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China Trade Deal

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By (user no longer on site) OP     over a year ago

According to Xing Houyuan, the UK and China could do a trade deal rather quickly.

It seems the EU are fucking about with China because they can't cope with doing two deals at once, the other being TTIP.

For those of you that don't know, China is one of two economies in the world that really matter and therefore a good deal here would be really good news for UK plc.

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By *icketysplitsWoman  over a year ago

Way over Yonder, that's where I'm bound

Would it be possible before we actually leave or would we be tied to the EU negotiations?

The biggest worry is we don't have the skills, experience or bodies in place for any of these negotiations.

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By (user no longer on site) OP     over a year ago


"Would it be possible before we actually leave or would we be tied to the EU negotiations?

The biggest worry is we don't have the skills, experience or bodies in place for any of these negotiations.

"

Good question. The article didn't exactly make it clear but even if we could only implement the deal when we leave, 2 years to do a deal would be breakneck speed anyway!

As for negotiators, I agree we don't have them working in government right now but they are mercenaries for hire - I'll pm my cv over

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By (user no longer on site)  over a year ago

Always look on the bright side of life

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By *icketysplitsWoman  over a year ago

Way over Yonder, that's where I'm bound


"Would it be possible before we actually leave or would we be tied to the EU negotiations?

The biggest worry is we don't have the skills, experience or bodies in place for any of these negotiations.

Good question. The article didn't exactly make it clear but even if we could only implement the deal when we leave, 2 years to do a deal would be breakneck speed anyway!

As for negotiators, I agree we don't have them working in government right now but they are mercenaries for hire - I'll pm my cv over "

I had a moment when I considered whether I should be getting my CV ready to send too.

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By (user no longer on site)  over a year ago

Just out of interest, where would one keep an eye out for such negotiating roles?

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By *oncupiscentTonyMan  over a year ago

Kent


"Would it be possible before we actually leave or would we be tied to the EU negotiations?

The biggest worry is we don't have the skills, experience or bodies in place for any of these negotiations.

"

Don't use the same team as the Swiss!

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By *icketysplitsWoman  over a year ago

Way over Yonder, that's where I'm bound


"Just out of interest, where would one keep an eye out for such negotiating roles? "

If you can't work it out, you're not the bod we need.

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By (user no longer on site)  over a year ago

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By (user no longer on site) OP     over a year ago


"Just out of interest, where would one keep an eye out for such negotiating roles?

If you can't work it out, you're not the bod we need. "

They call you

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By (user no longer on site)  over a year ago


"Would it be possible before we actually leave or would we be tied to the EU negotiations?

The biggest worry is we don't have the skills, experience or bodies in place for any of these negotiations.

"

There are two separate negotiations according to the EU Trade Commissioner. First we leave and then we do a trade deal. And as far as China is concerned there is nothing stopping us from having pre-negotiations now. After all we already have a trade deal with them we just need to remove the EU shackles from the transcripts. Like steep import tariffs.

As long as we agree safeguards for EU residents here and UK residents in the EU we can actually leave the EU very quickly. Trigger Article 50 say September and leave by April 5th the new Financial Year. During which time an 'Enabling Act' is passed by Parliament. That brings the financial savings within sight which the markets need to see and which will reduce uncertainty. And it shows the EU we mean business.

The trade deal with the EU may well take a long time and there is a difference of opinion on here about who needs who the most. I best not comment.

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By (user no longer on site)  over a year ago


" I had a moment when I considered whether I should be getting my CV ready to send too. "

Wear that blue dress and they will be putty in your hands ...

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By *oo hotCouple  over a year ago

North West


"Would it be possible before we actually leave or would we be tied to the EU negotiations?

The biggest worry is we don't have the skills, experience or bodies in place for any of these negotiations.

Don't use the same team as the Swiss!"

l

Indeed. Someone who knows the detail

One sided, to say the least.

