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EU Japan Free Trade Deal
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So, on the day this country's ruling party tore itself apart the European Parliament approved a trade deal with Japan to create a trade zone of 635 million people and one third of global GDP.
But they need us more than we need them right?
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By (user no longer on site)
over a year ago
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"So, on the day this country's ruling party tore itself apart the European Parliament approved a trade deal with Japan to create a trade zone of 635 million people and one third of global GDP.
But they need us more than we need them right?
Give it 5 years post brexit and most Japanese companies producing any physical assets will likely have relocated; or very least stall investing here.
"
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By (user no longer on site)
over a year ago
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"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF"
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too  |
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By *oodmessMan
over a year ago
yumsville |
"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too "
So we are part of it by default membership before leaving? |
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"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too "
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then? |
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By (user no longer on site)
over a year ago
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"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
So we are part of it by default membership before leaving? "
for a fleeting moment ... like ships that pass in the night
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By (user no longer on site)
over a year ago
|
"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?"
Being responsible grown ups and multitasking dealing with the shit storm we are making, and internal divisions. To hash out a trade arrangement in 6 years, then ratify it in 6 months, is pretty fast. |
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By (user no longer on site)
over a year ago
|
"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?"
What the fuck has our Government been doing for the last 2.5 fucking years  |
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By (user no longer on site)
over a year ago
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"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?"
Honestly, if the EU cured Cancer you'd find something to bitch about them.
You are the most bitter man I have ever known on a internet forum. |
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"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?"
Have you a view on the substance of the deal? Do you think that it might have an impact upon investment decisions of Japanese companies for example? |
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By (user no longer on site)
over a year ago
|
"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?
Have you a view on the substance of the deal? Do you think that it might have an impact upon investment decisions of Japanese companies for example?"
well the transition period will give japanese companies adequate time to move their business to europe without any fuss or bother ... just like all the banks started to do this week |
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By *andS66Couple
over a year ago
Derby |
"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?
Being responsible grown ups and multitasking dealing with the shit storm we are making, and internal divisions. To hash out a trade arrangement in 6 years, then ratify it in 6 months, is pretty fast."
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation. |
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"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?
Being responsible grown ups and multitasking dealing with the shit storm we are making, and internal divisions. To hash out a trade arrangement in 6 years, then ratify it in 6 months, is pretty fast.
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation."
Australia has done deals quicker than 1 1/2 years too. |
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By (user no longer on site)
over a year ago
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"
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation."
Indeed, one Government negotiating with another, or more accurately one President negotiating with a Monarch tends to speed things up a lot.
"
How to negotiate a faster deal
Based on its sample of 20 deals, the institute identifies two factors that can speed up the negotiation process: a monarch and an election year.
Four of the agreements took less than a year, three of which were with countries with monarchies: Bahrain, Jordan, and Oman.
PIIE estimates that having a monarch cuts the time it takes to negotiate by about half.
Agreements signed during a US presidential election year take about 40% less time than deals struck at other times. And more than half of US agreements were signed in election years.
"
I'm guessing that's your data source.
Our problems lie in the fact we don't really have good experienced negotiating teams as the last 2.5 years have unfortunately proved beyond any reasonable doubt.
Taking that into account I don't think it's unreasonable to say our average time to negotiate a trade agreement to implementation will be any less than 4 years per agreement.
If we leave the EU we lose at least 50 trade agreements and unless we massively increase our trade negotiations teams we can't do more than one agreement at a time "Liam Fox" himself has stated this fact then just to get back to where we are now that's ...
50 agreements just to get back to square one
4 years per agreement
Easy maths really.....
Is this kind of timeframe brexiteers are on about as a few short term "bumps in the road" ? |
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"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?"
And you think a sovereign UK government could agree something so complex more quickly
Let's look for examples of UK government efficiency ? |
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"But logic tells you thay 27 states all having their own agendas but working to a common goal is necessarily going to take longer to reach a full and final deal when compared to single nations so the comparison doesn’t weigh up. "
So you're admitting we can do trade deals much quicker on our own outside of the EU then. Glad you've finally seen the light. It's not just timeframe for doing deals we are at a disadvantage with being in the EU it's also outcomes as you say, 27 states all have their own agendas in the EU and look to put their own priorities above other member states, this inevitably means compromise and the EU member states don't get their priorities in EU trade deals fully adhered to, they have to give way in trade deals to other members priorities and what other member states want. Outside of the EU we can do trade deals much quicker and can focus the deals tailored 100% towards our own priorities without taking into account what other EU members want. |
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"
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation.
Indeed, one Government negotiating with another, or more accurately one President negotiating with a Monarch tends to speed things up a lot.
How to negotiate a faster deal
Based on its sample of 20 deals, the institute identifies two factors that can speed up the negotiation process: a monarch and an election year.
Four of the agreements took less than a year, three of which were with countries with monarchies: Bahrain, Jordan, and Oman.
PIIE estimates that having a monarch cuts the time it takes to negotiate by about half.
Agreements signed during a US presidential election year take about 40% less time than deals struck at other times. And more than half of US agreements were signed in election years.
I'm guessing that's your data source.
Our problems lie in the fact we don't really have good experienced negotiating teams as the last 2.5 years have unfortunately proved beyond any reasonable doubt.
Taking that into account I don't think it's unreasonable to say our average time to negotiate a trade agreement to implementation will be any less than 4 years per agreement.
If we leave the EU we lose at least 50 trade agreements and unless we massively increase our trade negotiations teams we can't do more than one agreement at a time "Liam Fox" himself has stated this fact then just to get back to where we are now that's ...
50 agreements just to get back to square one
4 years per agreement
Easy maths really.....
Is this kind of timeframe brexiteers are on about as a few short term "bumps in the road" ?"
