Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Brexit discussion thread II

1147148150152153305

Comments

  • Closed Accounts Posts: 618 ✭✭✭Thomas__


    steddyeddy wrote: »
    An other day an another flip flop on so called UK red lines. It's only a small step away from accepting jurisdiction for ever or 100 years and will have the citizens rights issue resolved

    https://www.theguardian.com/politics/2017/oct/09/brexit-mps-angry-as-theresa-may-accepts-continuing-rule-of-eu-court

    They still have to sort out border, bill and rights before a transition deal occurs.

    At the present, it looks more like Mrs May is doing neither of these and simply "preparing" the UK for a hard Brexit to crash out with no deal with the EU and that´s just that. This makes any transition period obsolete because one doesn´t have to get a "transition deal" when there is no deal at all.

    It seems that the way I have predicted judged by the behaviour of this present UK govt is going to become the harsh reality and one could see their behaviour as either a mix of desperation and resignation or even worse, a deliberate ill conduct of the negotiations on part of the UK and by that, giving the diehard radical Brexiteers just what they want and this UK govt appears to don´t care about the consequences at all.

    There´s again increasing reporting on the doomsday schedule for Mrs May in the media and I reckon that she won´t last as PM til Christmas this year. She really has messed it all up herself and the other deluded and radical Brexit Tories are taking advantage of it and see to it to bring her to her downfall.  

    This new "Champion" in the Tory Party of whom I never heard, respectively read, anything until recently is looking for his time to come to take over. One might assume that if he gets to it, things might turn even worse than in case Mr Johnson would be her replacement. But he has discredited himself too often of late to be even considered as the man to take over from Mrs May.

    This present British cabinet appears to have lost all senses on responsibility for the whole country and its people but is only acting to please the radical Brexiteers who are just a minority to themselves. The problem in all this is, that they think that nobody is going to hold them to account for what they´re doing and once the UK is out of the EU, the process cannot be reversed anymore.

    It is a shame that Labour as the main opposition party in the Commons is just making hot air on the subject but in principal going along with the govt. Later on, they´ll have to answer many things to those generation they´ve helped to deprive them of their future opportunities. The UK govt is waisting her time in her negotiations with the EU cos they are incapable to settle anything and Labour is just standing idly by. I wouldn´t be surprised when in the not so far future, the downfall of Mrs May will also trigger the downfall of Labour in the UK and it won´t help them to have shifted more to the left either. The younger generations will punish them for that once they have to endure the harsh reality of being outside the EU, the single market and the Customs Union (the latter I find just insufferable stupid).  

    I´m sure that when we will look on the UK in say ten years to come, this UK we know today might exist no more. The misconduct of this present UK govt is more water on the mills of the SNP and given that the result of the UK-EU negotiations will be no deal it´ll make IndyRef2 in Scotland unavoidable and it´ll also change the mind of probably enough Scottish people to give "Yes" a go and thus bring about a majority for Independence.


  • Registered Users, Registered Users 2 Posts: 3,872 ✭✭✭View


    BoatMad wrote: »
    Are you sure? Does ratifying Brexit require a constitutional amendment?

    Nate

    believe so in Ireland , its a mod to the treaties

    Modifications to the EU Treaties do not require a constitutional referendum here unless there is an impact on sovereignty. That means treaties such as accession ones for new member states do not require referenda.

    That doesn’t mean that the amending treaties, such as Nice etc, that we have held referenda on, require referenda. The only way to know would be a Supreme Court ruling on a treaty but as we have no proper procedure to ratify EU Treaties, we have held them by default.

    In the case of Brexit, a hard Brexit would not require a referendum here. Nor would a post-exit FTA. A simple exit agreement also should not require one unless it does something radical like something like set up a new court to deal with citizens rights. There is very little likelihood of that happening though as the EU countries won’t want a court that can overrule the ECJ on a fundamental part of the EU Treaties.


  • Registered Users, Registered Users 2 Posts: 5,997 ✭✭✭Enzokk


    Thomas__ wrote: »
    It is a shame that Labour as the main opposition party in the Commons is just making hot air on the subject but in principal going along with the govt. Later on, they´ll have to answer many things to those generation they´ve helped to deprive them of their future opportunities. The UK govt is waisting her time in her negotiations with the EU cos they are incapable to settle anything and Labour is just standing idly by. I wouldn´t be surprised when in the not so far future, the downfall of Mrs May will also trigger the downfall of Labour in the UK and it won´t help them to have shifted more to the left either. The younger generations will punish them for that once they have to endure the harsh reality of being outside the EU, the single market and the Customs Union (the latter I find just insufferable stupid).


