Brexit: WTO Fall-Back Option Not a Safety Net, Major Legal Gaps
The WTO fall-back option after Brexit may not be a reliable safety net. Differences between EU and WTO rules, compliance procedures, and dispute settlement could lead to added costs and delays. The EU-UK relationship involves more than just trade, so relying on the WTO alone may create legal gaps. Therefore, the idea that "no deal is better than a bad deal" is not entirely accurate; the WTO fall-back option may not adequately cover all aspects, especially beyond trade matters.