| Author (Corporate) | United Kingdom: House of Commons: Library |
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| Series Title | Debate Pack |
| Series Details | No.CDP0039 (19.02.18) |
| Publication Date | 19/02/2018 |
| Content Type | Journal | Series | Blog |
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This Debate Pack was compiled in advance of a Westminster Hall debate on the Alternatives to a no-deal outcome in negotiations with the EU held on the 21 February 2018. Further information The UK can leave the EU with or without a withdrawal agreement, but the UK Government has said it wants a smooth and orderly Brexit. Leaving the EU without an agreement would not be smooth or orderly. If for whatever reason there was no withdrawal agreement by 29 March 2019, and no unanimous agreement to extend the two-year period, the EU Treaties would automatically cease to apply to the UK. ‘No deal’ would result in UK-EU trade being subject to general WTO rules, meaning increased barriers to trade in goods, with no preferential tariff agreement and possibly preventing some trade in services. There would be no transitional period and possibly no other agreements with the EU on matters such as data sharing, aviation or customs co-operation. It would also mean significant uncertainty about all the other issues in the negotiations, such as citizens’ rights. Leaving with no withdrawal agreement would not necessarily prevent the two sides from reaching future bilateral agreements on any or all of these matters. But on Brexit day the UK and the EU would not have concluded such agreements. Both sides have said they want to avoid this, but it is still a possibility. Possible ways of dealing with ‘no deal’ in March 2019 were: + Keep negotiating under Article 50 TEU |
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| Source Link | Link to Main Source http://researchbriefings.files.parliament.uk/documents/CDP-2018-0039/CDP-2018-0039.pdf |
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| Countries / Regions | Europe, United Kingdom |
