Re: The Post Brexit Insurance Conundrum
Originally Posted by
Banchory
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No, you claimed novating agreements with third party countries was becoming the norm
It is clear that you have no understanding of the principles of novation
I said we can novate agreements with 3rd party countries I did not say it was the norm.
It was you who said we don't have enough trade negotiatiors so we would have no trade deals, I simply made the case for using novation to get around this in the short term. It's perfectly OK to do as we have seen in the example I posted regarding the insurance agreement with Switzerland.
You will also find that we have novated agreements with other countries such as Japan and Singapore (plus Canada, Australia which are ongoing). The problem you have is that your getting worried things wont be as bad as you think they will be (or hope they will be ?)
At the end of the day the WTO is there for a reason, and it works very well. 98% of countries use it to trade between each other. The EU, as we are finding out is moving its 27 member states to a no deal Brexit because its simply useless at negotiating anything.