ISDS Case Map
UK
United Kingdom
The move is likely to increase opposition fears that Boris Johnson’s government is using Britain’s exit from the European Union to drive through policy in an opaque way and will rush into trade deals, with unintended consequences.
The deal with Australia could be completed as soon as March, Britain’s talks with Australia being likely to conclude before similar negotiations with New Zealand and the United States.
Plans are expected to be further formalised during the visit of Prime Minister Boris Johnson to India in the coming months.
The UK is reportedly just weeks away from closing a free trade deal with New Zealand that will see tariffs slashed on wine, gin and cars.
Minister hopes FTAs with UK, EU will be finalised this year.
UK has already inked post-Brexit trade deals with 13 African countries.
These new agreements, which offer duty-free and quota-free access to
British markets, aren't much different to the old ones, as they are mainly transferring the conditions in the EU deals into bilateral agreements between the UK and the African nation, or blocs.
The battle between ConocoPhillips and Vietnam result could mark a significant shift in the way huge multinationals fight off the threat of taxes from desperate revenue authorities in developing countries.
Britain will soon submit its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, trade minister Liz Truss said.
The government has narrowly defeated a move requiring the government to reconsider any trade deal with a country found by the high court to be committing genocide.
The UK will begin talks with the European Union this week on how regulators will cooperate over financial services now Brexit has been completed.
