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So the UK is finished says Theresa Mayhem


fatshaft

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2 hours ago, woody2 said:

took aus 18 months to do a deal with the usa, how long has it taken for a eu-usa deal.....

As I said previously - all existing trade deals are via membership of the EU. They will all need to be renegotiated. When Britain leaves the EU it will have no trade deals with the rest of the world. And the UK is unlikely to have the capacity to quickly negotiate new deals. Liam Fox enthusiastically believes that the UK will inherit existing EU trade agreements. But that's a hope and not a promise. It seems just as likely that some, perhaps many countries, will be looking for a better deal for themselves.

And not just trade deals. All sorts of other treaties and bilateral agreements will also have to be renegotiated. Many hundreds. It will surely cost a fortune and take decades.

WRT the US / EU: Previously you mentioned the insurance business - insurance is one of the areas covered by existing arrangements between the USA and the EU.

I doubt that there will ever be a trade agreement between the US and Britain - because the US will never open up financial services - and because the UK will refuse GM foods (Gove repeated this yesterday). Completely different from Australia which is, frankly, economically almost irrelevant in this context.

 

Edited by pongo
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1 hour ago, pongo said:

As I said previously - all existing trade deals are via membership of the EU. They will all need to be renegotiated. When Britain leaves the EU it will have no trade deals with the rest of the world. And the UK is unlikely to have the capacity to quickly negotiate new deals. Liam Fox enthusiastically believes that the UK will inherit existing EU trade agreements. But that's a hope and not a promise. It seems just as likely that some, perhaps many countries, will be looking for a better deal for themselves.

And not just trade deals. All sorts of other treaties and bilateral agreements will also have to be renegotiated. Many hundreds. It will surely cost a fortune and take decades.

WRT the US / EU: Previously you mentioned the insurance business - insurance is one of the areas covered by existing arrangements between the USA and the EU.

I doubt that there will ever be a trade agreement between the US and Britain - because the US will never open up financial services - and because the UK will refuse GM foods (Gove repeated this yesterday). Completely different from Australia which is, frankly, economically almost irrelevant in this context.

 

thats not what the eu have put forward with the uk agreeing in the talks that have already started....

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21 minutes ago, woody2 said:

thats not what the eu have put forward with the uk agreeing in the talks that have already started....

It won't be for the EU to decide. That's a red herring. Mrs May specifically addressed this issue during her trip to Japan.

Quote

London will seek to convince dozens of trading partners with which the EU currently has free-trade deals to give it the same level of trade access for a limited amount of time as it negotiates its future trading relationship with the EU, British Prime Minister Theresa May said Wednesday.

...

To what extent May’s plan to co-opt EU trade terms will work remains to be seen. For one, the share of the U.K.’s import quota on sensitive items such as lamb and milk will have to be carved out of the EU’s trade deals and then reapplied to the U.K., which Britain’s trading partners would have to agree to. “It’s not a slam dunk,” said Peter Chase, a senior research fellow at the German Marshall Fund to the United States in Brussels, referring to the prospect of transferring the EU’s trade deals over to the U.K.

UK wants to copy and paste EU trade deals after Brexit - Politico 30/8/17 

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barmy barnier....

"six months after the French minister of defence issued a call for solidarity to all his European counterparts to join forces to fight the terrorism of [the so-called Islamic State]".

"Never had the need to be together, to protect ourselves together, to act together been so strong, so manifest," he said.

"Yet rather than stay shoulder to shoulder with the union, the British chose to be on their own again."

so uk exit is to blame for IS and terrorism:lol:

nothing to do with the eu allowing millions of muslims in unchecked.....

http://www.bbc.co.uk/news/uk-politics-42166307

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