Current Affairs The UK/EU thread....

[peteblue]

Anyway, for all the posturing on this side of the Channel, here's the view from Brussels;


The European Parliament makes clear that:

• The UK will not be given even similar benefits as being in the single market and customs union, let alone the exact same benefits, as had been promised.
• The UK is unable to start negotiating trade deals with non-EU countries in advance of its withdrawal.
• Parallelism is out: substantial progress has to be made on the withdrawal agreement before talks can start on transition or future trade, and a future trade deal can only be agreed once the withdrawal agreement is agreed
• The EU expects a financial payment as part of the withdrawal agreement.
• A future trade deal would need to include equivalence in key areas including competition, trade and social policy, which means a bonfire of regulations is incompatible with a new UK-EU FTA.
• There will be no sectoral deals that replicate the exact same benefits as being in the single market and customs union
• There could be a transitional deal, but for a maximum of three years, during which period the ECJ would have legal authority.

So what......

 

[Foot Long Hot Dog]

So what......

I'd have thought it was self explanatory.

As it completely goes against what May had set out as her goals in her letter to Tusk.

Is this the bit where you tell me we won the War and we buy loads of BMW's?

 

[davek]

The EU will not be 'making an example' of the UK, because quite simply when we leave the U.K. will be their largest export market. For all the bluster coming out of the EU they know that they need to trade with the uk on sensible terms, they know that they still require our financial expertise and our defence capabilities. We have quite a few desirable attributes.

The financial sector may well open small offices if needed in Ireland but there will be no mass transfer to places such as Frankfurt etc. There is far more to financial services than just banks and money, there is also the availability of access to legal firms, the oversight of financial transactions, local taxation (think Paris) and language......it ain't going to happen....

...funnily enough....http://www.bbc.co.uk/news/business-39441035

As said, there is no us and them: it's global capital. They shift to where they dont get hassle.

 

[peteblue]

...funnily enough....http://www.bbc.co.uk/news/business-39441035

As said, there is no us and them: it's global capital. They shift to where they dont get hassle.

They have offices in a number of countries...

 

[peteblue]

I'd have thought it was self explanatory.

As it completely goes against what May had set out as her goals in her letter to Tusk.

Is this the bit where you tell me we won the War and we buy loads of BMW's?

No, this is where I tell you that it doesn't mean anything. The negotiations will be between the U.K. and the EU Commission, who have not as yet responded, and when they do respond their views will be as equally important as our own but no more. The deal, when one is done, has to be ratified by the EU Parliament.....

 

[davek]

They have offices in a number of countries...

That's what I mean. All major corporations either in financial services or manufacturing have a global operation. They are successful because they are mobile and can sidestep difficulty in one location whether from labour problems or national government regulation. They'll look at their British operation and get round their failure to fully access without penalty the massive single market on their doorstep and focus their operations within the single market. And they'll do that not only for profit maximisation but also to discipline nation states who's governments they deem too stupid to get a grip of their own sheeple and make them vote the way they want to preserve corporate capital's control...which is where the UK Government stand in their estimation right now.

 

[Foot Long Hot Dog]

They have offices in a number of countries...

But they're moving that part of their operation to inside the EU to ensure that they don't lose access to the EU market

This will be mirrored across the financial sector over the next 2 years.

 

[Foot Long Hot Dog]

No, this is where I tell you that it doesn't mean anything. The negotiations will be between the U.K. and the EU Commission, who have not as yet responded, and when they do respond their views will be as equally important as our own but no more. The deal, when one is done, has to be ratified by the EU Parliament.....

How can you say it doesn't mean anything then when it's a European Parliament resolution?

https://www.theguardian.com/politic...icle-50-takes-tough-line-on-transitional-deal

 

[peteblue]

How can you say it doesn't mean anything then when it's a European Parliament resolution?

https://www.theguardian.com/politic...icle-50-takes-tough-line-on-transitional-deal

Because the Parliament has almost no power and that's what this resolution is about. There is an EU internal power battle going on between the Commission and the Parliament and this is part of it, meanwhile the EU Council can override all of them. What people say now will change......

 

[peteblue]

But they're moving that part of their operation to inside the EU to ensure that they don't lose access to the EU market

This will be mirrored across the financial sector over the next 2 years.

It's a small office in what will become a foreign country. Other industries and bodies may have to do the same, but the industries and bodies themselves will not be moving. No doubt when we do a deal with china we will do similar. It's a non event.......

 

[Foot Long Hot Dog]

Because the Parliament has almost no power and that's what this resolution is about. There is an EU internal power battle going on between the Commission and the Parliament and this is part of it, meanwhile the EU Council can override all of them. What people say now will change......

The eventual deal needs a majority in EU Parliament or it doesn't get passed.

If it doesn't meet the criteria of this resolution then that seems unlikely to happen to me, why do you think otherwise?

 

[peteblue]

That's what I mean. All major corporations either in financial services or manufacturing have a global operation. They are successful because they are mobile and can sidestep difficulty in one location whether from labour problems or national government regulation. They'll look at their British operation and get round their failure to fully access without penalty the massive single market on their doorstep and focus their operations within the single market. And they'll do that not only for profit maximisation but also to discipline nation states who's governments they deem too stupid to get a grip of their own sheeple and make them vote the way they want to preserve corporate capital's control...which is where the UK Government stand in their estimation right now.

Not really. Opening an office abroad happens all the time. Access to the EU market will either be via a sensible trade deal or will be on WTO rules where tariffs are applied. This big scare story is fully understood and companies know that tariffs paid by the EU will be much bigger than tariffs paid by the U.K. because of the value of each sides trade. It still hasn't been revealed but I'm willing to bet that May told Nissan that any tariffs paid would be underwritten by tariffs received.....

 

[peteblue]

The eventual deal needs a majority in EU Parliament or it doesn't get passed.

If it doesn't meet the criteria of this resolution then that seems unlikely to happen to me, why do you think otherwise?

Because I live in the real world and know that the EU Commission will do the negotiations overseen by the EU Council, the EU Council will use the EU Parliament to act as bad cop but once the Council are happy with a deal then the deal will be signed......or no deal will be done and we walk away.......

 

[peteblue]

Hahaha.......this pillock really should be put down........

Mr Juncker has said he regrets Brexit but vowed to negotiate hard for the remaining 27.

Speaking in Malta today: 'Brexit isn't the end. A lot of people would like it that way - even people on another continent where the newly elected US president was happy that Brexit was taking place and has asked other countries to do the same.

'If he goes on like that, I am going to promote the independence of Ohio and Austin, Texas, in the United States.'......

 

[Foot Long Hot Dog]

Because I live in the real world and know that the EU Commission will do the negotiations overseen by the EU Council, the EU Council will use the EU Parliament to act as bad cop but once the Council are happy with a deal then the deal will be signed......or no deal will be done and we walk away.......

The Tory strategy right there ^