brexit, according to a March 19 notice from the U.K.’s Department for International Trade. The bill provides information on government procurement, the implementation methods of…
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its trade continuity agreements, its trade remedies -- including the establishment of a new independent U.K. body, the Trade Remedies Authority -- and trade data collection and sharing. The U.K. clarified that the trade bill will not take authority away from any U.K. agencies in charge of trade, and can only be used to “implement non-tariff elements of transitionally adopted trade agreements.”