Post-Brexit Britain: Its Relations with the EU and Its Future in the Framework of Multilateral Institutions

Russian Economic Developments. Moscow. 2016, No 7, pp. 59-63

5 Pages Posted: 29 Jul 2016

See all articles by Marina Larionova

Marina Larionova

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Center for Studies of International Institutions

A. Sakharov

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Center for Studies of International Institutions

Andrey Shelepov

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Center for Studies of International Institutions

Date Written: July 28, 2016

Abstract

In the next two years, the UK will be faced with a complicated geopolitical situation. The relations with its two key partners – the EU and the USA – will be changed. The USA, when dealing with European issues, will begin to rely on Germany rather than on the UK. It will be necessary to negtiate with the EU a new relationship model that will envisage that the UK should not participate in the decision-making process inside the European Union, and should have no internal influence there. Simultaneously, there will be a need for negotiations on new trade agreements with a number of countries that are not EU member states, because the UK, once it has withdrawn from the US, will automatically fi nd itself outside of the international trade agreements concluded on behalf of the EU, including those in the framework of the WTO.

Keywords: Russian economy

JEL Classification: E31, E43, E51

Suggested Citation

Larionova, Marina and Sakharov, A. and Shelepov, Andrey, Post-Brexit Britain: Its Relations with the EU and Its Future in the Framework of Multilateral Institutions (July 28, 2016). Russian Economic Developments. Moscow. 2016, No 7, pp. 59-63. Available at SSRN: https://ssrn.com/abstract=2815474 or http://dx.doi.org/10.2139/ssrn.2815474

Marina Larionova (Contact Author)

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Center for Studies of International Institutions ( email )

A. Sakharov

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Center for Studies of International Institutions ( email )

Moscow
Russia

Andrey Shelepov

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Center for Studies of International Institutions ( email )

Moscow
Russia

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