Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%
  • Out

    Votes: 325 32.1%

  • Total voters
    1,013
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Not a good day for the Brexit ministers with David Davies conceding that if we can not reach agreement with the EU then we would exit on WTO trade tariff terms. This is an appalling negotiating position to be in and leaves us very vulnerable to having to concede terms in order to get agreement with the EU.
 
Not a good day for the Brexit ministers with David Davies conceding that if we can not reach agreement with the EU then we would exit on WTO trade tariff terms. This is an appalling negotiating position to be in and leaves us very vulnerable to having to concede terms in order to get agreement with the EU.

Could it not be interpreted as a threat as much as a concession? The WTO terms would work both ways, would they not? So if the EU don't agree with our terms then they will end up experiencing WTO terms when trading with the UK.

Anyway, I find it sickening the way some people prioritise business and trade over welfare and security.
 
Maybe Davis should take up golf and visited them on the golf course.


"David Davis, the Brexit secretary, has been snubbed by UK retail bosses after he tried to call an industry meeting to discuss the pros and cons of exiting the EU.

Davis contacted retail chief executives last week to invite them to a roundtable planned for Thursday, but it is understood that no major industry bosses plan to attend.

One source said: “Chief executives were not willing or able to clear diaries for what looks like a tick-box exercise from the department. There is no substance to the agenda.”

One well-placed source said Davis’s office had issued a form asking attendees to list what they saw as the risks and opportunities of Brexit.

“The way it’s been run is a bit chaotic,” the source said. “It was short notice and that was a big reason why many chief execs couldn’t go.”

One source said Davis’s last-minute invites had been seen as rather rude in expecting bosses to change their plans quite quickly.

Another retail source said there needed to be more “groundwork” before it would be worth engaging on the issue at a chief executive level.

However, retailers are sending along public affairs executives or other more junior executives as they are keen to establish the government’s plans on issues such as labour movement and trade investment.

“We employ a lot of people from overseas who are currently resident in the UK and they have got a high level of anxiety about their future. Some clarity would be helpful,” one retail source said.

Another said: “We are interested in being part of the debate and the conversation.”

Davis and the Department for Exiting the European Union declined to comment on the meeting but last week the Brexit secretary issued a statement in the Commons saying he wanted to “build a national consensus around our negotiating position” by talking to “as many organisations, companies and institutions as possible – from the large PLCs to small business, from the devolved administrations through to councils, local government associations and the major metropolitan bodies”.

He also told a Lords select committee that it was going to take “some months” to analyse many of the industrial and commercial effects of Brexit". Guardian 14/09/2016.
 
Not a good day for the Brexit ministers with David Davies conceding that if we can not reach agreement with the EU then we would exit on WTO trade tariff terms. This is an appalling negotiating position to be in and leaves us very vulnerable to having to concede terms in order to get agreement with the EU.

There is very little political will to push this through. Would wager there are more efforts looking for a way out of commitment than for carrying through democracy.
 
Not a good day for the Brexit ministers with David Davies conceding that if we can not reach agreement with the EU then we would exit on WTO trade tariff terms. This is an appalling negotiating position to be in and leaves us very vulnerable to having to concede terms in order to get agreement with the EU.

From what I understand, the WTO arrangements as they currently stand focus primarily on manufacturing and agriculture (ie actual products). The UK is overwhelmingly a service economy, and whilst far from perfect, the common market does do more in that sense than the standard WTO deal, especially with things like the passporting scheme for finance.

The WTO are attempting to bring services on board, but as the Doha round as been ongoing since 2001 I wouldn't hold my breath on that being concluded any time soon.
 
Not a good day for the Brexit ministers with David Davies conceding that if we can not reach agreement with the EU then we would exit on WTO trade tariff terms. This is an appalling negotiating position to be in and leaves us very vulnerable to having to concede terms in order to get agreement with the EU.

Not really. The Eu keep saying, free movement of people or no deal, so having it leaked that we would live with no deal is sensible. The Eu thinks that by putting up anti-Uk personnel to negotiate that they are being clever, but it will have the opposite effect, if the Eu cannot fairly negotiate a deal then Germany and France will push them out of the way. A sensible deal will be done or at worst no deal will be done. Either way the UK will gain financially.......
 
Could it not be interpreted as a threat as much as a concession? The WTO terms would work both ways, would they not? So if the EU don't agree with our terms then they will end up experiencing WTO terms when trading with the UK.

Anyway, I find it sickening the way some people prioritise business and trade over welfare and security.

This is the point that the remainers always ignore. The Eu sells more to us than we do to them. If WTO tariffs are introduced we gain financially.........
 
I see that the EU President in his 'State of the Nation' address has mentioned the need for a joint Military for the Eu, the same one that the remainers said couldn't happen. The Eu superstate continues on it's journey. It doesn't matter what happens, what any of the people say, the answer is always MORE EUROPE........
 
This is the point that the remainers always ignore. The Eu sells more to us than we do to them. If WTO tariffs are introduced we gain financially.........

Simplistic nonsense Pete.

As of our total current exports, 44% of it total goes to the EU. Tariffs would reduce our exports due to some of the goods becoming uncompetitive in that market. Therefore our output will fall, which lowers GDP and reduces the treasurys purse pro rata.

The argument that we import more than we export as a total therefore we gain and the EU loses, also ignores the fact that the EU is a collective. Germany for example only relies on the UK for circa 5% of it's exports, and so any net reduction in sales to these shores has a lesser impact on them, than us losing a chunk of our 44%.

Not having access to the single market would also decimate our financial sector, despite the mutterings of bumbling Boris that passporting will remain, this is far from a certainty if we don't agree full access to the single market.

The bluster over a tariff deal being an acceptable alternative is just that - bluster.
 
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