06-10-2018, 02:14 PM
203
Re: Not going too well for Brexit!!!
Originally Posted by swimfeeders
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HiFree Trade Agreements do take years to sort out, whether or not the EU are involved, it is the nature of the beast.
They are incredibly complicated and run to hundreds of pages.
We have not done one for decades, the EU have done them, we do not have the expertise of people to do them.
The Asean China Free trade agreement took 10 years without any involvement from the EU at all.
If the EU was happy to sign up to it, with Canada, why not with us?
06-10-2018, 02:59 PM
204
Re: Not going too well for Brexit!!!
Originally Posted by Tedc
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Can't see why we don't just take a copy of the Canada deal, change all references to Canada to refer to the UK, instead, and put it through Parliament the same night.If the EU was happy to sign up to it, with Canada, why not with us?
1. They don't want to encourage other EU countries to do the same.
2. They want our money!
06-10-2018, 05:23 PM
205
Re: Not going too well for Brexit!!!
Originally Posted by JBR
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Two reasons as far as I can see.1. They don't want to encourage other EU countries to do the same.
2. They want our money!
I do wish (if capable) that you would do some research before spouting nonsense.
Now for the not-so-good stuff. Some agricultural products deemed sensitive (e.g. eggs or chicken and turkey meat) are not covered by CETA, while for some others (e.g. beef or sweetcorn) duty-free access will only be granted for limited quantities. In other words, under a Canada-style relationship with the EU after Brexit, UK farmers would be partly exposed to EU tariffs – a step backwards from the current situation.
More generally, with some limited exceptions (e.g. for Canadian carmakers), trade in goods under CETA will be largely based on EU rules of origin – which are used to determine whether a sufficient proportion of a product is actually ‘Made in Canada’ and can therefore benefit from reduced or zero tariffs in the EU. Outside the EU’s customs union, UK exports of goods would need to comply with extra bureaucratic customs checks, which could raise costs particularly for those firms with complex supply chains. Furthermore, the UK would also lose its vote over the setting of EU regulations and product standards. These are all important points, given that the EU would continue to be the UK’s largest trading partner for the foreseeable future no matter the outcome of the June referendum.
But arguably the biggest challenge the EU-Canada deal poses as a potential model for UK-EU relations after Brexit is that it only grants limited services liberalisation – by no means comparable to being a member of the single market. While CETA does introduce further openings in areas such as mining, postal services and maritime transport, hundreds of pages are devoted to listing ‘reservations’ to liberalisation commitments – that is, Canadian and EU carve-outs from the deal.
As regards financial services more specifically, CETA does not prevent the EU and Canada from keeping a number of regulatory and licensing requirements in place. In order to take advantage of the EU financial services ‘passport’, for instance, Canadian firms will have to establish a presence in the EU and comply with EU regulations. Therefore, the ‘Canadian model’ could ultimately make it harder for UK-based financial services firms to sell into the EU market.
06-10-2018, 05:32 PM
206
Re: Not going too well for Brexit!!!
Originally Posted by JBR
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Two reasons as far as I can see.1. They don't want to encourage other EU countries to do the same.
2. They want our money!
It is an EU Deal, nothing at all to do with other EU Countries.
An EU Deal is what it says, it is the whole of the EU.
Canada is a very different Economy to the UK, one size does not fit all.
06-10-2018, 07:45 PM
208
Re: Not going too well for Brexit!!!
Originally Posted by itsme
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Now for the not-so-good stuff. Some agricultural products deemed sensitive (e.g. eggs or chicken and turkey meat) are not covered by CETA, while for some others (e.g. beef or sweetcorn) duty-free access will only be granted for limited quantities. In other words, under a Canada-style relationship with the EU after Brexit, UK farmers would be partly exposed to EU tariffs – a step backwards from the current situation.More generally, with some limited exceptions (e.g. for Canadian carmakers), trade in goods under CETA will be largely based on EU rules of origin – which are used to determine whether a sufficient proportion of a product is actually ‘Made in Canada’ and can therefore benefit from reduced or zero tariffs in the EU. Outside the EU’s customs union, UK exports of goods would need to comply with extra bureaucratic customs checks, which could raise costs particularly for those firms with complex supply chains. Furthermore, the UK would also lose its vote over the setting of EU regulations and product standards. These are all important points, given that the EU would continue to be the UK’s largest trading partner for the foreseeable future no matter the outcome of the June referendum.
But arguably the biggest challenge the EU-Canada deal poses as a potential model for UK-EU relations after Brexit is that it only grants limited services liberalisation – by no means comparable to being a member of the single market. While CETA does introduce further openings in areas such as mining, postal services and maritime transport, hundreds of pages are devoted to listing ‘reservations’ to liberalisation commitments – that is, Canadian and EU carve-outs from the deal.
As regards financial services more specifically, CETA does not prevent the EU and Canada from keeping a number of regulatory and licensing requirements in place. In order to take advantage of the EU financial services ‘passport’, for instance, Canadian firms will have to establish a presence in the EU and comply with EU regulations. Therefore, the ‘Canadian model’ could ultimately make it harder for UK-based financial services firms to sell into the EU market.
As one might expect, the Canada deal is subject to many terms that would benefit the EU!
Oh, if only we had a PM who had the balls to impose somewhat similar restrictions on a deal with the EU. We could start by putting severe limitations on cars, cheese and wine, for example!
Dear me! Perhaps it would be better for us to just walk away right now, well, next March and make our own way in the world. There are plenty of nations all over the world with whom we could deal, initially on WTO terms; later, on mutually beneficial terms.
I am absolutely certain that, having done that, there would be many EU exporters insisting on the dictatorship coming to us asking for a deal!
06-10-2018, 07:49 PM
209
Re: Not going too well for Brexit!!!
Originally Posted by Barry
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Also does not solve the Ireland border problem.
We walk away and let the EU to impose a barrier between North and South.
If they're not up to it, we could have free trade with Ireland!
06-10-2018, 08:17 PM
210
Re: Not going too well for Brexit!!!
Originally Posted by JBR
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Sod the Ireland border.We walk away and let the EU to impose a barrier between North and South.
If they're not up to it, we could have free trade with Ireland!
Absolutely not, we walk away and it is WTO Rules, a Hard Border between the UK and all EU Countries.
I simply cannot understand your oft repeated view that we can split the EU.
We cannot, they have far more to lose and a lot to gain by being united.
The EU has concluded deals with Japan and South Korea.
They have now absolutely no need to keep car manufacturing here in the UK, in fact it will cost them money to do so.
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