EXTERNAL ACTION / Trade

EU and UK will no doubt have to renegotiate their WTO quotas with major partners

Brussels, 10/10/2018 (Agence Europe)

At a meeting on Tuesday 9 October of the market access committee of the World Trade Organization (WTO), some twenty member countries formally expressed concern about the procedure for sharing out the European Union’s tariff rate quotas (TRQ) post-Brexit and the content of the United Kingdom’s tariff lists.

The reticent countries include the EU's major trading partners, such as the USA and China, but also Japan, India, Canada, Brazil and Australia.

These countries have raised objections...