    I think Labour has been vague about their plans for Brexit because it is a stick the Tories can beat them with and take the the attention away from themselves a bit. Instead of seeing what the Tories are up to it will shift to the Sun and Telegraph and Daily Mail throwing out headlines about how Labour would drown the UK. Instead there is nothing to throw at Labour as they haven't said anything that is offensive on Brexit.

    I guess the politics of the situation at the moment is anybody that dares speak about not going through with article 50 will be tainted as undemocratic. That is probably the worst thing that can happen to a politician right now and as we have seen on this thread its not even a discussion that the politicians shouldn't go through with the the vote. The UK did go to war to promote democracy so not following the vote would mean chaos.

    The fact that "in the most democratic" country in the world, the USA, their politicians constantly go against the grain of the opinion of the people (look at polls of people favouring gun control or wanting universal healthcare, yet Republicans vote against this on purely ideological grounds and yet this isn't causing the US to be swallowed by a volcano for not being democratic) shows that politicians do what they feel is right, whether you agree with it or not. In the UK the current political climate will not allow for this.

    I don't doubt that Jeremy Corbyn is EU skeptic, but I guess we will never get to know exactly what his views are though. If you want to be in government you are going to have to court that anti-EU/anti-immigrant/racist vote. You don't have to like it, but it doesn't change the truth of it.


  • Posts: 14,242 ✭✭✭✭ [Deleted User]


    ambro25 wrote: »
    How much of a disadvantage to the UK was getting the benefit of quotas and tariffs levels gained on the back of a 500 million consumers-sized market, again?
    Well, consider for a moment about 90% of UK businesses do not export to the EU (which also happens to translate to about 85-90% of GDP being global or domestic trade), yet 100% of their exports must conform to EU regulatory standards.

    That seems like a pretty intrusive system; the very point being made by those economists who advocate for leaving the EU, is that they see protectionism as a barrier to prosperity. Very few people who want to see increased trade see protectionism as being in anybody's economic interests, at least outside the EU.


  • Registered Users, Registered Users 2 Posts: 14,394 ✭✭✭✭Professor Moriarty


    Well, consider for a moment about 90% of UK businesses do not export to the EU (which also happens to translate to about 90% of GDP not being global or domestic trade), yet 100% of their exports must conform to EU regulatory standards.

    That seems like a pretty intrusive system; the very point being made by those economists who advocate for leaving the EU, is that they see protectionism as a barrier to prosperity. Very few people who want to see increased trade see protectionism as being in anybody's economic interests, at least outside the EU.

    But 44% approx. of their exports go to the EU.


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 13,702 ✭✭✭✭BoatMad


    Samaris wrote: »
    Food for thought - that comment that May made about how Britain wants to take back control of how it labels its goods would actually indicate a removal from the WTO. The rules on international goods labelling comes from the Codex Alimentarius, which sets regulations that go down through the WTO, are accepted by the EU and all countries within.

    A lot of the complaining about the EU regarding food labelling wasn't actually to do with the EU (Johnson's moronic EU correspondent articles aside). If May wants to unilaterally decide how Britain labels its foodstuffs and does not abide by the usual rules, they don't sell them to anyone.

    So even from that point, it was becoming clear that the politicians in charge of Brexit had little to no idea of what they were actually doing.

    again its the sorry saga of the UK politicians inherently blaming try EU for stuff that the EU doesnt control

    basically the UK hasn't a clue quite frankly and its engaged in the worst self harm since WW2


  • Registered Users, Registered Users 2 Posts: 27,604 ✭✭✭✭Peregrinus


    Well, consider for a moment about 90% of UK businesses do not export to the EU (which also happens to translate to about 85-90% of GDP being global or domestic trade), yet 100% of their exports must conform to EU regulatory standards.
    For a large chunk of that 90%, they do not export to the EU because they do not export at all, and so they are unaffected by rules requiring exports to conform to regulatory standards, EU or otherwise.