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By *LCCCouple  over a year ago

Cambridge

Look at similarly advanced economies, Australia and Canada. They have had decades and the freedom to negotiate as many trade deals as they want, with as many countries as they want. How many trade deals do you think they have? They must have loads right? Well its just 15. They have 15 trade deals each. We are leaving the EU where the single market alone had 27 other members!

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By *LCCCouple  over a year ago

Cambridge


"Would it be possible before we actually leave or would we be tied to the EU negotiations?

The biggest worry is we don't have the skills, experience or bodies in place for any of these negotiations.

Don't use the same team as the Swiss!l

Indeed. Someone who knows the detail

One sided, to say the least."

Do you think this might have been to do with the size of China, their economy and growth compared to the size of Switzerland their economy and growth? Its almost as if the bigger party got to dictate the terms to the smaller one? But that couldn't happen to us right? Because we're British right? We won't be dictated to! Will we?

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By (user no longer on site) OP     over a year ago


"Look at similarly advanced economies, Australia and Canada. They have had decades and the freedom to negotiate as many trade deals as they want, with as many countries as they want. How many trade deals do you think they have? They must have loads right? Well its just 15. They have 15 trade deals each. We are leaving the EU where the single market alone had 27 other members! "

Shit - how do they cope without a deal with Malta? Ironically there 15 countries in the world with a GDP over a trillion dollars. Less than that is practically irrelevant when you consider China and the US are 27 trillion between them.

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By (user no longer on site)  over a year ago


"Look at similarly advanced economies, Australia and Canada. They have had decades and the freedom to negotiate as many trade deals as they want, with as many countries as they want. How many trade deals do you think they have? They must have loads right? Well its just 15. They have 15 trade deals each. We are leaving the EU where the single market alone had 27 other members! "

Which is one deal not 27 then? Why the big issue over this 'Single Market'? We will negotiate a trade deal with the EU on behalf of its 27 member states. Its how it has made internal countries dependent on the EU structure and less likely to leave. Until we burst that bubble.

The Single Market is only in goods. There isn't one in Services yet and we have a £77 Bn a year trade deficit with EU Countries in goods. Note I said the countries as the EU buys and sells nothing. It just instructs countries how to do it. Like erecting steep Tariffs to non-EU countries and why (maybe) China is now naffed off with the EU and very interested in doing a new deal with the UK. We already have people out in Hong Kong talking with them, New Zealand and Australia. And NZ has offered us some trade negotiator staff to help out. Because they also want an early discussion on Tariffs. Remember we already trade with the rest of the world. We already therefore have trade deals. Like with the USA (queue or not). In the short term all we need to do is agree new Tariffs on the current deals and then take our time negotiating Free Trade Deals.

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By *oncupiscentTonyMan  over a year ago

Kent

We're sorted then, no need for new deals just swap out the word Tesco for Happy Shopper

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By (user no longer on site)  over a year ago


"We're sorted then, no need for new deals just swap out the word Tesco for Happy Shopper "

Yep, as easy as removing the shackles from a transcript.

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By (user no longer on site)  over a year ago

"Hiya president Clinton. Prime Minister Leadsom here. We want to reduce the import tariffs we have had to charge you on your exports. Shall e say 10% to 2.3%?"

"Prime Minister. Have your people call my people and lets get trading..."

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By *LCCCouple  over a year ago

Cambridge


"Look at similarly advanced economies, Australia and Canada. They have had decades and the freedom to negotiate as many trade deals as they want, with as many countries as they want. How many trade deals do you think they have? They must have loads right? Well its just 15. They have 15 trade deals each. We are leaving the EU where the single market alone had 27 other members!

Which is one deal not 27 then? Why the big issue over this 'Single Market'? We will negotiate a trade deal with the EU on behalf of its 27 member states. Its how it has made internal countries dependent on the EU structure and less likely to leave. Until we burst that bubble.

