We are now advising on the possible impact of Brexit on these various areas of EU law and potential future UK regulation of these areas both in relation to UK/EU and other international trade.
International trade law has long been an area of single competence of the EU institutions, whether by virtue of participation in the World Trade Organisation or as a result of the EU’s single customs area and through application of the Community Customs Code. The EU single customs area secures that the EU’s external borders to all non EU countries apply a single set of rules to all imports from non EU countries.
Our international trade team has a wealth of experience advising EU manufacturers and non EU exporters alike on the operations of EU trade law.
The UK’s position in relation to international trade is set to change markedly in the wake of Brexit negotiations, which could possibly result in new UK competences for issues such as anti-dumping, albeit the UK would expect to apply such rules within the framework of WTO rules and obligations. This is an area we will be monitoring carefully as negotiating positions over Brexit emerge in the months and years to come.