  • Registered Users, Registered Users 2 Posts: 13,702 ✭✭✭✭BoatMad


    Well, consider for a moment about 90% of UK businesses do not export to the EU (which also happens to translate to about 85-90% of GDP being global or domestic trade), yet 100% of their exports must conform to EU regulatory standards.

    That seems like a pretty intrusive system; the very point being made by those economists who advocate for leaving the EU, is that they see protectionism as a barrier to prosperity. Very few people who want to see increased trade see protectionism as being in anybody's economic interests, at least outside the EU.

    where you get your figures , is anyones guess UK trade figures show the UK does aprox 50% of all trade with the EU ( imports and exports )


    "LONDON
    The European Union's importance to British exporting firms appears to be growing, official figures showed Tuesday, a development that could focus the minds of those negotiating the country's exit from the bloc.

    Figures published by the Office for National Statistics found that exports to the EU rose by 4.1 percent in the three months to August from the previous-three-month period, compared with an 8.8 percent fall with countries from outside the EU.

    That divergence contrasts with one of the main arguments put forward by those backing Brexit in last year's referendum campaign: that the EU market is diminishing in importance and the country's long-term interests would be better served by promoting links with the rest of the world, particularly the fast-growing economies such as China and India.

    "These figures indicate how important it is for the U.K. to make progress with Brexit negotiations as leaving the EU without a deal could have far-reaching negative consequences for exporters," said Oliver Kolodseike, senior economist at the Centre for Economics and Business Research in London.

    Read more here: http://www.bradenton.com/news/business/article178004086.html#storylink=cpy"


  • Posts: 14,242 ✭✭✭✭ [Deleted User]


    But 44% approx. of their exports go to the EU.
    Well that figure is debatable, but the question was how much EU protectionism is worth to the UK.

    And the answer to that must be given in terms of UK GDP, which is somewhere around 13%, i.e. 87% of the UK's GDP is from outside the EU27, even though 100% of British products must conform to EU regulatory standards.


  • Registered Users, Registered Users 2 Posts: 34,437 ✭✭✭✭listermint


    Well that figure is debatable, but the question was how much EU protectionism is worth to the UK.

    And the answer to that must be given in terms of UK GDP, which is somewhere around 13%, i.e. 87% of the UK's GDP is from outside the EU27, even though 100% of British products must conform to EU regulatory standards.

    have you and facts to back up these arguments, because so far it does not appear so.

    Can you shed some recent statistics and links to these to back up the argeumetn that 87% of the UK GDP is external to the EU market and that the figure of EU exports are debateable.


  • Advertisement
  • Closed Accounts Posts: 618 ✭✭✭Thomas__


    Enzokk wrote: »
    Thomas__ wrote: »
    It is a shame that Labour as the main opposition party in the Commons is just making hot air on the subject but in principal going along with the govt. Later on, they´ll have to answer many things to those generation they´ve helped to deprive them of their future opportunities. The UK govt is waisting her time in her negotiations with the EU cos they are incapable to settle anything and Labour is just standing idly by. I wouldn´t be surprised when in the not so far future, the downfall of Mrs May will also trigger the downfall of Labour in the UK and it won´t help them to have shifted more to the left either. The younger generations will punish them for that once they have to endure the harsh reality of being outside the EU, the single market and the Customs Union (the latter I find just insufferable stupid).


    I think Labour has been vague about their plans for Brexit because it is a stick the Tories can beat them with and take the the attention away from themselves a bit. Instead of seeing what the Tories are up to it will shift to the Sun and Telegraph and Daily Mail throwing out headlines about how Labour would drown the UK. Instead there is nothing to throw at Labour as they haven't said anything that is offensive on Brexit.

    I guess the politics of the situation at the moment is anybody that dares speak about not going through with article 50 will be tainted as undemocratic. That is probably the worst thing that can happen to a politician right now and as we have seen on this thread its not even a discussion that the politicians shouldn't go through with the the vote. The UK did go to war to promote democracy so not following the vote would mean chaos.

    The fact that "in the most democratic" country in the world, the USA, their politicians constantly go against the grain of the opinion of the people (look at polls of people favouring gun control or wanting universal healthcare, yet Republicans vote against this on purely ideological grounds and yet this isn't causing the US to be swallowed by a volcano for not being democratic) shows that politicians do what they feel is right, whether you agree with it or not. In the UK the current political climate will not allow for this.

