Re: What? No Mention?
Originally Posted by
Percy Vere
->
Hang on a mo. Hold yer foot up (as my late lamented father would say). I don't understand. If the guarantees are "NON-ENFORCEABLE", what's the bloody point of having them?
It's legalese to show good intent.
Nothing more.
The whole thing about trade deals is often in fact a bit of an illusion; the EU's often more-so.
They (trade deals) aren't necessary and they can restrict who you trade on best terms with, as we know from our experiences with the EU.
We have traded with other countries for centuries without "deals" and now the WTO has rules.
There is a large school of thought which suggests free trade is the best way; it has worked for millenia and caused less problems than trade deals after all BUT a disadvantage is that the biggest (& cheapest) will win!
That's why we see unions and groups clubbing together to make a deal.
The "non-enforcable" bit keeps things friendlier than the stance of some "we will punish you for it" other types of deal.
The EU for example often limit amounts of "stuff" and even timings.
Example: The EU can only import oranges when it doesn't put Spanish orange producers at risk and even then only so many.
That doesn't really do Spanish farmers or EU citizens any good because A/ Spanish orange growers don't have to be efficient AND they can charge more; and B/ EU citizens pay more for oranges because cheaper, more-efficient growers erlsewhere aren't allowed to compete.
(Protectionism)
If Spanish orange producers were encouraged to be more competetive and more efficient they could probably sell more beyond EU boundaries, increasing trade and at the sime time making oranges cheaper for EU citizens PLUS (the modern-day "biggie") reducing their carbon footprint at the same time.