Is WTO Article 24 the UK’s Secret Weapon? - Brexit Explained

The video discusses Article 24 of the General Agreement on Tariffs and Trade (GATT) and its potential use as a solution for the UK to trade tariff-free with the EU post-Brexit. It explains the historical context of GATT, its evolution into the World Trade Organization (WTO), and the implications of WTO rules. The video also examines the challenges and criticisms of using Article 24, including the need for mutual agreement between the UK and EU, and the potential for veto by any of the 164 WTO member nations. Expert opinions suggest that Article 24 is not a viable solution for Brexit-related trade issues.

What does the term 'interim agreement' mean in the context of Article 24?

Why has Article 24 never been triggered since the WTO's creation in 1995?

In what way does Article 24 relate to the Irish border issue?