If there's another referendum or an election, it would be helpful if people are better educated on the timeframes that would ensue, the losses and costs etc. The 'just get on with it' mob seem oblivious to the complexity of leaving as well as to the enormous complexity / workload of agreeing new deals. And blinkered to the incompetence of the government to do anything, when it's taken them 2 years to only partially agree upon something. |
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By (user no longer on site)
over a year ago
|
"
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation.
Indeed, one Government negotiating with another, or more accurately one President negotiating with a Monarch tends to speed things up a lot.
How to negotiate a faster deal
Based on its sample of 20 deals, the institute identifies two factors that can speed up the negotiation process: a monarch and an election year.
Four of the agreements took less than a year, three of which were with countries with monarchies: Bahrain, Jordan, and Oman.
PIIE estimates that having a monarch cuts the time it takes to negotiate by about half.
Agreements signed during a US presidential election year take about 40% less time than deals struck at other times. And more than half of US agreements were signed in election years.
I'm guessing that's your data source.
Our problems lie in the fact we don't really have good experienced negotiating teams as the last 2.5 years have unfortunately proved beyond any reasonable doubt.
Taking that into account I don't think it's unreasonable to say our average time to negotiate a trade agreement to implementation will be any less than 4 years per agreement.
If we leave the EU we lose at least 50 trade agreements and unless we massively increase our trade negotiations teams we can't do more than one agreement at a time "Liam Fox" himself has stated this fact then just to get back to where we are now that's ...
50 agreements just to get back to square one
4 years per agreement
Easy maths really.....
Is this kind of timeframe brexiteers are on about as a few short term "bumps in the road" ?
If there's another referendum or an election, it would be helpful if people are better educated on the timeframes that would ensue, the losses and costs etc. The 'just get on with it' mob seem oblivious to the complexity of leaving as well as to the enormous complexity / workload of agreeing new deals. And blinkered to the incompetence of the government to do anything, when it's taken them 2 years to only partially agree upon something."
Thing is though if educated opinions based on previous experiences / facts don't add up to what some people want to hear then it's all dismissed as Project Fear |
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"
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation.
Indeed, one Government negotiating with another, or more accurately one President negotiating with a Monarch tends to speed things up a lot.
How to negotiate a faster deal
Based on its sample of 20 deals, the institute identifies two factors that can speed up the negotiation process: a monarch and an election year.
Four of the agreements took less than a year, three of which were with countries with monarchies: Bahrain, Jordan, and Oman.
PIIE estimates that having a monarch cuts the time it takes to negotiate by about half.
Agreements signed during a US presidential election year take about 40% less time than deals struck at other times. And more than half of US agreements were signed in election years.
I'm guessing that's your data source.
Our problems lie in the fact we don't really have good experienced negotiating teams as the last 2.5 years have unfortunately proved beyond any reasonable doubt.
Taking that into account I don't think it's unreasonable to say our average time to negotiate a trade agreement to implementation will be any less than 4 years per agreement.
If we leave the EU we lose at least 50 trade agreements and unless we massively increase our trade negotiations teams we can't do more than one agreement at a time "Liam Fox" himself has stated this fact then just to get back to where we are now that's ...
50 agreements just to get back to square one
4 years per agreement
Easy maths really.....
Is this kind of timeframe brexiteers are on about as a few short term "bumps in the road" ?
If there's another referendum or an election, it would be helpful if people are better educated on the timeframes that would ensue, the losses and costs etc. The 'just get on with it' mob seem oblivious to the complexity of leaving as well as to the enormous complexity / workload of agreeing new deals. And blinkered to the incompetence of the government to do anything, when it's taken them 2 years to only partially agree upon something."
The last 2 years timeframe for exiting the EU was set in the EU treaties, it's called article 50 and is a 2 year time period as set within the EU treaties. So if you're moaning and bitching about the last 2 years, you're actually moaning and bitching about a timeframe that is set within an EU treaty. It's taken 2 years because that's what the EU's own treaties insist on. |
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By (user no longer on site)
over a year ago
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"But logic tells you thay 27 states all having their own agendas but working to a common goal is necessarily going to take longer to reach a full and final deal when compared to single nations so the comparison doesn’t weigh up.
So you're admitting we can do trade deals much quicker on our own outside of the EU then. Glad you've finally seen the light. It's not just timeframe for doing deals we are at a disadvantage with being in the EU it's also outcomes as you say, 27 states all have their own agendas in the EU and look to put their own priorities above other member states, this inevitably means compromise and the EU member states don't get their priorities in EU trade deals fully adhered to, they have to give way in trade deals to other members priorities and what other member states want. Outside of the EU we can do trade deals much quicker and can focus the deals tailored 100% towards our own priorities without taking into account what other EU members want. "
It’s not an admission its a statement of fact because unlike Australia or the USA the EU is a democratic confederation of individual states and as such there is a lot more discussion required between those states to maintain a democratic process. My point was that your comparison was invalid in the context of your argument. You have now shifted your argument to the point that as an individual nation we could make deals more quickly which could well be true but the deals we couldmake as a small nation would in my opinion be weaker than those of a large trading bloc like the EU |
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By (user no longer on site)
over a year ago
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"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?
Being responsible grown ups and multitasking dealing with the shit storm we are making, and internal divisions. To hash out a trade arrangement in 6 years, then ratify it in 6 months, is pretty fast.
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation."
Don't know where you got your figures from, but they are different to the figures I got when I googled "how long does it take to do a free trade deal"? |
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By (user no longer on site)
over a year ago
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"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?
Being responsible grown ups and multitasking dealing with the shit storm we are making, and internal divisions. To hash out a trade arrangement in 6 years, then ratify it in 6 months, is pretty fast.
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation."
Do us a favour and list the ones which took such short notice.
I get the feeling it's a case of the US dictating terms to a newly industrialised country or that it needs a resource desperately.
