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So the UK is finished says Theresa Mayhem


fatshaft

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3 hours ago, P.K. said:

You keep quoting NAFTA as some paragon of a trading bloc when the reality is that it's coiming apart at the seams.

 

If I was an advocate for the EU I think I'd steer well clear of the words "coming apart at the seams".

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3 hours ago, woolley said:

Frankly, I do think that and naivety doesn't come into it. I am looking at things from the commercial imperative rather than the political rhetoric perspective. Whilst there will inevitably be some jockeying for position, there are very strong financial incentives for proceeding as I have outlined both for third countries and the EU itself. Fundamentally, they don't want to damage their own trade and the best way to achieve that is to co-operate.

There is no point in us yah-booing about this as we will never convince each other. Let's just wait and see what happens.

Don't forget EU standards will no longer apply. So future food providers will be able to eg use pesticides banned by the EU because they harm the environment. So they will produce and sell to the UK lower quality but cheaper. Bad news for UK farmers and possibly the consumer but that's brexit for you.

So it's not actually in the suppliers interest to maintain the status quo and as the UK will be out on a limb they would be foolish not to negotiate a new deal.

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Trying to concentrate the minds at Chequers no doubt.

Good luck with that one....

Airbus chief says ministers have 'no clue' on Brexit

 The chief executive of planemaker Airbus has accused the government of having no idea how to take the UK out of the EU without damaging the country.

Tom Enders said it "still has no clue, or at least no consensus, on how to execute Brexit without severe harm".

He was speaking as ministers prepare to meet at the prime minister's country residence to agree a blueprint for the UK's future relationship with the EU.

Airbus is taking steps to mitigate the impact of Brexit, Mr Enders said.

"Brexit in any form, soft or hard, light or clean - whatever you call it - will be damaging," he added.

https://www.bbc.co.uk/news/business-44735505

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23 hours ago, Freggyragh said:

To try and understand your fantasy I’ll have to accept the super optimistic assumption that the U.K. will be able to smoothly join WTO (which requires a consensus of 164 members).

And, for your benefit I’ll pretend that the EU’s 36 FTAs and all the other favourable trade deals the EU already has don’t exist (the ones that basically cover the whole world, bar Russia and its satellites, North Korea, Cuba, Venezuela, Libya and Iran). 

Now, tell me more about these EU export tariffs  - ‘getting rid of EU export tariffs’ plays much better with me than ‘offering Putin a way around sanctions’, and it’s just about the last card you’ve got. Please don’t let me find out ‘EU export tariffs’ are something you read on a Russian backed conspiracy site. Link, please. 

uk is already a member.....

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no deal here we go......

:D

Quote

Vince Cable @vincecable

The #Brexiteers are smart enough to see that if they sign up to a proposal that David Davis has said is impractical and which the EU won't accept, they can blame the Eu when negotiations break down. This way they get their hard Brexit served on a plate

 

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4 hours ago, woody2 said:

uk is already a member.....

Sorry this is a bit long, but sometimes it’s the only way to explain why your simplistic answers don’t fly. 

Yes, the U.K. is a member now. Membership means nothing without a schedule. For the U.K. and EU to remain members after Brexit (if it were to ever happen) they need to agree what their terms of membership (schedules) are. There’s a bit of a problem there with Tariff Rate Quotas. 

TRQs are agreements to allow free trade and /or reduced tariffs in certain products up to certain volumes. For example, let’s say the relevant schedule says the EU has agreed to accept 200,000 tons of lamb from New Zealand. The EU and UK agreed last year on a system of how they would like to fairly divide this 200,000 ton TRQ, based on historical rates of consumption. If the U.K. historically consumed an average of 45% of tariff free lamb, then the UK’s share of the TRQ will be 90,000 tons, and the EU’s 110,000 tons. You might think that the other WTO member countries would have accepted that simplistic solution, but you’d be wrong. At the moment, New Zealand can ship all its lamb to Rotterdam and then forward it to the region of Europe where it can get the best price. If the TRQs are divided up then New Zealand lamb producers are disadvantaged because their ability to ship their product to the region with the best prices is compromised. 

WTO membership means agreed an agreed schedule for the U.K. and as it stands, the men from New Zealand, the US, Australia, Brazil, Argentina, Uruguay, Thailand and Canada; they say no. 

As a result, the U.K. is looking to negotiate its own WTO TRQs (all 100 of them) during the transition period after Brexit. This, of course, is complicating the whole process, and for the U.K. nothing can progress until the U.K.’s trading position with the rest of the single market has been resolved and the other WTO members see what hand the U.K. has to play with. (Of course,  EU is two steps ahead and is ready to renegotiate its WTO schedules via an ‘Article 28’ set of amendments.)

The U.K. is also desperate to join the WTO government procurement agreement in its own right. It applied to join last month and was expecting its EU terms to carry over, but no, there’s been no progress. In the current climate the other 47 members are all looking at how they can improve their positions and see what concessions they can squeeze out of idiot Liam Fox.

Its a tough time for the WTO. Trump is ramping up a trade war and has blocked any new judicial appointments at the WTO. It’s a bad time to go be going looking for deals. 

 

 

 

Edited by Freggyragh
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9 hours ago, Freggyragh said:

Sorry this is a bit long, but sometimes it’s the only way to explain why your simplistic answers don’t fly. 

Yes, the U.K. is a member now. Membership means nothing without a schedule. For the U.K. and EU to remain members after Brexit (if it were to ever happen) they need to agree what their terms of membership (schedules) are. There’s a bit of a problem there with Tariff Rate Quotas. 

TRQs are agreements to allow free trade and /or reduced tariffs in certain products up to certain volumes. For example, let’s say the relevant schedule says the EU has agreed to accept 200,000 tons of lamb from New Zealand. The EU and UK agreed last year on a system of how they would like to fairly divide this 200,000 ton TRQ, based on historical rates of consumption. If the U.K. historically consumed an average of 45% of tariff free lamb, then the UK’s share of the TRQ will be 90,000 tons, and the EU’s 110,000 tons. You might think that the other WTO member countries would have accepted that simplistic solution, but you’d be wrong. At the moment, New Zealand can ship all its lamb to Rotterdam and then forward it to the region of Europe where it can get the best price. If the TRQs are divided up then New Zealand lamb producers are disadvantaged because their ability to ship their product to the region with the best prices is compromised. 

WTO membership means agreed an agreed schedule for the U.K. and as it stands, the men from New Zealand, the US, Australia, Brazil, Argentina, Uruguay, Thailand and Canada; they say no. 

As a result, the U.K. is looking to negotiate its own WTO TRQs (all 100 of them) during the transition period after Brexit. This, of course, is complicating the whole process, and for the U.K. nothing can progress until the U.K.’s trading position with the rest of the single market has been resolved and the other WTO members see what hand the U.K. has to play with. (Of course,  EU is two steps ahead and is ready to renegotiate its WTO schedules via an ‘Article 28’ set of amendments.)

The U.K. is also desperate to join the WTO government procurement agreement in its own right. It applied to join last month and was expecting its EU terms to carry over, but no, there’s been no progress. In the current climate the other 47 members are all looking at how they can improve their positions and see what concessions they can squeeze out of idiot Liam Fox.

Its a tough time for the WTO. Trump is ramping up a trade war and has blocked any new judicial appointments at the WTO. It’s a bad time to go be going looking for deals. 

 

 

 

the uk has a seat independent of the eu.....

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