International Trade Law: Addressing Post-Brexit Trade Uncertainties

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Added on  2022/09/18

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This report addresses the challenges faced by commercial entities engaged in international trade between the UK and EU post-Brexit, particularly regarding the enforcement of court judgments. It highlights the potential difficulties arising from the UK's departure from the EU, such as changes in trade agreements and customs procedures. The report emphasizes the need for businesses to adapt to new trade policies and regulations, including potentially revising operational models and seeking new trade deals. It suggests that companies should actively engage with the government to influence trade policies and mitigate uncertainties. The report concludes by emphasizing the importance of proactive measures to navigate the evolving legal landscape and ensure continued trade viability.
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Running head: INTERNATIONAL TRADE LAW
International Trade Law
Name of the Student
Name of the University
Author’s note
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1INTERNATIONAL TRADE LAW
Table of Contents
Introduction................................................................................................................................1
Discussion..................................................................................................................................1
Conclusion..................................................................................................................................2
References..................................................................................................................................3
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2INTERNATIONAL TRADE LAW
Introduction
The paper tends to highlight the challenges that a commercial entity would face due to
uncertainty in the enforcement of the judgement of the court after the Brexit case. Suitable
advices are provided in this context.
Discussion
The enforcement of the Brexit laws would bring about many changes in the trade
relationship between UK and the member states of European Union. An entity which has
been involved in the sale of goods between the European Union and UK is likely to face
many challenges. One of the challenges could be additional customs procedures.1 If the
existing trade agreements could be rolled over by UK, the relationship would be preferential
for the entity. Another solution for this problem could be a revised operation model for the
entity. The adjustments that should be made would be influenced by many factors such as
access to markets, existing approvals, arrangements in the supply chain and requirements for
being in compliance with the governance. It is also to be ensured by the business to bring up
the challenge to the existing government. There should be a factor that would drive the
negotiating stance and there should development of a new trade policy.2 There should be
introduction of multiple trade policies. These should be adopted quickly such that the entities
could adapt quickly to the new trading policies and regulations.
Against all of this, the entity could trade off better deals as for UK it would be better
to negotiate deals independently than being under European Union. This might be one of the
advantages of the Brexit implementation. Until the uncertainty is removed, the challenges
would still persist.
1 Bently, Lionel, and Brad Sherman. Intellectual property law. Oxford University Press, USA, 2014.
2 Weatherill, Stephen. Cases and materials on EU law. Oxford University Press, USA, 2014.
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3INTERNATIONAL TRADE LAW
Conclusion
From the above paper it can be concluded that the uncertainties lead to problems in
maintaining the trade relationship between UK and EU. Under this context, suitable
recommendations are provided for mitigating the issue up to a certain extent.
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4INTERNATIONAL TRADE LAW
References
Bently, Lionel, and Brad Sherman. Intellectual property law. Oxford University Press, USA,
2014.
Weatherill, Stephen. Cases and materials on EU law. Oxford University Press, USA, 2014.
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