Here's how the UK should negotiate in Europe—and how the right approach could lead to the (seemingly) unthinkableby Tim Cullen / June 27, 2017 / Leave a comment
On the morning of 24 June last year, we awoke to the realisation that something historic had occurred—and that no one had prepared for it.
Since then, a generally strong economy was seized on as repudiation of the warnings of a Brexit-fuelled collapse. But Brexit hasn’t yet happened, and the economic indicators are now becoming inauspicious.
The multifaceted negotiations to separate from the EU and forge new global agreements are unprecedented in their breadth and complexity. The first rule of any negotiation is to prepare extensively and establish clear objectives—but one year on, conversations with leading trade (and other negotiators) suggest that the talent pool in Whitehall is still far from being filled. The UK remains woefully ill-prepared, in stark contrast to their negotiation counterparts in Brussels and beyond.
The reality is that negotiating many trade treaties simultaneously will be a gargantuan task that will take a very long time. The most recent model is the Comprehensive Economic and Trade Agreement (CETA) between Canada and the EU, which took seven years to negotiate, comprised 30 chapters, and ran to 2,255 pages.