    I don't doubt that Jeremy Corbyn is EU skeptic, but I guess we will never get to know exactly what his views are though. If you want to be in government you are going to have to court that anti-EU/anti-immigrant/racist vote. You don't have to like it, but it doesn't change the truth of it.

    I understand your point, perhaps more in a way as I see that being democratic has been replaced by being dogmatic on the result of one Referendum and the Brexiteers handle it as being "sacro-sanct" which in a democracy itself, there is no such a thing of dogmatism that excludes another Referendum to vote on the same subject when the circumstances and most so the conditions have changed or like in the case of Brexit become more clear.

    I use the term dogmatism with reason because it is them Brexiteers who hadn´t rest until they´d got another Referendum on Brexit if the result had been against them and this is and by all means would had been backed by the very right-wing tabloid scrap papers you´ve mentioned.
    As for Jerry Corbyn, I couldn´t care less what his real thoughts are because his deeds and his record of being anti-EU before the Referendum speaks for himself and more than the lies he can spread. One the one hand you have the Tories who like to abuse this Brexit for a power grab never seen in the history of the UK since the old days of King Henry VIII, on the other hand you have Corbyn who likes to use this Brexit as a means for the downfall of the Tories to take over power from them and work to realise his dream of a Socialist Britain based on the old Marxism theory. The Tories being anti-democratic by denying and thus depriving the people a second Referendum on Brexit for fear that some of the leavers would have second thoughts and given the chance would vote for remain. Labour under Corbyn being anti-democratic by ignoring the other 48% who voted for remain and who have been not just former but in some cases presumably still Labour voters.

    You´re perfectly right in your opinion regarding the greed and "lust" for power on both parties. I just like to remind on that one that this greed has led many governments and even Empires in the past to their very collapsing and downfall. If they didn´t go down in war, they went down by revolution once the people were pushed too far by and became fed up with their corrupt politicians. I see that there is some real chances that the situation might develop towards such an extreme like a Revolution because we see the seeds already flourishing by this strong and extreme polarised political climate in the UK. This development is just in its beginning and a worst case Brexit will surely bring it to flourish in a couple of years time, reckoned from the day the UK has finally left the EU and has no Transition period negotiated and Exits with a hard Brexit effective from 01 April 2019. In contrast to the chaos this will bring upon the UK, its economy and with an allround effect on its people, the chaos politicians fear for not following Brexit is rather minor.  

    There are still no such reports to read in which it is told that the queues have started with countries who want to negotiate trade deals with the UK. It is no wonder that there are none because the whole world, at least to speak of the potential trade partners the UK would like to have for her post-Brexit time, is watching the conduct of the present UK govt in her negotiations with the EU and what they see is nothing but a unreliable government that doesn´t knows where to go and how to reach agreements and settle them. They appear to be the worst and unserious UK govt ever and no-one who´s right in his mind would even consider to take the bother to negotiate anything on trade with them. But in their dense cloude of wishful thinking, the UK govt doesn´t realises that and keeps up playing ping-pong with the EU and the biggest clown in the whole cabinet is on and off making silly remarks in his capacity as FS.

    This present UK govt is incapable to generate any, not even the minimum of trust which is necessary to negotiate and settle trade deals. They´re the laughing stock of Europe and I am convinced that not less Brits will soon regret it to have voted for this Tory cabinet, cos a trade deal is no joke but a damn serious matter. Just Mr Johnson has no clue about it at all, silly as he is and one wonders what qualifies a person to become a member of a nations government these days. Mr Johnson has proved by himself that he´s none because he lacks even the minimum standards for a trustworthy and reliable conduct on the international stage.


  • Registered Users, Registered Users 2 Posts: 5,997 ✭✭✭Enzokk


    Well that figure is debatable, but the question was how much EU protectionism is worth to the UK.

    And the answer to that must be given in terms of UK GDP, which is somewhere around 13%, i.e. 87% of the UK's GDP is from outside the EU27, even though 100% of British products must conform to EU regulatory standards.


    I find it interesting you call statistics debatable but offer no links to your statistics.

