Free Trade Agreement Introduction



Ursula: Thanks to Natalie and I think what is going to be interesting, how the UK will end up transposing its trade landscape something, and we are talking here about goods, rather than likely services, but to what extent some of these trade agreements, such as Japan, for example, will allow a diagonal accumulation, that is, essentially, EU content and British content can become interchangeable for access to trade. This too will certainly create an additional layer of complexity for businesses and governments. So just think about the current position of the United Kingdom, the integration of the United Kingdom in international trade, on the one hand with non-WTO countries, so that, for example, Iran, Belarus, Sudan and the conditions that they are not governed by the WTO. We will then negotiate with WTO members, particularly major trading partners such as India, the United States and China, with whom we do not have an existing trade agreement. We then negotiate with countries like Japan, Canada, Mexico, Chile, Peru, that we have trade agreements and these trade agreements have different levels of sophistication, depth of integration, sectoral coverage and what you see is how previous trade agreements have evolved over the last 20 years, so that the first trade agreements that were signed , they are really on goods and tariffs on these goods and rates, which could be developed but we now see agreements like the Canada agreements, which I know Natalie will discuss in more detail later, if you look much further as we look at services, we look at the work , we`re looking at access to public procurement, which means we`re almost turning away from this idea of preferential trade to really look at it – and if it gets more. such as regulatory direction. The only new free trade agreement reached by the Clinton administration was a free trade agreement with Jordan, the first with an Arab nation at the time and the first agreement initiated by the United States after the conclusion of the Uruguay Round of the WTO. As the first post-NAFTA agreement, the JFTA was also the first to include opposable environmental and environmental provisions in the text of the agreement and the first to address e-commerce issues61.