added link to explain GATT
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JJJ
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Does GATTGATT Article 24 mean that a transitional tariff regime is permitted if the UK leaves the EU without a negotiated exit arrangement?

Article 24, paragraph 5:

Accordingly, the provisions of this Agreement shall not prevent, as between the territories of contracting parties, the formation of… a free-trade area or the adoption of an interim agreement necessary for the formation of… a free-trade area; Provided that:…

Does that mean that in the event of no Withdrawal Agreement being reached before March 29th, the intention to deliver an FTA with the EU is sufficient to maintain the status quo tariff regime in the interim?

Does GATT Article 24 mean that a transitional tariff regime is permitted if the UK leaves the EU without a negotiated exit arrangement?

Article 24, paragraph 5:

Accordingly, the provisions of this Agreement shall not prevent, as between the territories of contracting parties, the formation of… a free-trade area or the adoption of an interim agreement necessary for the formation of… a free-trade area; Provided that:…

Does that mean that in the event of no Withdrawal Agreement being reached before March 29th, the intention to deliver an FTA with the EU is sufficient to maintain the status quo tariff regime in the interim?

Does GATT Article 24 mean that a transitional tariff regime is permitted if the UK leaves the EU without a negotiated exit arrangement?

Article 24, paragraph 5:

Accordingly, the provisions of this Agreement shall not prevent, as between the territories of contracting parties, the formation of… a free-trade area or the adoption of an interim agreement necessary for the formation of… a free-trade area; Provided that:…

Does that mean that in the event of no Withdrawal Agreement being reached before March 29th, the intention to deliver an FTA with the EU is sufficient to maintain the status quo tariff regime in the interim?

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Does GATT Article 24 mean that a transitional tariff regime is permitted if the UK leaves the EU without a negotiated exit arrangement?

Does GATT Article 24 mean that a transitional tariff regime is permitted if the UK leaves the EU without a negotiated exit arrangement?

Article 24, paragraph 5:

Accordingly, the provisions of this Agreement shall not prevent, as between the territories of contracting parties, the formation of… a free-trade area or the adoption of an interim agreement necessary for the formation of… a free-trade area; Provided that:…

Does that mean that in the event of no Withdrawal Agreement being reached before March 29th, the intention to deliver an FTA with the EU is sufficient to maintain the status quo tariff regime in the interim?