Let's see how quickly it does deals with other diversified economies by contrast. |
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By *ara JTV/TS
over a year ago
Bristol East |
"But logic tells you thay 27 states all having their own agendas but working to a common goal is necessarily going to take longer to reach a full and final deal when compared to single nations so the comparison doesn’t weigh up.
So you're admitting we can do trade deals much quicker on our own outside of the EU then. Glad you've finally seen the light. It's not just timeframe for doing deals we are at a disadvantage with being in the EU it's also outcomes as you say, 27 states all have their own agendas in the EU and look to put their own priorities above other member states, this inevitably means compromise and the EU member states don't get their priorities in EU trade deals fully adhered to, they have to give way in trade deals to other members priorities and what other member states want. Outside of the EU we can do trade deals much quicker and can focus the deals tailored 100% towards our own priorities without taking into account what other EU members want. "
Pure fiction.
The UK trying to do a deal with a country or a bloc will get 100 per cent what it wants?
Aren’t you forgetting what the other party wants?
Like unlimited access to the UK for students in the case of India?
Or a carve-up of UK healthcare in the case of the US?
Trade deals are not diplomatic niceties - their negotiation is brutal, uncompromising and weighted in favour of the strong who can bully the weak. |
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By (user no longer on site)
over a year ago
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"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?
Being responsible grown ups and multitasking dealing with the shit storm we are making, and internal divisions. To hash out a trade arrangement in 6 years, then ratify it in 6 months, is pretty fast.
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation.
Don't know where you got your figures from, but they are different to the figures I got when I googled "how long does it take to do a free trade deal"?"
My source was the world economic forum, the fastest was Jordan - 4 months to do and ratifed in 18 months! My source puts the average at 48 months. I did see your source - unfortunately I can't remember the name but think it was Pii? |
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By (user no longer on site)
over a year ago
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Numbers and context.
Over what time period were all the US deals negotiated? They’ve done c 20 in the last 20 years. So if we’re using them as a proxy if achievable where does that put us ?
Who were the deals with ? Have they done anything comparable to Eu and Japan which is the largest ever. Was the balance of power similar ?
How quickly do Japan normally do deals ? Could it be them who added to the timeline ?
Moving away from making sure we compare apples with apples, this opens up a new market for BMW etc to sell without tarriffs and reduces tarrifs in Japanese cars into the EU. If I were a british car exporter I’d be a bit worried about this. And if I were Bmw I’d be seeing a new market to tap into if the uk becomes trickier. I think this weakens our brexit negotiation (by how much depend on how much cars were a large part of the leverage)
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By (user no longer on site)
over a year ago
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"
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation.
Indeed, one Government negotiating with another, or more accurately one President negotiating with a Monarch tends to speed things up a lot.
How to negotiate a faster deal
Based on its sample of 20 deals, the institute identifies two factors that can speed up the negotiation process: a monarch and an election year.
Four of the agreements took less than a year, three of which were with countries with monarchies: Bahrain, Jordan, and Oman.
PIIE estimates that having a monarch cuts the time it takes to negotiate by about half.
Agreements signed during a US presidential election year take about 40% less time than deals struck at other times. And more than half of US agreements were signed in election years.
I'm guessing that's your data source.
Our problems lie in the fact we don't really have good experienced negotiating teams as the last 2.5 years have unfortunately proved beyond any reasonable doubt.
Taking that into account I don't think it's unreasonable to say our average time to negotiate a trade agreement to implementation will be any less than 4 years per agreement.
If we leave the EU we lose at least 50 trade agreements and unless we massively increase our trade negotiations teams we can't do more than one agreement at a time "Liam Fox" himself has stated this fact then just to get back to where we are now that's ...
50 agreements just to get back to square one
4 years per agreement
Easy maths really.....
Is this kind of timeframe brexiteers are on about as a few short term "bumps in the road" ?
If there's another referendum or an election, it would be helpful if people are better educated on the timeframes that would ensue, the losses and costs etc. The 'just get on with it' mob seem oblivious to the complexity of leaving as well as to the enormous complexity / workload of agreeing new deals. And blinkered to the incompetence of the government to do anything, when it's taken them 2 years to only partially agree upon something.
The last 2 years timeframe for exiting the EU was set in the EU treaties, it's called article 50 and is a 2 year time period as set within the EU treaties. So if you're moaning and bitching about the last 2 years, you're actually moaning and bitching about a timeframe that is set within an EU treaty. It's taken 2 years because that's what the EU's own treaties insist on. "
You as ever have got it all wrong as normal.
We're not on about the Article 50 timeframe, we're on about the fact that after 2.5 years after the referendum the UK still cannot agree on exactly what the fuck it actually wants out of BREXIT.
But that fact was abundantly clear. |
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"Numbers and context.
Over what time period were all the US deals negotiated? They’ve done c 20 in the last 20 years. So if we’re using them as a proxy if achievable where does that put us ?
Who were the deals with ? Have they done anything comparable to Eu and Japan which is the largest ever. Was the balance of power similar ?
How quickly do Japan normally do deals ? Could it be them who added to the timeline ?
Moving away from making sure we compare apples with apples, this opens up a new market for BMW etc to sell without tarriffs and reduces tarrifs in Japanese cars into the EU. If I were a british car exporter I’d be a bit worried about this. And if I were Bmw I’d be seeing a new market to tap into if the uk becomes trickier. I think this weakens our brexit negotiation (by how much depend on how much cars were a large part of the leverage)
"
The EU does not have a free trade deal with the USA. If the UK does a quick free trade deal with USA after Brexit (and it's reported USA has already started passing legislation in preparation to do a trade deal with UK), then that opens up new markets for UK car makers (USA market is much bigger than Japan's). Also good for the USA because it opens up the UK car market for USA car makers. If I were a German car exporter I'd be worried about this. As governor of the Bank of England Mark Carney pointed out when one set of products become more expensive then consumers just switch to a cheaper product. This could be what happens if German cars become more expensive here and USA made cars for the UK market become cheaper as a result of Brexit, consumers will switch products. |
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By (user no longer on site)
over a year ago
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Been reading news feeds this morning stating the good old US of A could well insist on a "No Chinese FTA" clause in a future UK / US trade agreement.
