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Taking back control – all you need to know but never dared to ask about the UK sanctions regime

Taking back control – all you need to know but never dared to ask about the UK sanctions regime
internationallawoffice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from internationallawoffice.com Daily Mail and Mail on Sunday newspapers.

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Back to basics: international trade and supply of services

Introduction
The United Kingdom s departure from the European Union has focused the public conscience on the importance – or otherwise – of free trade agreements (FTAs). Yet, while supply services account for 70% of EU gross domestic product (GDP)(1) and 80% of UK GDP,(2) most of the discourse around FTAs has focused on goods.
This article considers how the international trading rules apply to cross-border trade in services, including:
the basic obligations on World Trade Organisation (WTO) members;
the general exceptions to the rules and the role of FTAs;
challenges for digital trade; and
the key issues for providers of cross-border services.(3)
General Agreement on Trade in Services ....

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Tariff-free trade? Understanding rules of origin

Introduction
Following its exit from the European Union, a key aspect of the United Kingdom s trade policy has been to conclude free trade agreements (FTAs) with other countries and trading blocs (for further details please see Back to basics: free trade agreements ).
To that end, the United Kingdom has been negotiating roll over FTAs to replace the European Union ones.
(1) This includes the most significant of the United Kingdom s FTAs, the Trade and Cooperation Agreement (TCA), which was concluded with the European Union on 24 December 2020.
A clear benefit of an FTA is the ability for businesses to make use of preferential tariff treatment (ie, reduced or zero tariffs and quotas) when shipping their products between parties to the FTA. ....

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Brexit Threats And Opportunities: Britain's New Post-Brexit Relationship With The EU - Finance and Banking

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What are the emerging threats and opportunities of Britain s
post-Brexit relationship with the EU? And, what does the UK s
departure from the European Union mean for you and your
business?
Partner and Head of EU, Trade and Competition, Bernardine
Adkins, joins the King s Business Club, to discuss the
implications of Brexit on UK and EU relations. And, with a distinct
focus on the international trade, economic, and financial impacts,
shares her views on the positive and negative market impacts for
British companies operating out of the ....

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World Trade Organisation: an introduction

Origins
Following World War II, the architects of the Bretton Woods Agreement proposed the formation of an international trade organisation to oversee a new multilateral system of international trade. The international trade organisation was intended to sit alongside the International Monetary Fund (IMF); however, it never came into existence due to opposition in the US Congress, which was concerned that such organisation would encroach excessively on domestic sovereignty. This led to the negotiation of a provisional agreement: the General Agreement on Tariffs and Trade (the GATT).
The GATT was intended to preserve parties tariff reduction commitments until the international trade organisation was established. However, the GATT ended up becoming a permanent framework for the multilateral trading system and was considered to be the default basis. Various negotiations have been held under the GATT, initially relating to tariff reductions but evolving to include other areas ....

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