    I think the 44% figure is debatable as it includes gold that is exported to India, China and Switzerland. This is gold that is held in the UK for private clients and banks so not for the UK itself. It seems the figure of exports to the EU is closer to 50%. Where do you get your figures from?

    Revealed: How gold takes the shine off Britain's trade figures
    When gold is excluded from the trade figures, the numbers are transformed - with half of UK physical exports over the past five years going to the EU.


  • Closed Accounts Posts: 1,739 ✭✭✭solodeogloria


    Good afternoon!
    ambro25 wrote: »
    Too bad USA, Canada, New Zealand, Argentina, Brazil, Thailand and Uruguay now also want their cake and eating it, eh?

    If you read my last few posts you'd know that I think the concern that these countries have is justified and that the UK ought to respond in a spirit of generosity.

    The UK need to be willing to compromise here.
    ambro25 wrote: »
    So that ain't happening.
    How much of a disadvantage to the UK was getting the benefit of quotas and tariffs levels gained on the back of a 500 million consumers-sized market, again?

    You're missing my point. If the UK never had to give over control of quotas in the first place it wouldn't be going through this type of discussion now.
    ambro25 wrote: »
    The UK has not made any inroads towards that "ideal scenario" prior to invoking Article 50 TEU or since, so you can safely knock that notion on the head

    The EU has not made much inroads, either.

    But then, unlike the UK, it doesn't need to: that's what the balance of power in negotiations is all about.
    Sorry to break it to you, but as already posted and linked aplenty in the past few days, No.11 Downing Street is sh1t out of luck: the OBR is shortly taking a broadsword to Hammond's Brexit kitty.

    The Treasury have already budgeted for contributions until 2021. These figures are from day to day spending, not out of any presumed Brexit war chest.

    The UK have made considerable concessions to the EU but they will not roll over completely. We've reached the point where it is up to the EU if they want to progress further or not. I'm hopeful that they do.
    ambro25 wrote: »
    And I've not mentioned the exit bill, which is on top. I know you're oblivious to it, but well: the exit bill about which the EU will drag the UK kicking and screaming into the ICJ in the Hague in case of no deal/hard Brexit, with a claim for breach of its contractual obligations under the VC which will in all likelihood succeed, and the judgement for which the EU would be able to enforce through the WTO if it needs to.

    In a no deal scenario the contributions won't be paid. There are significant reasons to doubt if it is legally enforceable. These are contributions that Britain has chosen to give. Not a "bill" that they "owe".

    I'm hoping for a scenario where the UK can ensure member states that there won't be a black hole but this requires transitional terms and I don't think the UK should shift from this.

    Come what may on March 2019 the Government needs to honour the referendum result and to plan extensively for this outcome. This isn't what the UK wants but if the EU are asking for unreasonable things (ECJ supremacy and a huge payment with no assurance of transitional terms into this) there has to be a point where the UK says "no thanks, this is a rubbish deal!"

    Much thanks,
    solodeogloria


  • Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,522 CMod ✭✭✭✭Nody


    The latest plan now is with hard Brexit is to join Nafta instead according to the telegraph; what was that of focusing on fast growing Asia again?


  • Posts: 14,242 ✭✭✭✭ [Deleted User]


    listermint wrote: »
    Can you shed some recent statistics and links to these to back up the argeumetn that 87% of the UK GDP is external to the EU market and that the figure of EU exports are debateable.
    Enzokk wrote: »
    I find it interesting you call statistics debatable but offer no links to your statistics.
    Simple arithmetic.

    If you want to know the value of British-EU exports to GDP, you divide the value for 2016 (£240bn) by the GDP for 2016, and express it as a %.

    it's about 13%.


  • Registered Users, Registered Users 2 Posts: 14,394 ✭✭✭✭Professor Moriarty


    Well that figure is debatable, but the question was how much EU protectionism is worth to the UK.

    And the answer to that must be given in terms of UK GDP, which is somewhere around 13%, i.e. 87% of the UK's GDP is from outside the EU27, even though 100% of British products must conform to EU regulatory standards.

    Well, it's not debatable. This from the BBC. This from Factcheck - an independent body. This from the official EU stats website. This from the House of Commons official stats records.

    All state categorically that approximately 44% of the UK's exports in 2016 were to the EU.


  • Registered Users, Registered Users 2 Posts: 34,437 ✭✭✭✭listermint


    Simple arithmetic.

