Dr Ioannis Glinavos, Senior Lecturer in Law, wrote an article for The Conversation on whether a country can decide to unilaterally withdraw from an international treaty and if so, whether this could apply to the Brexit deal.
In the article, Dr Glinavos addressed the potential consequences the UK could face if the country would decide to unilaterally withdraw from an international treaty.
He explained: “An example from personal finance is useful here. If you stop paying your credit card bill, this may have legal consequences you can live with. Perhaps a bank or a debt collection agency would be willing to settle with you rather than assume the costs of going to court. Even if you’re not worried about the legal consequences, however, damaging your credit score will impact your future business or ability to get another loan.
“A similar fate awaits a nation that develops a reputation for ignoring its international obligations. ‘Computer says no’ is a frustrating response to anyone applying for a new credit card. It will be a lot worse when trying to replicate a score of international trade deals after Brexit.”