This episode examines a new independent review of UK trade policy conducted by the Centre for Inclusive Trade Policy, UK Trade Policy Observatory and Frontier Economics. Moving beyond description, the discussion focuses on how and why UK trade policy is evolving in a post-Brexit environment shaped by geopolitical fragmentation, economic security concerns, and competing domestic priorities.
Moderated by Javier Gutierrez, Counsellor, External Relations, WTO, the conversation brings together Michael Gasiorek, Director, UKTPO and CITP and Amar Breckenridge, Senior Associate, Frontier Economics, to unpack the methodology, findings, and implications of the review.
Key Takeaways
UK trade policy remains anchored in multilateral principles but is increasingly constrained by global geopolitical shifts.
Economic security is now a dominant policy driver, often in tension with growth and efficiency.
There is a clear gap between stated policy goals and implementation, particularly on sustainability and inclusiveness.
Greater transparency, stakeholder engagement, and policy evaluation are needed to improve effectiveness.
The current global environment challenges the assumptions underpinning traditional UK trade strategy.
Chapters
00:00 Introduction to Trade Policy Review
02:38 The Importance of Transparency in Trade Policy
05:05 UK's Independent Trade Policy Post-Brexit
08:06 Engaging Stakeholders in Trade Policy
10:24 Insights from the Citizens' Jury
13:09 Mismatch Between Government and Public Priorities
15:39 Economic Security vs. Growth
18:17 Sustainability and Inclusivity in Trade Policy
20:11 Key Findings of the Trade Policy Review
23:32 Economic Security and Digital Transformation
27:55 Sustainability and Inclusion Challenges
32:14 The Role of Middle Powers in Trade
34:25 Replicability of the Trade Policy Review Model
39:01 Final Thoughts on Trade Policy Challenges
Resources Mentioned
UK Trade Policy Review
WTO Trade Policy Review mechanism
CITP’s Animation on Improving UK Trade Policy
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