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Brexit faces problems at the Northern Irish border


The Office for National Statistics finds similarly that total EU-UK trade has shrunk by 20 per cent. And a model constructed by John Springford of the Centre for European Reform, a think-tank with offices in both London and Brussels, concludes that goods trade is 11 per cent lower than it would otherwise have been, on top of an earlier 10 per cent fall since the referendum.
Such numbers suggest that what was once dismissed as project fear is now project fact. A survey by consultants at Ernst & Young found that 75 per cent of firms had experienced business disruption from Brexit.
Small firms found adjusting particularly hard because the EU-UK trade deal was struck just a week before exit, meaning there was no transition period. Services have been particularly hard hit. ....

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EU hammer blow as trade expert brands bloc's accession to CPTPP 'impossible'


EU hammer blow as trade expert brands bloc s accession to CPTPP impossible
Martina Bet
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The CPTPP is a high-quality free trade agreement which binds together Australia, New Zealand, Canada, Japan, Singapore, Vietnam, Mexico, Malaysia, Peru, Chile and Brunei. It covers nearly 14 percent of the global economy. The earlier incarnation of the partnership, the TPP, was originally conceived as an economic pillar supporting former US President Barack Obama s pivot to Asia .
However, US participation was scrapped by former President Donald Trump on his third day in office.
With Democrat Joe Biden in the White House, many are hoping things could change. ....

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