Friday 27 September 2019

What is wrong with trading on WTO terms?

Can  someone please explain to  what disaster will befall us if we leave with no deal which is the lazy BBC code for leaving on WTO terms. Will it be a biblical plague? How is keeping a hold of our own money, laws fish a disaster? Its  a clear win for us the people,. It may be a disaster for our well heeled political elite but that must be good for our country. Its high time trite phrases the Remainers repeat ad nauseum were challenged.

As for our shrinking violet female MPS they should have heard the abuse I had from the LIbDem women of Somerset when canvassing for Leave. I wish I had their problems. No one forces them to be MPs

Don't talk of the Benn bill, its a Surrender Act pure and simple.and  should be seen in the same light as Chamberlain's 1938 bit of paper.

6 comments:

Quiet_Man said...

It means that the UK will have actually left and that Remain has lost. They do not wish the UK to actually leave so are hoping for a Brexit in name only with the UK still tied to the EU's coattails, paying in but having no power (as a punishment for daring to leave)

Niall Warry said...

What you need to understand is that leaving the Single Market after 45 years of helping to create the largest and most complex, sophisicated and successful trading block in the world has to be a process and not an event.

If a stall holder leaves the safety of the castle walls and trys to trade from outside the castle he can not expect to trade on exactly the same basis as those remaining on the inside.

Leaving on WTO terms will NOT mean we can resume our legal trading relationship with the EU straight away. So leaving on No Deal, but relying on WTO terms, will mean us completing hundreds of mini deals over many months/years to ensure all our existing trade, in goods and services, within the SM continue.

What few 'Hard' Brexiteers realise is the reality that all comprehensive trade deals in goods and services between one let alone 27 others takes time, means obeying rules and regulations (mostly world trade standards) and abiding by an adjudication process.

I have said all the above, on here, before but you have refused to accept it which makes you and your ERG chums the main problem to us sucessfully leaving the EU without damaging our existing trade within the SM.

Over time from within the SM but free of the EUs politics we would help create and build a new FTA of all 52 countries in Europe which would repalce the SM of 27. this new larger trading block would be run under UNECE based in Geneva.



Edward Spalton said...

I have asked on numerous occasions if anyone knows a single significant country which traded with the EU and other
trade blocs solely on WTO terms. Nobody has been able to tell me - although you sometimes hear it asserted in
Parliament and at various meetings of hard brexiteers. All sorts of agreements are required to smooth things along
especially for plant and animal products, as well as highly technical products such a aero engines.

This is the reason that Rolls Royce has moved its technical compliance operation to mainland EU. Their engines are not
saleable without a very full certification . Since Mrs May insisted on it, we are outside the EASA system and the British Civil
Aviation Authority, which used to subcontract for EASA said it would take them 5 to 10 years to get up to the
scale of operation required for globally valid certification.
Turn up at somebody’s frontier with an incompletely certified aero engine and WTO terms will be of no use to you
at all.

I have just followed through all stages of an account of the experience of an organic cheese maker with a very good market in
the USA which they previously served via an EU/USA Mutual Recognition on organic standards. That was due to
end on 29th March. Because the cheese has a long maturing process, they had to ship a large quantity over in bullk for
Cutting and packing to equal several months supplies. It has taken until quite recently to negotiate a similar equivalence
agreement to the one they previously had through the EU . Without it, there would be no point in turning up at the
border and saying “Here’s my cheese. It’s organic” . WTO rules would be of no help at all.

Eminent economists appear to understand tariffs very well but to be deeply ignorant of non tariff barriers of this sort.

Eric Edmond said...

The Major is in cloud cuckoo land. Sad.

Niall Warry said...

I assume you think the same of Edward Spalton?

Why ask the question if you know better?

The brevity of your response to my detailed reply indicates to me that it is you that sadly has not kept up to speed on the intricacies of Brexit - and that really is very sad.

Niall Warry said...

Come on Eric you post we comment and you do a runner???!!!