Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Are Brexiteers right to say UK can soften no-deal Brexit?

Politics Explained: Claims that Britain could choose to have no tariffs with the EU for up to a decade are not all that they seem

Sean O'Grady
Sunday 23 June 2019 14:56 BST
Comments
Mark Carney rubbishes Boris Johnson on Gatt 24 & no-deal Brexit

Article 24 is part of the rule book of the 1947 General Agreement on Tariffs and Trade, the forerunner of today’s World Trade Organisation (WTO). It is a cornerstone of international trading arrangements.

Some Brexiteers say that it allows for existing UK-EU trading relationships – no tariffs – to be extended for up to 10 years in the event of a no-deal Brexit. But this is only partially correct.

Legally, such an arrangement cannot be simply demanded or claimed by the UK as of right. The other party involved – the European Union which acts as one entity for such purposes – would have to agree to such an arrangement.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in