The clause would effectively cancel the UK / US trade deal if the UK tried to arrange a UK / China FTA as on going punishment in the US initiated trade war against China.
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By (user no longer on site)
over a year ago
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"Numbers and context.
Over what time period were all the US deals negotiated? They’ve done c 20 in the last 20 years. So if we’re using them as a proxy if achievable where does that put us ?
Who were the deals with ? Have they done anything comparable to Eu and Japan which is the largest ever. Was the balance of power similar ?
How quickly do Japan normally do deals ? Could it be them who added to the timeline ?
Moving away from making sure we compare apples with apples, this opens up a new market for BMW etc to sell without tarriffs and reduces tarrifs in Japanese cars into the EU. If I were a british car exporter I’d be a bit worried about this. And if I were Bmw I’d be seeing a new market to tap into if the uk becomes trickier. I think this weakens our brexit negotiation (by how much depend on how much cars were a large part of the leverage)
The EU does not have a free trade deal with the USA. If the UK does a quick free trade deal with USA after Brexit (and it's reported USA has already started passing legislation in preparation to do a trade deal with UK), then that opens up new markets for UK car makers (USA market is much bigger than Japan's). Also good for the USA because it opens up the UK car market for USA car makers. If I were a German car exporter I'd be worried about this. As governor of the Bank of England Mark Carney pointed out when one set of products become more expensive then consumers just switch to a cheaper product. This could be what happens if German cars become more expensive here and USA made cars for the UK market become cheaper as a result of Brexit, consumers will switch products. "
Lots of "if's " here. Define quick - Trump indicates 2yrs? What about America First - we already sell them more than we buy? American cars have never swamped the UK / European market - I wonder why? German factories could well export their cars to the UK - we will see. The thing is the people buying new BMW, AUDI, MERCEDES-BENZ & VW are probably still going to buy them - probably they won't change their car as often - the reason being there is no choice. They want a prestigious vehicle and the only British vehicles are JLR? |
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By (user no longer on site)
over a year ago
|
"Numbers and context.
Over what time period were all the US deals negotiated? They’ve done c 20 in the last 20 years. So if we’re using them as a proxy if achievable where does that put us ?
Who were the deals with ? Have they done anything comparable to Eu and Japan which is the largest ever. Was the balance of power similar ?
How quickly do Japan normally do deals ? Could it be them who added to the timeline ?
Moving away from making sure we compare apples with apples, this opens up a new market for BMW etc to sell without tarriffs and reduces tarrifs in Japanese cars into the EU. If I were a british car exporter I’d be a bit worried about this. And if I were Bmw I’d be seeing a new market to tap into if the uk becomes trickier. I think this weakens our brexit negotiation (by how much depend on how much cars were a large part of the leverage)
The EU does not have a free trade deal with the USA. If the UK does a quick free trade deal with USA after Brexit (and it's reported USA has already started passing legislation in preparation to do a trade deal with UK), then that opens up new markets for UK car makers (USA market is much bigger than Japan's). Also good for the USA because it opens up the UK car market for USA car makers. If I were a German car exporter I'd be worried about this. As governor of the Bank of England Mark Carney pointed out when one set of products become more expensive then consumers just switch to a cheaper product. This could be what happens if German cars become more expensive here and USA made cars for the UK market become cheaper as a result of Brexit, consumers will switch products. "
We’re in agreement that people switch if their comparable good is cheaper.
The Eu has the upper hand atm as they have the FTA with Japan. Ours with the US is still an idea in progress (at best).
I also see Japan’s cars being closer comparisons to European cars than the Americans. |
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"Numbers and context.
Over what time period were all the US deals negotiated? They’ve done c 20 in the last 20 years. So if we’re using them as a proxy if achievable where does that put us ?
Who were the deals with ? Have they done anything comparable to Eu and Japan which is the largest ever. Was the balance of power similar ?
How quickly do Japan normally do deals ? Could it be them who added to the timeline ?
Moving away from making sure we compare apples with apples, this opens up a new market for BMW etc to sell without tarriffs and reduces tarrifs in Japanese cars into the EU. If I were a british car exporter I’d be a bit worried about this. And if I were Bmw I’d be seeing a new market to tap into if the uk becomes trickier. I think this weakens our brexit negotiation (by how much depend on how much cars were a large part of the leverage)
The EU does not have a free trade deal with the USA. If the UK does a quick free trade deal with USA after Brexit (and it's reported USA has already started passing legislation in preparation to do a trade deal with UK), then that opens up new markets for UK car makers (USA market is much bigger than Japan's). Also good for the USA because it opens up the UK car market for USA car makers. If I were a German car exporter I'd be worried about this. As governor of the Bank of England Mark Carney pointed out when one set of products become more expensive then consumers just switch to a cheaper product. This could be what happens if German cars become more expensive here and USA made cars for the UK market become cheaper as a result of Brexit, consumers will switch products.
Lots of "if's " here. Define quick - Trump indicates 2yrs? What about America First - we already sell them more than we buy? American cars have never swamped the UK / European market - I wonder why? German factories could well export their cars to the UK - we will see. The thing is the people buying new BMW, AUDI, MERCEDES-BENZ & VW are probably still going to buy them - probably they won't change their car as often - the reason being there is no choice. They want a prestigious vehicle and the only British vehicles are JLR? "
So if you're saying UK consumers will still buy BMW/Mercedes/Audi/VW/Porsche, regardless of price because that's what they want then logic follows European consumers will still buy Jaguar/Land Rover/Aston Martin/McClaren/Rolls Royce, regardless of price because that's what they want. |
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By *oo hotCouple
over a year ago
North West |
"Been reading news feeds this morning stating the good old US of A could well insist on a "No Chinese FTA" clause in a future UK / US trade agreement.
