Brexit: Now What? Part III

[Andy_Ross]

Yay, Maple Syrup and Boomerangs for everybody.

 

[jimbob]

we could export Welsh lamb to New Zealand and Australia

 

[McHrozni]

Britain doesn't need Europe when it has the commonwealth:

https://www.theguardian.com/global-...ks-with-closer-ties-to-commonwealth-economies

Don't worry Britishers! The commonwealth will surely replace the EU as the new hip trade bloc for all of your export and import needs. The empire never ended and Great Britain will truly become great again!

There is one, and only one colony that could hope to replace the EU for UK (and anyone else). It is a great stroke of irony there.

McHrozni

 

[The Don]

Apparently Labour has a "radical vision" for Brexit

http://www.bbc.co.uk/news/uk-politics-39243734

Mr McDonnell said the Brexit vote had created "huge challenges" and warned that "crashing out of the EU" would mean Britain would be cut off from investment.

"We will be cut off from our biggest trading partner. We will be cut off from the skills and contribution that EU nationals have made to our economy and society," he said.

Calling for a "radically different approach", Mr McDonnell called not only for devolution in Scotland and Wales, but also for the English counties and regions, which he said should enjoy greater freedoms.

Presumably radical in its impotence......


edited to add...

OFFS, they're talking about seizing the means of production

The shadow chancellor spoke of a "right to own", saying, under Labour, workers in a company facing a change of ownership would get first refusal on putting forward their own takeover plan.

What a recipe for disaster.

 

[abaddon]

There is one, and only one colony that could hope to replace the EU for UK (and anyone else). It is a great stroke of irony there.

McHrozni

LOL, and they aren't even part of the commonwealth.

May: Would you like to sign up to our commonwealth trade agreement?

Trump: WHEEEEEEEE???????

 

[MCel58]

I thought I would look up how the U.K. rejoins the WTO as an independent member and not as part of the EU. If the U.K. has to go through the full four part process, this could take a long time. I have tried to summarise the steps below but for more info;
https://www.wto.org/english/thewto_e/whatis_e/tif_e/org3_e.htm

1. The government applying for membership has to describe all aspects of its trade and economic policies in a memorandum which is examined by the working party dealing with the country’s application. These working parties are open to all WTO members.

2. Parallel bilateral talks begin between the prospective new member and individual countries they want to trade with. They are bilateral because different countries have different trading interests. These talks cover tariff rates and specific market access commitments.

3. After 1 and 2 the working party finalizes the terms of accession. These appear in a report, a draft membership treaty (“protocol of accession”) and lists (“schedules”) of the member-to-be’s commitments.

4. The final package, consisting of the report, protocol and lists of commitments, is voted on and needs a two-thirds majority of WTO members to vote in favour, only then is the applicant free to sign the protocol and to accede to the organization.

 

[jimbob]

I thought I would look up how the U.K. rejoins the WTO as an independent member and not as part of the EU. If the U.K. has to go through the full four part process, this could take a long time. I have tried to summarise the steps below but for more info;
https://www.wto.org/english/thewto_e/whatis_e/tif_e/org3_e.htm

1. The government applying for membership has to describe all aspects of its trade and economic policies in a memorandum which is examined by the working party dealing with the country’s application. These working parties are open to all WTO members.

2. Parallel bilateral talks begin between the prospective new member and individual countries they want to trade with. They are bilateral because different countries have different trading interests. These talks cover tariff rates and specific market access commitments.

3. After 1 and 2 the working party finalizes the terms of accession. These appear in a report, a draft membership treaty (“protocol of accession”) and lists (“schedules”) of the member-to-be’s commitments.

4. The final package, consisting of the report, protocol and lists of commitments, is voted on and needs a two-thirds majority of WTO members to vote in favour, only then is the applicant free to sign the protocol and to accede to the organization.

Yes, the more I leearn, the worse it looks.

Frankly, a demented hen would be an improvement on on current Brexit policymakers.

 

[imodium]

"Hey, we loathe the regulations agreed by our closest cultural neighbours, France and Germany, let's set up the same sort of thing but with Nigeria!" Brexiters pre-referendum.

 

[ceptimus]

When all else fails you must attempt to reignite Project Fear.

 

[Amazer]

When all else fails you must attempt to reignite Project Fear.

Don't let the door hit you on the way out.... and get on with it already.

 

[MCel58]

Yes, the more I leearn, the worse it looks.

