Brexit round-up – 01/04/21
1st April, 2021
Welcome to this, our latest Brexit round-up. Each week we provide a succinct round-up of the latest news surrounding the Brexit process, so you can keep abreast of the issues which are likely to affect your organisation.
Iceland consents to UK being invited to deposit instrument of accession to 2007 Lugano Convention
The Federal Department of Foreign Affairs of Switzerland, in its capacity as Depository for the 2007 Lugano Convention, has published a letter notifying the other contracting parties that Iceland has consented to the UK being invited to deposit its instrument of accession to the 2007 Lugano Convention. Consent was also recently given by Switzerland, on 8 March 2021. The Convention, which governs jurisdiction and the enforcement of judgments in civil and commercial matters between EU member states and Norway, Iceland and Switzerland, originally applied to the UK by virtue of EU membership. Until the end of the UK-EU transition period, it continued to be treated as applying to the UK. To accede to the Convention, the UK will need to obtain the unanimous agreement of the other contracting parties and follow the formal accession procedure set out in the Convention.
For more information please click here.
UK and Thailand agree to explore new opportunities to increase trade and investment ties
Following a Joint Trade Review carried out by the UK and Thai governments over the last year, to explore opportunities to increase trade and investment in each other’s countries, both countries have now committed to strengthening trade ties. The UK’s International Trade Secretary, Liz Truss, and Thailand’s Minister of Commerce and Deputy Prime Minister, Jurin Laksanawisit, have signed a Memorandum of Understanding, under which they have established the Joint Economic and Trade Committee and agreed to discuss resolving market access barriers for both sides in the food and drink, fisheries and agricultural sectors and increasing access to each other’s financial services markets.
For more information please click here.
If you have any questions about any of the issues which are raised, or would like to discuss your own organisation’s options during the Brexit process, please do not hesitate to get in touch.
Please note that this briefing is designed to be informative, not advisory and represents our understanding of English law and practice as at the date indicated. We would always recommend that you should seek specific guidance on any particular legal issue.
This page may contain links that direct you to third party websites. We have no control over and are not responsible for the content, use by you or availability of those third party websites, for any products or services you buy through those sites or for the treatment of any personal information you provide to the third party.
