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Post-Brexit Britain: Its Relations with the EU and Its Future in the Framework of Multilateral Institutions
Author(s) -
Marina Ларионова,
Andrey Sakharov,
Andrey Shelepov
Publication year - 2016
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.2815474
Subject(s) - brexit , international trade , political science , international economics , european union , business , economics
In the next two years, the UK will be faced with a complicated geopolitical situation. The relations with its two key partners – the EU and the USA – will be changed. The USA, when dealing with European issues, will begin to rely on Germany rather than on the UK. It will be necessary to negtiate with the EU a new relationship model that will envisage that the UK should not participate in the decision-making process inside the European Union, and should have no internal inuence there. Simultaneously, there will be a need for negotiations on new trade agreements with a number of countries that are not EU member states, because the UK, once it has withdrawn from the US, will automatically nd itself outside of the international trade agreements concluded on behalf of the EU, including those in the framework of the WTO.

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