Frankly, a demented hen would be an improvement on on current Brexit policymakers.

Well some demented hens have been policy writers both in the EU and in the U.K. in the past. However these days all the rational one's are branded as unpatriotic or part of Project Fear or even worse they are the worst of all things an expert. It is actually embarrassing to watch U.K. Ministers and others make statements which have no policy or factual basis. I suppose that is what it is like to be a policy writer in the "alternative facts" world.

 

[Pixel42]

Brexiteers are sitting in a room which they themselves set fire to, complaining about the noise the fire alarm is making. "Oh that fire alarm is so negative, why can't it be more positive? If I burn to death it will be the fire alarm's fault!"

 

[jimbob]

When all else fails you must attempt to reignite Project Fear.

Ceptimus I'm going to say something that I didn't think I'd ever do - you'd be better informed if you read the Daily Mail.


http://www.dailymail.co.uk/news/art...ls-threaten-Theresa-s-formal-Brexit-plan.html

 

[The Don]

According to the BBC, David Davis is insisting that the majority of people want the Lords amendments rejected and for the government just to get on with Brexit:

Mr Davis will also call on the Commons to consider a vote that guarantees the rights of EU citizens in the UK.

"However they voted in the referendum, the majority of people now want the prime minister to be able to get on with the job," he said.

Amendments were made to the Brexit bill after they were backed by a majority of peers, most recently last week.

http://www.bbc.co.uk/news/uk-politics-39245298

A politician insisting that the majority of people are in favour of something is IMO a good indication that they aren't - otherwise it'd be self evident and he wouldn't have to insist.

 

[The Don]

When all else fails you must attempt to reignite Project Fear.

Yes, because how dare people point out that a difficult and risky thing is difficult and risky. Much better to live in denial and then be horribly surprised as you stumble from crisis to crisis.

Trump was surprised at how complex US healthcare was, compared to Brexit it's likely to be a doddle...

 

[Aber]

I thought I would look up how the U.K. rejoins the WTO as an independent member and not as part of the EU. If the U.K. has to go through the full four part process, this could take a long time. I have tried to summarise the steps below but for more info;
https://www.wto.org/english/thewto_e/whatis_e/tif_e/org3_e.htm

1. The government applying for membership has to describe all aspects of its trade and economic policies in a memorandum which is examined by the working party dealing with the country’s application. These working parties are open to all WTO members.

2. Parallel bilateral talks begin between the prospective new member and individual countries they want to trade with. They are bilateral because different countries have different trading interests. These talks cover tariff rates and specific market access commitments.

3. After 1 and 2 the working party finalizes the terms of accession. These appear in a report, a draft membership treaty (“protocol of accession”) and lists (“schedules”) of the member-to-be’s commitments.

4. The final package, consisting of the report, protocol and lists of commitments, is voted on and needs a two-thirds majority of WTO members to vote in favour, only then is the applicant free to sign the protocol and to accede to the organization.

According to the WTO website the UK IS a member. The issue is that the schedules in 3 are currently those of the EU, and the rules for setting up schedules in its own right are a little unclear.

 

[Aepervius]

When all else fails you must attempt to reignite Project Fear.

When all else fails and you have no argument whatsoever, just pretend the opposite side expert do not count, or just pretend they are trying to spread up fear.

it sums pretty much up your utterly empty one liners.

 

[Aepervius]

According to the WTO website the UK IS a member. The issue is that the schedules in 3 are currently those of the EU, and the rules for setting up schedules in its own right are a little unclear.

The UK was a member by virtue of being a member of EU. Once it leaves... That leaves the membership open. Or so I gathered from other posters.

 

[jimbob]

I seem to recall assertions before the the vote that we'd still have access to the single market...

 

[MCel58]

According to the WTO website the UK IS a member. The issue is that the schedules in 3 are currently those of the EU, and the rules for setting up schedules in its own right are a little unclear.

Yes but it seems unclear whether we can just continue or not according to the WTO itself see this article https://www.theguardian.com/busines...rexit-trade-talks-start-scratch-eu-referendum and even if we can developing the schedules is actually the work of step 2 with all the bilateral talks and step 3 is the writing and submission of them and step 4 is the members approval of them. So if the WTO accepts that we are a member, we still have to put schedules in place to cover all existing trade deals that we are involved in at present, by virtue of being an EU member. This is not just with the 27 but with every country that we have an existing deal with as an EU member. This is not the work of 2 years but of many years and of many trade negotiators just to be where we are now.