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EU-UK FTA leaves open the prospect of future conflict

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EU/UK

The agreement offers zero quotas and tariffs on most goods, but there is little coverage on services while trade flows face disruption from significant non-tariff barriers.

Brexit’s long-term impact on Ireland will be modest

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IRELAND

The agri-food industry will be particularly hurt by new customs and regulatory checks, as will pharmaceuticals and chemicals, electric and electronic machinery, and wholesale and…

Prospects for a close EU-UK trade deal are not good

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UK/EU

UK-EU trade talks.

Anti-Mexico moves would be a net loss for US economy

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MEXICO/US

The prospect of more protectionist US trade policies under Donald Trump’s presidency is already having a disruptive effect on business investment decisions, supply chains and…

USMCA could influence future trade deals’ focus

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NORTH AMERICA

US President Donald Trump has left the Trans-Pacific Partnership and escalated trade frictions with China. The USMCA, by contrast, shows a trade deal renegotiated, the…

Many factors will restrict Russia’s recovery in 2023

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RUSSIA

This turnout was a far milder contraction than the many assessments made at the outset of the invasion of Ukraine of its likely impact on the Russian economy. It prompted a public…

Seoul and Tokyo thaw promises multiple benefits

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SOUTH KOREA/JAPAN

The removal of politically motivated restrictions by both sides has set the stage for the expansion of bilateral trade and investment and for cooperation in a number of areas.

War threatens lasting risks for Germany’s economy

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GERMANY

The impact of the war in Ukraine, and Western sanctions on Russia, is already harming the economy through higher energy and consumer prices plus trade disruption. The German…

Saudi Aramco-SABIC merger will raise strategy concerns

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SAUDI ARABIA

This will be used to meet part of the costs of acquiring a controlling stake in Saudi Basic Industries Corporation (SABIC), the kingdom’s principal petrochemical producer. Aramco…

EU-UK relations enter a decisive period

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EU/UK

The proposals are ambitious and bring both sides closer on some important issues, such as agrifood trade and customs paperwork. However, the proposals ignore UK demands to remove…