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.
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