The Single Market is only in goods. There isn't one in Services yet and we have a £77 Bn a year trade deficit with EU Countries in goods. Note I said the countries as the EU buys and sells nothing. It just instructs countries how to do it. Like erecting steep Tariffs to non-EU countries and why (maybe) China is now naffed off with the EU and very interested in doing a new deal with the UK. We already have people out in Hong Kong talking with them, New Zealand and Australia. And NZ has offered us some trade negotiator staff to help out. Because they also want an early discussion on Tariffs. Remember we already trade with the rest of the world. We already therefore have trade deals. Like with the USA (queue or not). In the short term all we need to do is agree new Tariffs on the current deals and then take our time negotiating Free Trade Deals. "

The single market it in goods, capital, services and labour. You keep saying that we already have trade deals with other coubtries so we'll be fine but we dont. The EU has trade deals with other countries, when we leave, we'll be starting from scratch.

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By *LCCCouple  over a year ago

Cambridge


""Hiya president Clinton. Prime Minister Leadsom here. We want to reduce the import tariffs we have had to charge you on your exports. Shall e say 10% to 2.3%?"

"Prime Minister. Have your people call my people and lets get trading...""

That's not how it works!!!!!

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By (user no longer on site)  over a year ago


""Hiya president Clinton. Prime Minister Leadsom here. We want to reduce the import tariffs we have had to charge you on your exports. Shall e say 10% to 2.3%?"

"Prime Minister. Have your people call my people and lets get trading..."

That's not how it works!!!!! "

I know ... was just lightening the conversation ..

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By *LCCCouple  over a year ago

Cambridge


""Hiya president Clinton. Prime Minister Leadsom here. We want to reduce the import tariffs we have had to charge you on your exports. Shall e say 10% to 2.3%?"

"Prime Minister. Have your people call my people and lets get trading..."

That's not how it works!!!!!

I know ... was just lightening the conversation .. "

Ok, fair enough

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By (user no longer on site)  over a year ago


" The single market it in goods, capital, services and labour. You keep saying that we already have trade deals with other coubtries so we'll be fine but we dont. The EU has trade deals with other countries, when we leave, we'll be starting from scratch. "

The Single Market in Services hasn't been completed yet to be accurate but so what if there is a 'Single Market'. It is only that if you are in it? And you have to pay in (unless you are 23 of the 28 countries in which case you take out):

http://www.telegraph.co.uk/finance/financialcrisis/11221427/EU-budget-what-you-need-to-know.html

So even within this 'Single Market' there are huge differences between countries and (some might say) therefore unfairness.

In September 2012 the UK Government (Dept. of B. I. & S.) was exhorting UK Businesses to export to non-EU countries. And they did that by reassuring them that we had 'Bilateral Trade Agreements' in place which meant export Guarantees were available. That document is now available at:

https://www.nibusinessinfo.co.uk/content/uk-trade-relations-commonwealth

Taking one example we have a preferential trade deal being part of the Commonwealth and this gives us better trade arrangements with 50+ countries than those enjoyed by the EU countries. We also through the Commonwealth and directly access:

* The North American Free Trade Agreement (NAFTA)

* Africa, Caribbean and Pacific countries

* The African Union

* The Association of South East Asian Nations

* The Asia Pacific Economic Co-operation

* The Free Trade Agreement of the Americas

The document also specifically says both the Eu and the UK separately have access to these organisations.

It also says and I quote:

"The UK has its own bilateral trade relations with the US. It also works through the European Union (EU)"

And this is repeated throughout the world.

I understand 11 countries have already expressed an interest in agreeing new trade deals. All I am saying is we can take it step by step by carrying on as we are with other countries, then reducing tariffs and then eventually writing new deals. The day after we leave the EU Jaguar will still be shipping cars to the USA ....

We just have to move on from the EU terminology and look at the EU the way other non member countries do. We need to change the arrangements we have and become just a trading partner like all the rest. All bar Norway and Switzerland do not have to accept 'free movement' or indeed pay in to the EU budget. So why should we?

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By (user no longer on site)  over a year ago


" The single market it in goods, capital, services and labour. You keep saying that we already have trade deals with other coubtries so we'll be fine but we dont. The EU has trade deals with other countries, when we leave, we'll be starting from scratch.

