The Need to See the Wood Despite the Trees: The High Stakes of the EU-UK Talks on Their Future Relations

With just six weeks before the Brexit transition period expires on 31 December 2020, a framework for a trade deal between the UK and EU is far from certain. The United Kingdom is the world's sixth largest economy, and the prospect of it leaving the EU single market and customs union without any...

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Published in:Policy File 2020
Main Author: Biskup, Przemyslaw
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Language:English
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The Polish Institute of International Affairs
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description With just six weeks before the Brexit transition period expires on 31 December 2020, a framework for a trade deal between the UK and EU is far from certain. The United Kingdom is the world's sixth largest economy, and the prospect of it leaving the EU single market and customs union without any agreement increases the economic and security risks for Europe. But there is still an option for at least a basic "barebones" free trade agreement, which should be explored to enable an orderly transition to a new EU-UK relationship and its future upgrading.
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