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Banchory
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08-02-2019, 10:49 PM
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Trade with other nations

Japan has expressed the most interest in getting a trade deal in place with the UK but without the bargaining power of 500M it seems that we will not get a better or even the same deal as the EU

Other countries will likely follow suit, when they can be bothered that is


https://www.google.co.uk/amp/s/amp.t...alks-eu-brexit
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08-02-2019, 11:51 PM
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Re: Trade with other nations

Fake news
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09-02-2019, 02:50 AM
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Re: Trade with other nations

Originally Posted by Bread ->
Fake news
Hi

No it isn't.

Liam Fox, our Cabinet Member for International Trade, has publicly said that we are having difficulty in just replicating the Trade Deals we have as part of the EU and that the majority will not be ready for Leaving Day.
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09-02-2019, 03:11 AM
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Re: Trade with other nations

Don't worry there will be plenty of countries wanting to do free trade deals BUT what are you offering them to make them interested in securing such a deal?

For example Australia can offer you food (we export 65% of what we produce), coal, iron ore, uranium, lithium, lead, gold, silver, copper, nickel and much, much more at very good prices but we have plenty of customers for these things already. What concessions is Britain offering that will make us want to sell to you?

It will be interesting to see what deals are on offer and it could all change if Trump causes a world recession.

BTW I am no expert on International trade these are things our financial press is asking
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09-02-2019, 07:18 AM
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Re: Trade with other nations

We sent a few brits to NZ over the Christmas period to recce the place , if countries don’t give us a good deal then we promise to send them again !
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09-02-2019, 07:22 AM
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Re: Trade with other nations

Originally Posted by Bruce ->
Don't worry there will be plenty of countries wanting to do free trade deals BUT what are you offering them to make them interested in securing such a deal?

For example Australia can offer you food (we export 65% of what we produce), coal, iron ore, uranium, lithium, lead, gold, silver, copper, nickel and much, much more at very good prices but we have plenty of customers for these things already. What concessions is Britain offering that will make us want to sell to you?

It will be interesting to see what deals are on offer and it could all change if Trump causes a world recession.

BTW I am no expert on International trade these are things our financial press is asking
Australia is open to a FTA, but is not going to rush into one.

The following is an extract from a report to the Australian Parliament.

4.92Associate Professor Melatos recommends that it may be to Australiaís advantage not to rush into the trade negotiations with the UK. In order to maximise its return from any trade agreement with the UK post‐Brexit, Australia should:133
4Wait for uncertainties in global trade architecture to be (at least, partly) clarified, including clarification on the UKís trading relationship with the EU.
5Wait for the extent and nature of UK weaknesses to be (at least, partly) clarified.
6Wait for the likely negative economic impact of ĎBrexití to become apparent
Likely lower economic growth due to reduced labour movement, reduced trade on less favourable terms, more contested role in financial services.
7Design the most flexible TA (and investment agreement) consistent with this new reality of likely lower economic growth.
Piggy‐back off any UK trade negotiations with larger economies (including the EU) in order to ensure a more advantageous negotiating baseline.
The UK is unlikely to make significant trade and investment concessions to Australia if these preferences must then be extended (at much greater cost) to TAs with larger countries.



Nobody is rushing to do Free Trade Deals with us, they are waiting to see what happens.

We have agreed with the EU how to split the existing WTO Free Trade Deals we have as part of the EU.

Some WTO Countries have raised objections, which stops us fast tracking these .

The deadline for WTO members to put their reservations to the proposed Goods Schedule in writing was yesterday (October 24), which is three months after the draft UK and EU proposals were circulated on July 24. The EU's draft only concerns splitting existing TRQs, while the UK's includes its commitments and TRQ plans as a single package.

As previously reported by IEG Policy, up to 20 countries including Argentina, Australia, Brazil, Canada, China, India, Japan, New Zealand, Russia and the US have raised objections to the proposals presented by the UK and EU, 15 criticising the EUís draft and 19 objecting to the UKís.

The UK had initially wanted to follow a simple process of "technical correction" to the commitments it currently has in the WTO as an EU member, although it had recognised it might have to bargain over TRQs.


The above is not Fake News, Liam Fox made a statement to Parliament about it on 25th October last year.

What is Fake News is all the rubbish posted about Novation.

That can only be done by agreement, which is not happening.

You will note that some of the objections are from countries which we do not have Free Trade Agreements with, the USA and China in particular.

WTO Rules allows them to make formal objections which can hold things up for years.

I will repeat, I am not against Brexit, I am very critical of the mess we have made of it.

These proposals should have been made on the day we invoked Article 50, not with only a few months to leaving day.
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09-02-2019, 08:10 AM
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Re: Trade with other nations

Originally Posted by Bread ->
Fake news
No itís not on the fake news sites you usually quote from because it happens to be genuine. An anathema to you I know, but there you go 😀

Youíre also the proponent of the fake news Novation claptrap that I and now Swimfeeders has bebunked
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09-02-2019, 10:19 AM
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Re: Trade with other nations

Originally Posted by Banchory ->
No itís not on the fake news sites you usually quote from because it happens to be genuine. An anathema to you I know, but there you go 😀

Youíre also the proponent of the fake news Novation claptrap that I and now Swimfeeders has bebunked

You haven't debunked anything.

Funny how you keep bigging yourself up and telling every one how clever you are

It's really funny

What exactly are these concessions Japan want?
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09-02-2019, 10:50 AM
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Re: Trade with other nations

Originally Posted by Bread ->
You haven't debunked anything.

Funny how you keep bigging yourself up and telling every one how clever you are

It's really funny

What exactly are these concessions Japan want?
Hi

It is not prepared to offer the same terms and wants to renegotiate from scratch.

https://www.ft.com/content/5ce60af2-...b-ff8ef2b976c7

The same report is in the Telegraph, behind a paywall.
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09-02-2019, 11:03 AM
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Re: Trade with other nations

Originally Posted by swimfeeders ->
Hi

It is not prepared to offer the same terms and wants to renegotiate from scratch.

https://www.ft.com/content/5ce60af2-...b-ff8ef2b976c7

The same report is in the Telegraph, behind a paywall.


I can't read the links because they want me to subscribe.
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