Re: Flexible extension???
Originally Posted by
Bread
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We trade 60% outside the EU - only 40% within it and that figure is shrinking every year. The UK has no choice but to trade under the agreements made with Brussels, so what benefits Germany and France come first, everyone else is further down the line. How on earth is this an optimal economic model and considering we have to pay a net figure of about 10 billion a year for what is supposed to be a "free trade arrangement" ... it just illustrates the complete failure that the common market has become.
Even if we were subject to the average 4% common external tariff by the EU if we left on WTO terms it would cost us around 6 billion a year in tariffs - saving us about 4 billion straight off the bat. On top of that we can create our own trade deals with other countries, such as Japan, Singapore Canada, USA and the Commonwealth that benefit Britain - not Germany and France.
How on earth can you say that staying in the EU is the best thing for Britain ?
P.S For the hundredth time we cannot make a trade deal with another country while we are a member state.
Hi
I doesn't quite work like that.
Services are our biggest earner with the EU, no Single Market, no Services.
That is why companies are setting up branches in the EU, the tax will be payable there, not here in the UK.
People argue about the figures, but it will be a loss of £Billions.
We can roll over our Trade Deals we have as part of the EU.
The EU have already agreed to that and that they come into force on the day we leave.
These deals are huge, and account for a proportion of the 60% of our Exports outside the EU.
We have failed to roll over 80% of them.
The Countries involved do not want to give us the same terms.
None of the above is a reason not to leave, but we will not be better off by doing so.
The amount of money we lose and how long before we can replace it with new Trade Deals depends on the skill and ability of our Politicians.
Recent events have shown that they have, little, if any, of either.