The clause would effectively cancel the UK / US trade deal if the UK tried to arrange a UK / China FTA as on going punishment in the US initiated trade war against China.
"
The loss of Sovereignty that the UK would have to swallow to get a trade deal with the US would be a somewhat difficult sell.
The one shining light on the horizon is that Trump may well be a lame duck in the next 12 months and the return of traditional politics and diplomacy in Washington may make life easier for a future UK/US trade deal.
I have ZERO expectation of anything even remotely acceptable dealing with the Trump regime. Luckily we will not be forced into such a trade deal through desperation... Or will we? |
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By (user no longer on site)
over a year ago
|
"Numbers and context.
Over what time period were all the US deals negotiated? They’ve done c 20 in the last 20 years. So if we’re using them as a proxy if achievable where does that put us ?
Who were the deals with ? Have they done anything comparable to Eu and Japan which is the largest ever. Was the balance of power similar ?
How quickly do Japan normally do deals ? Could it be them who added to the timeline ?
Moving away from making sure we compare apples with apples, this opens up a new market for BMW etc to sell without tarriffs and reduces tarrifs in Japanese cars into the EU. If I were a british car exporter I’d be a bit worried about this. And if I were Bmw I’d be seeing a new market to tap into if the uk becomes trickier. I think this weakens our brexit negotiation (by how much depend on how much cars were a large part of the leverage)
The EU does not have a free trade deal with the USA. If the UK does a quick free trade deal with USA after Brexit (and it's reported USA has already started passing legislation in preparation to do a trade deal with UK), then that opens up new markets for UK car makers (USA market is much bigger than Japan's). Also good for the USA because it opens up the UK car market for USA car makers. If I were a German car exporter I'd be worried about this. As governor of the Bank of England Mark Carney pointed out when one set of products become more expensive then consumers just switch to a cheaper product. This could be what happens if German cars become more expensive here and USA made cars for the UK market become cheaper as a result of Brexit, consumers will switch products.
Lots of "if's " here. Define quick - Trump indicates 2yrs? What about America First - we already sell them more than we buy? American cars have never swamped the UK / European market - I wonder why? German factories could well export their cars to the UK - we will see. The thing is the people buying new BMW, AUDI, MERCEDES-BENZ & VW are probably still going to buy them - probably they won't change their car as often - the reason being there is no choice. They want a prestigious vehicle and the only British vehicles are JLR?
So if you're saying UK consumers will still buy BMW/Mercedes/Audi/VW/Porsche, regardless of price because that's what they want then logic follows European consumers will still buy Jaguar/Land Rover/Aston Martin/McClaren/Rolls Royce, regardless of price because that's what they want. "
Absolutely right the "elites" will be able to. What car do you drive? |
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By (user no longer on site)
over a year ago
|
"Numbers and context.
Over what time period were all the US deals negotiated? They’ve done c 20 in the last 20 years. So if we’re using them as a proxy if achievable where does that put us ?
Who were the deals with ? Have they done anything comparable to Eu and Japan which is the largest ever. Was the balance of power similar ?
How quickly do Japan normally do deals ? Could it be them who added to the timeline ?
Moving away from making sure we compare apples with apples, this opens up a new market for BMW etc to sell without tarriffs and reduces tarrifs in Japanese cars into the EU. If I were a british car exporter I’d be a bit worried about this. And if I were Bmw I’d be seeing a new market to tap into if the uk becomes trickier. I think this weakens our brexit negotiation (by how much depend on how much cars were a large part of the leverage)
The EU does not have a free trade deal with the USA. If the UK does a quick free trade deal with USA after Brexit (and it's reported USA has already started passing legislation in preparation to do a trade deal with UK), then that opens up new markets for UK car makers (USA market is much bigger than Japan's). Also good for the USA because it opens up the UK car market for USA car makers. If I were a German car exporter I'd be worried about this. As governor of the Bank of England Mark Carney pointed out when one set of products become more expensive then consumers just switch to a cheaper product. This could be what happens if German cars become more expensive here and USA made cars for the UK market become cheaper as a result of Brexit, consumers will switch products.
Lots of "if's " here. Define quick - Trump indicates 2yrs? What about America First - we already sell them more than we buy? American cars have never swamped the UK / European market - I wonder why? German factories could well export their cars to the UK - we will see. The thing is the people buying new BMW, AUDI, MERCEDES-BENZ & VW are probably still going to buy them - probably they won't change their car as often - the reason being there is no choice. They want a prestigious vehicle and the only British vehicles are JLR?
So if you're saying UK consumers will still buy BMW/Mercedes/Audi/VW/Porsche, regardless of price because that's what they want then logic follows European consumers will still buy Jaguar/Land Rover/Aston Martin/McClaren/Rolls Royce, regardless of price because that's what they want.
Absolutely right the "elites" will be able to. What car do you drive?"
Good question |
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By *andS66Couple
over a year ago
Derby |
"
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation.
Indeed, one Government negotiating with another, or more accurately one President negotiating with a Monarch tends to speed things up a lot.
How to negotiate a faster deal
Based on its sample of 20 deals, the institute identifies two factors that can speed up the negotiation process: a monarch and an election year.
Four of the agreements took less than a year, three of which were with countries with monarchies: Bahrain, Jordan, and Oman.
PIIE estimates that having a monarch cuts the time it takes to negotiate by about half.
Agreements signed during a US presidential election year take about 40% less time than deals struck at other times. And more than half of US agreements were signed in election years.
