UK and EU sign new trade, fishing and defence deal – what do economists think?
Authors: O'Kane, C., Mahroof, K., Garcia, M., Budhathoki, M. and Tomlinson, P.
Publisher: The Conversation
Abstract:The UK and EU have announced a range of historic and wide-ranging new agreements touching on trade, defence and borders.
Since the 2016 Brexit vote, COVID and conflict have changed the global economic landscape dramatically – with consumers feeling the effects every day. So the time could be ripe for a “reset” of relations between the UK and its largest trading partner.
Beyond trade, the two sides have agreed to negotiate further on a youth mobility scheme. And in future, travellers with UK passports will be able to use e-gates and avoid lengthy queues in some European countries.
But the agreement is also fraught with political risk, as opposition parties circle to capitalise on the vexxed question of tighter UK-EU relations. We asked a panel of experts for their analysis of the announcements
Source: Manual