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Effect of Brexit

Discussion in 'Watford' started by Davylad, Mar 26, 2016.

  1. superhorns

    superhorns Well-Known Member

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    The UK team are sensibly asking the EU for their cost basis on the ridicules high ransom sum. It is no more than anybody should, or would, do. The EU side seem to be against this simple request. It is like dealing with the Mafia.
     
    #4301
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  2. superhorns

    superhorns Well-Known Member

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    Completely false news. See report.

    <img class="lazy-fallback" src="http://cdn.images.express.co.uk/img/dynamic/1/590x/847512_1.jpg" alt="brexit news latest eu european union david davis japan uk trade deal brussels theresa may" title="brexit news latest eu european union david davis japan uk trade deal brussels theresa may"> EU left red-faced after Japanese PM's aide hails UK's 'special niche' in boost for Brexit
     
    #4302
  3. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    Please try harder. What they have been talking about is how to calculate the figures. There has not been any figure put forward by either side, so no ridiculous high ransom sum.
     
    #4303
  4. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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  5. superhorns

    superhorns Well-Known Member

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    EU official have bandied around high figures. The UK has asked for justification for elements of the proposed ransom. The UK quite rightly assert any agreed figure must take into account trade access.
     
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  6. superhorns

    superhorns Well-Known Member

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    Duh! Nobody is suggesting casting aside any EU deal. The UK will be looking for a deal with Japan a.s.a.p. after Brexit. It would make sense to use the Japan /EU template for an immediate deal with an agreement to make improvements later.
     
    #4306

  7. superhorns

    superhorns Well-Known Member

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    #4307
  8. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    No, show that you are going to pay up what you owe first, show that you are going to look after people, show what you propose on N. Ireland, then we can talk trade once those issues have been agreed. Davis approved that, and is now trying to back away. 27 governments agreed to it and they will not back away.
     
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  9. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    They don't have to. They invest in those that they wish to and and the trade deal gives them the advantageous terms to do it.
     
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  10. superhorns

    superhorns Well-Known Member

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    That is why they have shunned difficult markets like France and preferred business friendly countries such as the UK. The UK will end up with the same terms as the EU then will be improved over time. The Japanese prefer working with the British as their record investment shows.

    reportedly keen to begin informal trade talks with the UK
     
    #4310
  11. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    Confirmed today that despite the report you have dug up from June, no talks formal or informal will commence before the UK leaves the EU.

    "Japan has been clear that any future trade agreement will only be possible once the terms of the UK’s future relationship with the EU has itself been clarified – with talks on the matter yet to begin."

    The EU/Japan trade talks started in 2013, so no quick deals in sight. Japanese banks like Nomura have already announced their intention to relocate their European HQ to Frankfurt, so they are starting to make their plans to get out. I wonder how much longer before Nissan make their views known on supply chain problems?
     
    #4311
  12. superhorns

    superhorns Well-Known Member

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    #4312
  13. superhorns

    superhorns Well-Known Member

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    EU trade deals take forever because the views of 27 /28 countries have to be taken into account. Bi-lateral deals obviously are completed much much quicker.
     
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  14. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    Yes, that is her wish list, nothing more.
     
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  15. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    Of course it takes longer because it is a huge market, not one single country with a small market by comparison.
     
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  16. superhorns

    superhorns Well-Known Member

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    This is a good reason for Brexit, much quicker trade deals.
     
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  17. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    Only when you can find a country that wants to do a deal with a single country rather than a large trading block.
     
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  18. superhorns

    superhorns Well-Known Member

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    There are many countries queuing up for a deal. For them it is better to do a quick deal with the UK rather than wait 10 years for the EU to get their act together.
     
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  19. colognehornet

    colognehornet Well-Known Member

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    And those countries will carry on queuing until a deal has been reached with the EU. and Britain is officially out. If no deal is reached and Britain does not leave in an orderly manner, having paid its dues and respected human rights, then Britain will find it difficult to sign any deals with anyone.
     
    #4319
  20. superhorns

    superhorns Well-Known Member

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    You are joking? No other country is that interested in the outcome of the UK/EU deal. Most countries having dealt with the EU will understand the intransigence and difficulties of dealing with so many member states at once.
     
    #4320

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