I'm guessing that's your data source.
Our problems lie in the fact we don't really have good experienced negotiating teams as the last 2.5 years have unfortunately proved beyond any reasonable doubt.
Taking that into account I don't think it's unreasonable to say our average time to negotiate a trade agreement to implementation will be any less than 4 years per agreement.
If we leave the EU we lose at least 50 trade agreements and unless we massively increase our trade negotiations teams we can't do more than one agreement at a time "Liam Fox" himself has stated this fact then just to get back to where we are now that's ...
50 agreements just to get back to square one
4 years per agreement
Easy maths really.....
Is this kind of timeframe brexiteers are on about as a few short term "bumps in the road" ?"
So you're saying it's 50 agreements × 4 years = 200 years?
Is that really what you're saying..is that your "easy maths"?
Wow! |
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By (user no longer on site)
over a year ago
|
"
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation.
Indeed, one Government negotiating with another, or more accurately one President negotiating with a Monarch tends to speed things up a lot.
How to negotiate a faster deal
Based on its sample of 20 deals, the institute identifies two factors that can speed up the negotiation process: a monarch and an election year.
Four of the agreements took less than a year, three of which were with countries with monarchies: Bahrain, Jordan, and Oman.
PIIE estimates that having a monarch cuts the time it takes to negotiate by about half.
Agreements signed during a US presidential election year take about 40% less time than deals struck at other times. And more than half of US agreements were signed in election years.
I'm guessing that's your data source.
Our problems lie in the fact we don't really have good experienced negotiating teams as the last 2.5 years have unfortunately proved beyond any reasonable doubt.
Taking that into account I don't think it's unreasonable to say our average time to negotiate a trade agreement to implementation will be any less than 4 years per agreement.
If we leave the EU we lose at least 50 trade agreements and unless we massively increase our trade negotiations teams we can't do more than one agreement at a time "Liam Fox" himself has stated this fact then just to get back to where we are now that's ...
50 agreements just to get back to square one
4 years per agreement
Easy maths really.....
Is this kind of timeframe brexiteers are on about as a few short term "bumps in the road" ?
So you're saying it's 50 agreements × 4 years = 200 years?
Is that really what you're saying..is that your "easy maths"?
Wow!"
Going on an average of 4 years per trade agreement, our own Liam Fox saying we could only negotiate one at a time, I don't know , how else would you calculate it ? |
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"I can go out and buy an American car in the UK tomorrow if I want. I don’t, because I had one before and it was rubbish.
Another red herring from Centaur. I am losing count of them."
I just looked on the car reliability index website and American car makers have 2 brands in the top 20, which are Ford and Chevrolet. There are no German brands in the top 20. I used to own a German car (BMW) but got rid of it because it was rubbish. |
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By (user no longer on site)
over a year ago
|
"I can go out and buy an American car in the UK tomorrow if I want. I don’t, because I had one before and it was rubbish.
Another red herring from Centaur. I am losing count of them.
I just looked on the car reliability index website and American car makers have 2 brands in the top 20, which are Ford and Chevrolet. There are no German brands in the top 20. I used to own a German car (BMW) but got rid of it because it was rubbish. "
Car reliability index, top result in Google,
Mercedes-Benz CLC "No 8"
|
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"I can go out and buy an American car in the UK tomorrow if I want. I don’t, because I had one before and it was rubbish.
Another red herring from Centaur. I am losing count of them.
I just looked on the car reliability index website and American car makers have 2 brands in the top 20, which are Ford and Chevrolet. There are no German brands in the top 20. I used to own a German car (BMW) but got rid of it because it was rubbish.
Car reliability index, top result in Google,
Mercedes-Benz CLC "No 8"
"
Not on the car reliability index website I'm looking at. The first German brand to appear on the list is VW at number 25.
Ford comes in at number 7. |
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By (user no longer on site)
over a year ago
|
"There is a car advert running on the radio.
“Vauxhall - a British brand since 1903”
Funny they do mention being owned by General Motors."
Actually they are owned by groupe PSA of France. |
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By *ara JTV/TS
over a year ago
Bristol East |
"There is a car advert running on the radio.
“Vauxhall - a British brand since 1903”
Funny they do mention being owned by General Motors.
Actually they are owned by groupe PSA of France."
I’m out of date with my info
It’s still marketing BS though |
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By (user no longer on site)
over a year ago
|
"I can go out and buy an American car in the UK tomorrow if I want. I don’t, because I had one before and it was rubbish.
Another red herring from Centaur. I am losing count of them.
I just looked on the car reliability index website and American car makers have 2 brands in the top 20, which are Ford and Chevrolet. There are no German brands in the top 20. I used to own a German car (BMW) but got rid of it because it was rubbish.
Car reliability index, top result in Google,
Mercedes-Benz CLC "No 8"
Not on the car reliability index website I'm looking at. The first German brand to appear on the list is VW at number 25.
Ford comes in at number 7. "
The top 5 or 6 Google results are all the same reliability index . Com , lower down the results is a WhatCar survey. |
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By (user no longer on site)
over a year ago
|
Ha, just seen the option on the same website for the 10 worst cars...
5 out of the 10 are BMW X4 & Mercedes Benz X1 listings
Lol, whatever happened to German engineering  |
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By (user no longer on site)
over a year ago
|
"Ha, just seen the option on the same website for the 10 worst cars...
