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In a new report published today, Open Europe concludes that leaving the EU’s Customs Union is the only logical step for the UK to pursue an independent trade policy and achieve a truly ‘Global Britain’ outside the EU.
27 March 2017
As UK Prime Minister Theresa May prepares to trigger the Article 50 EU exit mechanism on Wednesday, Open Europe has published a new report, entitled, ‘Nothing to declare: A plan for UK-EU trade outside the Customs Union.’
The study concludes that leaving the EU’s Customs Union is the only logical step for the UK to pursue an independent trade policy and achieve a truly ‘Global Britain’ outside the EU. Open Europe assesses different models of collaboration outside a customs union, and argues that the UK and the EU should aim for full cooperation on the practicalities and administration of customs as part of a comprehensive UK-EU free trade deal.
The extended version of the executive summary is available here.
To read the full report, click here.