The Single Market in Services hasn't been completed yet to be accurate but so what if there is a 'Single Market'. It is only that if you are in it? And you have to pay in (unless you are 23 of the 28 countries in which case you take out):

http://www.telegraph.co.uk/finance/financialcrisis/11221427/EU-budget-what-you-need-to-know.html

So even within this 'Single Market' there are huge differences between countries and (some might say) therefore unfairness.

In September 2012 the UK Government (Dept. of B. I. & S.) was exhorting UK Businesses to export to non-EU countries. And they did that by reassuring them that we had 'Bilateral Trade Agreements' in place which meant export Guarantees were available. That document is now available at:

https://www.nibusinessinfo.co.uk/content/uk-trade-relations-commonwealth

Taking one example we have a preferential trade deal being part of the Commonwealth and this gives us better trade arrangements with 50+ countries than those enjoyed by the EU countries. We also through the Commonwealth and directly access:

* The North American Free Trade Agreement (NAFTA)

* Africa, Caribbean and Pacific countries

* The African Union

* The Association of South East Asian Nations

* The Asia Pacific Economic Co-operation

* The Free Trade Agreement of the Americas

The document also specifically says both the Eu and the UK separately have access to these organisations.

It also says and I quote:

"The UK has its own bilateral trade relations with the US. It also works through the European Union (EU)"

And this is repeated throughout the world.

I understand 11 countries have already expressed an interest in agreeing new trade deals. All I am saying is we can take it step by step by carrying on as we are with other countries, then reducing tariffs and then eventually writing new deals. The day after we leave the EU Jaguar will still be shipping cars to the USA ....

We just have to move on from the EU terminology and look at the EU the way other non member countries do. We need to change the arrangements we have and become just a trading partner like all the rest. All bar Norway and Switzerland do not have to accept 'free movement' or indeed pay in to the EU budget. So why should we?"

10 of the 28 eu states make net payments in and not 5 as you misleadingly say. A further 3 roughly break even.

You niftily miss out the words "because of our membership of the eu" after the words African, Caribbean and pacific countries.

The so called free trade agreement of the Americas is still being negotiated and is stalled after many years so we won't be able to take advantage of anything.

Jaguars top car market was the eu by a long chalk last year.

You seem to be mixing up trade relations/deals with trade agreements. Our trade relations with the commonwealth are worth a fraction of the value of our trade with the eu states.

Perhaps you could tell is how much the commonwealth arrangements are worth compared to the fta through the single market with the eu?

I suppose if you're going to tell lies you should make them big ones and tell them again and again... .well done at that

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By *oggoneMan  over a year ago

Derry


"

I suppose if you're going to tell lies you should make them big ones and tell them again and again... .well done at that

"

Tried and tested formula.

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By *ertwoCouple  over a year ago

omagh

They should look here in fab we all do it every week lol

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By *G LanaTV/TS  over a year ago

Gosport


"Just out of interest, where would one keep an eye out for such negotiating roles? "

Based on the usual selection criteria you'll need to have gone to the right school followed by studying the right degree at the right university and then proved yourself suitable by being completely useless at everything you turned your hand at since.

But don't worry if selected you'll be paid a lifetimes income for doing a halfassed job and no-one will ever hold you responsible for the dire deal you end up agreeing for the nation.

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By *horehouseCouple  over a year ago

dissatisfied


"Just out of interest, where would one keep an eye out for such negotiating roles?

Based on the usual selection criteria you'll need to have gone to the right school followed by studying the right degree at the right university and then proved yourself suitable by being completely useless at everything you turned your hand at since.

But don't worry if selected you'll be paid a lifetimes income for doing a halfassed job and no-one will ever hold you responsible for the dire deal you end up agreeing for the nation."

Like the last trade deal the UK did with china in 2014 ..not sure these trade deals are anything to get excited about .we already trade with most nations on the planet

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