Re: What ever happened to Brexit?
Originally Posted by
Bruce
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Aren't there seven countries with completed FTA agreements with the EU?
Canada, Columbia, Equador, Egypt, South Korea, Jordan, Switzerland and Turkey
It is not difficult information to find.
An FTA between Australia and the EU is still under negotiation but these things take time.
Your last sentence is just wishful thinking.
There aren't any completed or ratified FTA's with countries outside the single market. It's a complete myth, as Solasch looks like he just found out
As for the EU being outside the G20, look at what it will look like after the UK leaves, then take into consideration that the UK will be a global economy, leaving behind the 27 as a protectionist economy in further decline, heading into recession and with the next rounds of Eurozone QE, rising debt, higher unemployment, low interest rates, junk bonds and wage stagnation (notice, no change since 2008, only a worsening outlook, year on year).
The EU trades mainly with itself. We are leaving - and taking our contributions and trade deficit with us, opening it up to the rest of the world - a huge threat, competing directly with the EU. Remember, the EU is only part of the G20 as a collective entity anyway, only Germany, France, UK and Italy are actual members. When 2021 comes around the G20 will see only Germany, France and Italy trying to keep the EU in it.
According to the latest forecasts 90% of GDP growth in the next 5 years will be outside the EU. The future of the EU is the ascension of Albania and Macedonia ... hardly setting the world economy alight is it ?