What Next? Bhala explores Brexit and its impact across the globe

A look at Brexit and its impact across the globe, including here in KC. What's the professional and personal impact on people in the Midwest, and how will it affect our future?

Guests:
Raj Bhala, Associate Dean for International and Comparative Law, Rice Distinguished Professor, KU School of Law
Bart Dean, Associate Professor, Department of Anthropology at KU

KU international trade law expert reacts to Brexit, says U.S. should prioritize trade agreement with Britain

"Brexit’s effects on trade will be felt by locales worldwide, and it may surprise some that even includes Kansas, says an international trade law expert from Kansas University.

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Businesses in Kansas dealing in everything from wheat to beef to GPS technology to aerospace equipment have been accustomed to being able to sell in all 28 EU countries under one set of trade rules, Bhala said. Now if they want to keep selling in Britain, they’ll have to follow two sets of rules.

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Free Trade Deals Could Marginalize WTO as Negotiating Forum

"Free trade agreements like the Transatlantic Trade and Investment Partnership (TTIP) could further undermine the World Trade Organization’s function as a negotiating forum, former delegate to the UN Convention on International Trade Law Raj Bhala told Sputnik.

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The World Trade Organization, Bhala asserted, will remain a key mechanism for trade policy review and dispute settlement, but its third primary function as a negotiating forum for broad deals that include all countries is at risk.

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TPP Should Alarm Gulf States as US Turns to Pacific Rim

"On Monday, 12 Pacific Rim countries, including the United States, reached a consensus on the wording and subject matter of the TPP free trade agreement.

'This TPP ought to send shockwaves across the Gulf, because… it is showing that the United States is serious about re-balancing its focus out of the Middle East and towards the Asia Pacific region,' Raj Bhala, who is also a University of Kansas Law Professor, said."

 

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