5 out of the 10 are BMW X4 & Mercedes Benz X1 listings
Lol, whatever happened to German engineering "
I guess Centy is probably looking at the JD Power survey and has gone on the US version for his ratings and Iwonder if thats by mistake or possibly design?  |
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By *abioMan
over a year ago
Newcastle and Gateshead |
someone should also tell centy that ford north america and ford Europe basically operate as two seperate entities within the one company which is why ford have two different ranges in the two different sectors.... and why all for compnents for fords north america entity are built in the usa, canada and mexico..... and ford europes are made entirely in europe...
to take advantage of the markets in the different regions with tariff free trade..... |
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By (user no longer on site)
over a year ago
|
"someone should also tell centy that ford north america and ford Europe basically operate as two seperate entities within the one company which is why ford have two different ranges in the two different sectors.... and why all for compnents for fords north america entity are built in the usa, canada and mexico..... and ford europes are made entirely in europe...
to take advantage of the markets in the different regions with tariff free trade..... "
The problem is that you can tell him, I can (I don't want to because it does not make sense anyway), someone else can but he will not understand it anyway |
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By *andS66Couple
over a year ago
Derby |
"
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation.
Indeed, one Government negotiating with another, or more accurately one President negotiating with a Monarch tends to speed things up a lot.
How to negotiate a faster deal
Based on its sample of 20 deals, the institute identifies two factors that can speed up the negotiation process: a monarch and an election year.
Four of the agreements took less than a year, three of which were with countries with monarchies: Bahrain, Jordan, and Oman.
PIIE estimates that having a monarch cuts the time it takes to negotiate by about half.
Agreements signed during a US presidential election year take about 40% less time than deals struck at other times. And more than half of US agreements were signed in election years.
I'm guessing that's your data source.
Our problems lie in the fact we don't really have good experienced negotiating teams as the last 2.5 years have unfortunately proved beyond any reasonable doubt.
Taking that into account I don't think it's unreasonable to say our average time to negotiate a trade agreement to implementation will be any less than 4 years per agreement.
If we leave the EU we lose at least 50 trade agreements and unless we massively increase our trade negotiations teams we can't do more than one agreement at a time "Liam Fox" himself has stated this fact then just to get back to where we are now that's ...
50 agreements just to get back to square one
4 years per agreement
Easy maths really.....
Is this kind of timeframe brexiteers are on about as a few short term "bumps in the road" ?
So you're saying it's 50 agreements × 4 years = 200 years?
Is that really what you're saying..is that your "easy maths"?
Wow!
Going on an average of 4 years per trade agreement, our own Liam Fox saying we could only negotiate one at a time, I don't know , how else would you calculate it ?"
How many trade deals does the EU have...50? Each one takes an average of 8 years......
Now you apply your 'simple maths' to that, and you'll find how far out you are.... |
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By (user no longer on site)
over a year ago
|
"
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation.
Indeed, one Government negotiating with another, or more accurately one President negotiating with a Monarch tends to speed things up a lot.
How to negotiate a faster deal
Based on its sample of 20 deals, the institute identifies two factors that can speed up the negotiation process: a monarch and an election year.
Four of the agreements took less than a year, three of which were with countries with monarchies: Bahrain, Jordan, and Oman.
PIIE estimates that having a monarch cuts the time it takes to negotiate by about half.
Agreements signed during a US presidential election year take about 40% less time than deals struck at other times. And more than half of US agreements were signed in election years.
I'm guessing that's your data source.
Our problems lie in the fact we don't really have good experienced negotiating teams as the last 2.5 years have unfortunately proved beyond any reasonable doubt.
Taking that into account I don't think it's unreasonable to say our average time to negotiate a trade agreement to implementation will be any less than 4 years per agreement.
If we leave the EU we lose at least 50 trade agreements and unless we massively increase our trade negotiations teams we can't do more than one agreement at a time "Liam Fox" himself has stated this fact then just to get back to where we are now that's ...
50 agreements just to get back to square one
4 years per agreement
Easy maths really.....
Is this kind of timeframe brexiteers are on about as a few short term "bumps in the road" ?
So you're saying it's 50 agreements × 4 years = 200 years?
Is that really what you're saying..is that your "easy maths"?
Wow!
Going on an average of 4 years per trade agreement, our own Liam Fox saying we could only negotiate one at a time, I don't know , how else would you calculate it ?
How many trade deals does the EU have...50? Each one takes an average of 8 years......
Now you apply your 'simple maths' to that, and you'll find how far out you are...."
If we have comparable negotiating teams to the EU yes but we don't so no.
Simple calculations are..
Average 4 years per trade agreement
We can only negotiate one agreement at a time according to our Trade Minister Liam Fox
We have about 50 trade agreements we will lose when leaving the EU unless they can be converted to bilateral deals.
These are not my opinions, it's just how it is
Anyway, I know you're the argumentative type so I'm not going to try and justify anything to you when I'm just stating what's what.
Just because you don't like it doesn't mean it doesn't exist. |
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By *abioMan
over a year ago
Newcastle and Gateshead |
actually.... both of you are kinda hitting on the right thing.... but the conclusion you are reaching is both wrong....
the true point is that because the EU is a bigger entity and has been doing this for a while.. they have the experience to do this quicker on the various different fronts
whereas because the UK are working from a standing start so to speak they are not going to be able to do so many deals at the same time, will take longer to reach as many deals in the sense of the danger of spreading themselves thin, and are not going to have the experience to get as good a deal because of both the scale of the economies and the bargining strength....
for example you are not going to get as good a deal being just the UK, than you are as the EU, or as you are a china for example, because the US needs those territories and regions more than the UK... so for example in the US-UK trade deal it is going to be the US working from a position strength....plus the UK already has a trade surplus with the US, so what you going to have to "give up" to get this deal.... and thats why people keep going on about agriculture! because at the moment the products they sell are currently banned by the EU from entering the human foodchain (chlorinated chicken, Steroid enfused meats, genetically modified corn and grain ect ect ect) |
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By *asyukMan
over a year ago
West London |
"I thought this was agreed moths ago.
