There's no escaping talk of Brexit this week. The process is finally underway, and the UK and EU are starting to set out their stalls for the negotiation process.
The article below from Eversheds Sutherland is timely as CLT has just launched a brand new course looking at what Brexit means for EU public procurement. It looks at the various options/models that we could end up with and helps legal advisors to understand the implications for their or their clients' businesses. Find out more at http://www.clt.co.uk/course/public-procurement-preparing-for-brexit/.
On the day the UK ceases to be an EU member, absent a new trade deal with the EU or some form of an interim arrangement, UK suppliers will automatically lose access to the public procurement markets of the EU but also those of the other signatory parties to the WTO’s Agreement on Government Procurement (GPA). The GPA is a non-obligatory “plurilateral” agreement between certain members of the WTO through which signatory parties agree to grant fair and transparent access to at least certain parts of their public procurement markets to each other’s suppliers. UK suppliers currently have access to GPA public procurement markets by virtue of the fact that the EU is a party to that agreement. In addition to the EU, GPA parties include the US, Canada, Japan and South Korea.