
UK Trade Policy Review
International trade has an important contribution to make to living standards in UK. The current government has recognised this and is developing a trade strategy to set out how trade can contribute to its “growth mission”. At the same time, trade policy connects with other concerns, such as climate change and sustainability, economic security, and regional development. Trade policy is also at heart of geopolitical tensions that have escalated over the last few years.
In conjunction with Frontier Economics and the UK Trade Policy Observatory, the Centre for Inclusive Trade Policy is conducting an independent UK Trade Policy Review. This Review is intended to complement the World Trade Organizations’ (WTO) review which is due in 2025.
The Review will provide an impartial assessment of UK trade policy, based on rigorous analysis of evidence and input from policymakers, stakeholders, civil society, UK citizens and experts.
The Review will identify the UK’s approach to trade policy including the policy tools used, key priorities, policy decision-making processes, who is involved in the decision making and who benefits and who loses. It will look at sectoral case studies and provide recommendations on how to improve trade policy formulation and outcomes for productivity, growth and the economy as well as how to address pervasive policy issues, identify priorities and manage trade-offs.
Aims
This UK Trade Policy Review will focus on trade policy effectiveness and coherence with broader policy objectives and concerns.
While the WTO report focuses largely on a detailed analysis of specific trade measures and sectoral issues, our Review will address issues thematically. It will address the way trade policy interacts with key issues, such as sustainability, economic security, regional development, industrial policy in a digital age, and inclusiveness.
The Review will comprise a holistic evaluation of the UK’s trade policies, addressing a major gap in the UK trade policy formulation process.
Key Dates
Post-election roundtables
September to December 2024
Citizens Jury (Public Engagement)
November 2024
Consultation on ‘the future of UK Trade Policy’
January 2025
Citizens Jury Results
March 2025
Industry roundtable events
May 2025
Final Report published and launch events
September 2025
The Team
UK Trade Policy Review Partnership
CITP in conjunction with Frontier Economics and the UK Trade Policy Observatory.