Reuters 17th July, EU - Japan FTD
https://uk.reuters.com/article/eu-data-japan/eu-agrees-on-data-deal-with-japan-idUKL8N1UD1JF
the deal was hammered out some time ago .... the member states appoved the deal today ... only 6 years in the making too
Approved 6 months ago in July then but only ratified today? What have the EU been doing with their thumbs up their arses for the last 6 months then?
Being responsible grown ups and multitasking dealing with the shit storm we are making, and internal divisions. To hash out a trade arrangement in 6 years, then ratify it in 6 months, is pretty fast.
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation."
They don't have trade deals with countries of a similar size.
They can bully the small ones  |
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"
The USA takes 1 1/2 years on average to agree FTAs. And less than 3 years in total from commencement of talks to full implementation.
Indeed, one Government negotiating with another, or more accurately one President negotiating with a Monarch tends to speed things up a lot.
How to negotiate a faster deal
Based on its sample of 20 deals, the institute identifies two factors that can speed up the negotiation process: a monarch and an election year.
Four of the agreements took less than a year, three of which were with countries with monarchies: Bahrain, Jordan, and Oman.
PIIE estimates that having a monarch cuts the time it takes to negotiate by about half.
Agreements signed during a US presidential election year take about 40% less time than deals struck at other times. And more than half of US agreements were signed in election years.
I'm guessing that's your data source.
Our problems lie in the fact we don't really have good experienced negotiating teams as the last 2.5 years have unfortunately proved beyond any reasonable doubt.
Taking that into account I don't think it's unreasonable to say our average time to negotiate a trade agreement to implementation will be any less than 4 years per agreement.
If we leave the EU we lose at least 50 trade agreements and unless we massively increase our trade negotiations teams we can't do more than one agreement at a time "Liam Fox" himself has stated this fact then just to get back to where we are now that's ...
50 agreements just to get back to square one
4 years per agreement
Easy maths really.....
Is this kind of timeframe brexiteers are on about as a few short term "bumps in the road" ?
So you're saying it's 50 agreements × 4 years = 200 years?
Is that really what you're saying..is that your "easy maths"?
Wow!
Going on an average of 4 years per trade agreement, our own Liam Fox saying we could only negotiate one at a time, I don't know , how else would you calculate it ?
How many trade deals does the EU have...50? Each one takes an average of 8 years......
Now you apply your 'simple maths' to that, and you'll find how far out you are...."
Ere, that's 400 years by my simple maths. |
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By (user no longer on site)
over a year ago
|
"actually.... both of you are kinda hitting on the right thing.... but the conclusion you are reaching is both wrong....
the true point is that because the EU is a bigger entity and has been doing this for a while.. they have the experience to do this quicker on the various different fronts
whereas because the UK are working from a standing start so to speak they are not going to be able to do so many deals at the same time, will take longer to reach as many deals in the sense of the danger of spreading themselves thin, and are not going to have the experience to get as good a deal because of both the scale of the economies and the bargining strength....
for example you are not going to get as good a deal being just the UK, than you are as the EU, or as you are a china for example, because the US needs those territories and regions more than the UK... so for example in the US-UK trade deal it is going to be the US working from a position strength....plus the UK already has a trade surplus with the US, so what you going to have to "give up" to get this deal.... and thats why people keep going on about agriculture! because at the moment the products they sell are currently banned by the EU from entering the human foodchain (chlorinated chicken, Steroid enfused meats, genetically modified corn and grain ect ect ect)"
If we can reduce the average time for agreements then great...
If Liam Fox is wrong about his own department and we can negotiate 10 agreements at once then great...
I'd wave a BREXIT flag if it made it any quicker |
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By (user no longer on site)
over a year ago
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Even if we can do 5 trade deals a year (5x quicker than fox guessed) and can do them in a year (so even quicker than the US) it still takes ten years to get back to where we are.
Which ignores the fact that the EU (slow as it is) will have made more.
Such answers with such bullish assumptions are not great reading. It’s more optimistic than an Apprentices business plan. |
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By (user no longer on site)
over a year ago
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The fastest trade deal done was with Jordan - 4 months negotiation and 18 months to ratify. The longest was Panama 104 months to ratification. So even if you can do the fast option we have 18 months of nothing! If we have learned anything from brexit it's complex, slow & costly. How many negotiators are required per deal and can they negotiate more than 1 at the same time? |
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By *oo hotCouple
over a year ago
North West |
"The fastest trade deal done was with Jordan - 4 months negotiation and 18 months to ratify. The longest was Panama 104 months to ratification. So even if you can do the fast option we have 18 months of nothing! If we have learned anything from brexit it's complex, slow & costly. How many negotiators are required per deal and can they negotiate more than 1 at the same time?"
We have had an almost National political shutdown for two years and a negotiation process that has absorbed colossal amounts of energy and this was just for a half-assed EU withdrawal agreement that nobody likes or thinks is acceptable.
It really does not bode well for the future particularly with the political declaration document that goes alongside the withdrawal agreement being nothing more than a Santa wish list. The |
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By *ara JTV/TS
over a year ago
Bristol East |
More good news for countries in the EU - a free trade agreement signed with the major producers of South America.
Huge new market opens up for EU exporters.
The EU's biggest trade deal to date, apparently.
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By *asyukMan
over a year ago
West London |
"Yup another gigantic horrible FTA the UK electorate will be please to get rid of "
We can do better. Especially as it will only be England left.
Far more "nimble" if we're smaller. We can close deals really quickly by giving them exactly what they want and saying "please" and "thank you". |
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By (user no longer on site)
over a year ago
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"Yup another gigantic horrible FTA the UK electorate will be please to get rid of
We can do better. Especially as it will only be England left.
Far more "nimble" if we're smaller. We can close deals really quickly by giving them exactly what they want and saying "please" and "thank you"."
Well going by Vote leaves promises I'm presuming if Boris gets in we'll leave 31st October and have more FTA's than we currently have wrapped up by Christmas |
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