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UK Scopes Out Foreign Trade Options As Legal Challenges Continue on "Brexit"

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UK officials have continued exploring options for deepening ties with other trading powers in a post-“Brexit” world, as legal challenges continue on home soil regarding whether the government has the authority to launch exit talks with the European Union without first gaining parliamentary approval. The UK’s Supreme Court is now considering the issue, after the country’s High Court ruled last month that legislators needed to first give consent. Government officials say that their appeal will likely be heard by the court in early December, though a result may not come until later that month or even in early 2017. UK Prime Minister Theresa May has indicated that she plans to launch exit talks with the European Council by the end of March 2017, at the latest. (See Bridges Weekly, 6 October 2016 ) UK-India trade talks coming up? Among the most recent developments on the foreign trade front was a bilateral meeting between May and her Indian counterpart, Prime Minister Narendra Modi, last week. The gathering in Delhi marked UK Prime Minister Theresa May’s first trip outside Europe in her new leadership role, with the premier referring to India as a “natural partner for Britain.” “We are both firm supporters...

Tags: United Kingdom, European Union (EU), Regional Trade Agreements (RTAs), United Kingdom

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