Summary of Four Principles for the UK's Brexit Trade Negotiations

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

Four Principles for the UK's Brexit Trade Negotiations summary
Start getting smarter:
or see our plans




  • Applicable


At the 2016 Tory Party Conference, the UK prime minister, Theresa May, announced her intention to trigger Article 50 – the formal start to the United Kingdom’s breakaway from the European Union – before the end of March 2017. Once set in motion, both parties will have just two years to reach an agreement. London School of Economics assistant professor Thomas Sampson outlines an applicable negotiation strategy to help the United Kingdom emerge from these high-pressure negotiations with a favorable, if not perfect, outcome. getAbstract recommends this analysis to economists, lawyers and readers interested in the global economy.

About the Author

Thomas Sampson, PhD, is an assistant professor and lecturer at London School of Economics and Political Science.



When negotiating new trade agreements with the European Union, four principles should guide the United Kingdom’s strategy to help it make “the best of a bad hand”:

  1. “You get what you give” – The United Kingdom must offer trading partners something of value if it wants to get something of value in return. The government shouldn’t begin negotiations without first determining what it is willing to concede and what it expects in return. For example, if the United Kingdom hopes to continue participating in the European Union’s single market, it must make a “sufficiently attractive offer”; otherwise, the European...

More on this topic

Customers who read this summary also read

The Government's Negotiating Objectives for Exiting the EU
The Inside Story of How David Cameron Drove Britain to Brexit
Did Austerity Cause Brexit?
This is What No-Deal Brexit Actually Looks Like
Political Declaration Setting Out the Framework for the Future Relationship Between the European Union and The United Kingdom
Putin Sees and Hears it All

Related Channels

Comment on this summary