    If you want to know the value of British-EU exports to GDP, you divide the value for 2016 (£240bn) by the GDP for 2016, and express it as a %.

    it's about 13%.

    So you dont have and facts to back it up then? as requested..


  • Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,522 CMod ✭✭✭✭Nody


    WThat seems like a pretty intrusive system; the very point being made by those economists who advocate for leaving the EU, is that they see protectionism as a barrier to prosperity. Very few people who want to see increased trade see protectionism as being in anybody's economic interests, at least outside the EU.
    Sorry ATNM but you're out riding the wrong bicycle here; first of all most countries don't want free unrestricted trade in the first place. That includes the likes of USA etc. The world is also going towards more protectionism than less so walking away from the world's largest trade block with the largest amount of FTA is stupid in and of itself if you want trade.

    Secondly to export goods outside of EU they do not have to meet EU standards; this can be seen in for example here or here; they simply need to meet the country they export to.

    Finally EU currently represents 50% of all services and goods in value that's sold outside of Britain as it stands today and of the non EU trade about 60% of the trade goes via EU FTA agreements. Hence we're talking about 80% of all trade & services today are EU related in one form or another.


  • Posts: 14,242 ✭✭✭✭ [Deleted User]


    listermint wrote: »
    So you dont have and facts to back it up then? as requested..
    Eh?

    Are you asking for a reference for a long division calculation? Genuine question. I don't see what you're questioning. UK exports to the EU are around 240bn GBP and the UK GDP is worth around 1.8tn GBP... soo.... do the maths.


  • Registered Users, Registered Users 2 Posts: 5,997 ✭✭✭Enzokk


    Simple arithmetic.

    If you want to know the value of British-EU exports to GDP, you divide the value for 2016 (£240bn) by the GDP for 2016, and express it as a %.

    it's about 13%.


    And how does that compare to other economies? What are you trying to show? If you use your calculation, Germany exported around 505 million euro to other EU countries. As compared to their GDP that is 14%.

    So what does it mean? Is Germany also supposed to leave the EU now? Ireland has around 17% of its EU exports compared to GDP. Again, what is the purpose of your comparison? It seems that countries imports and exports compared to their GDP would be around 30%, but this varies from country to country on how open they would be to trade. All that shows is how open a country is to trade from around the world.

    Intra-EU trade in goods - recent trends

    Economy of Germany

    Economy of ROI


  • Advertisement
  • Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,522 CMod ✭✭✭✭Nody


    Eh?

    Are you asking for a reference for a long division calculation? Genuine question. I don't see what you're questioning. UK exports to the EU are around 240bn GBP and the UK GDP is worth around 1.8tn GBP... soo.... do the maths.
    I think you got lost on the way; UK total exports goods & services 2016 were 550bn GBP. That's simply a fact and of that 240bn GBP was directly exported to EU countries. That they had a total GDP of 1.8tn does not change the simple fact their total exports were only 550bn GBP globally.


  • Closed Accounts Posts: 1,739 ✭✭✭solodeogloria


    Nody wrote: »
    I think you got lost on the way; UK total exports goods & services 2016 were 550bn GBP. That's simply a fact and of that 240bn GBP was directly exported to EU countries. That they had a total GDP of 1.8tn does not change the simple fact their total exports were only 550bn GBP globally.

    Good afternoon!

    I think everyone is a bit confused.

    The proportion of exports to the European Union to the total GDP is what he is referring to.

    First off - I'm not sure how accurate that is.

    Second off - I agree that trade to the EU is important and want a good deal to be arranged.

    Thirdly - 13% is a still a significant portion of the economy. I wouldn't be looking to lose that. On the other hand I don't think all 13% would be wiped out in a no deal scenario.

    Either way nobody really wants it to happen. I still aspire towards a good outcome but I'm willing to say walk if it's a rubbish deal.

    Much thanks,
    solodeogloria


  • Moderators, Science, Health & Environment Moderators Posts: 20,399 Mod ✭✭✭✭Sam Russell


    Well that figure is debatable, but the question was how much EU protectionism is worth to the UK.

    And the answer to that must be given in terms of UK GDP, which is somewhere around 13%, i.e. 87% of the UK's GDP is from outside the EU27, even though 100% of British products must conform to EU regulatory standards.

