From the Centre for European Reform, this is the CEO podcast.

It is a critical moment.

If we do not act with urgency, we would then severely undermine the liberal order.

Brexit means Brexit, and we're going to make a success of it.

The wind is back in Europe's sales.

We have now a window of opportunity, but it will not stay open forever.

Hello and welcome to another CEO podcast.

My name is Sophia Bashan. I'm here today with Sam Lowe,

who's a senior research fellow at the CER. Hi Sam. Hello. Sam, you're here to talk about the

customs union and you and I have talked about the customs union before many a time and you've written

quite a few pieces on this topic. Why did you, why did we feel like

this podcast needed to happen? A customs union is something that I think I've written and spoken

about more than any other subject in the last two years and the reason I think we still need to

continue speaking about it is that no one, no one seems to know what it is. So everything I've written and said before has failed to make the impact I would have hoped.

And there's a lot of confusion.

And more importantly, I think the reason we still need to talk about it

is despite what's happening with the Conservative Party right now

and its implosion and the uncertainty as to what's to come with Brexit. The UK being in

a customs union for a period of time, if not for forever, is still a very plausible outcome. So I think

it's important that we clarify what being in a customs union is, what it means, what it allows us

to do and what it stops us from doing. What is being a customs union is, what it means, what it allows us to do and what it stops us from doing.

What is being a customs union? What does it mean? What does it allow us to do and what does it stop us from doing some?

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