Wales EU Referendum Result/Turnout
Sabine Weyand is the European Commission’s Deputy Chief Negotiator for Brexit. Ms Weyand has spent more than two decades working in the European Commission and has previously played key roles in the proposed Transatlantic Trade and Investment Partnership (TTIP) negotiations with the United States and the successful Comprehensive Economic and Trade Agreement (CETA) negotiations with Canada.
A withdrawal agreement setting out the terms of the UK’s exit from the EU must be agreed and ratified by both the EU and UK by 29 March 2019. The purpose of the Withdrawal Agreement is to disentangle the existing EU-UK relationship and provide for an ‘orderly withdrawal’ of the UK from the EU. On 28 February 2018, the European Commission published the draft Withdrawal Agreement based on joint commitments reached between the EU and UK in the first phase of negotiations.
World Trade Organisation (WTO)
The World Trade Organisation (WTO) is an intergovernmental organisation that regulates international trade by providing a framework for negotiating trade agreements as well as a dispute resolution process. The dispute resolution process is aimed at ensuring trading countries’ compliance with WTO agreements, which are negotiated and signed by those countries. In the potential scenario of a ‘no deal’ Brexit, the UK and the EU could revert to trading with each other under WTO rules. Trade between Ireland and the UK under WTO rules could mean some agri-food products would face tariffs of over 50 per cent.