    How much of the UK GDP is tied up with the single market and the freedom of movement of goods?

    For example BMW, Nissan, Toyota, Honda, Opel/Peugot, Ford are all involved in assembly of vehicle made from components to/from other EU countries all supplied on a 'Just in Time' basis. Not just import/export tariffs will play havoc with this system but the delays will render the current production system impossible. Now it is not just vehicle assembly that has this model, but it is the most apparent.

    I cannot see the 13% figure being even close because many of these internal import/export activities within a corporation will be represented at arms length value in the companies books because they use internal transfer prices that have little relevance to the actual cost prices for these goods.

    I would imagine the motor industry in Britain will be completely re-aligned if a hard Brexit occurs. For example, Ford engines built in Dagenham might find their way into Nissan Quaskais built in Sunderland, and perhaps the BMW 316 might be built on the Mini line in Cowley. New models might be skipped for the UK market.

    It will be bleak in the UK after a hard Brexit.


  • Posts: 5,250 ✭✭✭ [Deleted User]


    Well that figure is debatable, but the question was how much EU protectionism is worth to the UK.

    And the answer to that must be given in terms of UK GDP, which is somewhere around 13%, i.e. 87% of the UK's GDP is from outside the EU27, even though 100% of British products must conform to EU regulatory standards.
    Those companies may not export but they still operate within a single market.
    If ignoring a standard gave a competitive advantage to a European country (French, Slovenian, Cypriot whoever) displace a British company, the British company would rightly call foul.

    What impact are these regulations on those companies? Would they exist anyways?


  • Registered Users, Registered Users 2 Posts: 27,565 ✭✭✭✭steddyeddy


    Also ~ 60 - 80% of the UK's economy is services, not goods. Most of those need passporting rights to trade in other countries and single markets like the EU.


  • Registered Users, Registered Users 2 Posts: 5,986 ✭✭✭ambro25


    Well, consider for a moment about 90% of UK businesses do not export to the EU (which also happens to translate to about 85-90% of GDP being global or domestic trade), yet 100% of their exports must conform to EU regulatory standards.
    Er, no: if they "do not export to the EU", then logically they need not conform to EU regulatory standards at all.

    That is, lest their output is for the domestic market (in which case it's a level competition playing field, both in the UK and across the EU...whereby, why not try and sell a few more units in the EU as well?) and/or unless the non-EU destination country/-ies for their non-EU-only exports itself mandates EU regulatory standards (or their local equivalent).
    That seems like a pretty intrusive system
    It's the only system that seems to work in a multinational market which its participants want to harmonise into a homogenous and consistent whole. And even then, it's not perfect and is taking a lot of tweaking. 40+ years of it.

    Now, speaking of exports, and the UK's current socio-economic make-up, you might want to (re)consider the issue from the angle of services and NTBs. Because the UK is, after all, a service-led economy in this day and age. There isn't much the WTO does in practice, about those. Think 'the passported financial services' issue, but now scale up (to all EU-negotiated FTAs and other agreements, the umbrella of which the UK is leaving) by as many fields of economic services as there exists, the exporting capacity of which is wholly contingent upon recognition of qualifications (or not), EEA domiciliation (or not), statutory regulation (or not), <...>.
    Well that figure is debatable, but the question was how much EU protectionism is worth to the UK.
    The Port Talbot ex-TATA employees, and the Northern Ireland soon-to-be ex-Bombardier employees might wish to answer that one on my behalf.

    Yes, it's a facile retort. But your line-crossing of the benefit to the UK of its EU membership of the past 40 years, so much from a protectionist stance (indeed) as from a domestic growth and exporting stance, doesn't really deserve more, tbh. For now at least.


  • Registered Users, Registered Users 2 Posts: 14,823 ✭✭✭✭First Up


    ambro25 wrote:
    Er, no: if they "do not export to the EU", then logically they need not conform to EU regulatory standards at all.

    If they are selling in the UK, they are currently selling in the EU and must meet EU standards. That could change if the UK departs from EU standards after Brexit, but as of now, sales in the UK market are subject to the same standards as sales to anywhere else in the EU.


  • Posts: 5,250 ✭✭✭ [Deleted User]


    ambro25 wrote: »
    unless the non-EU destination country/-ies for their non-EU-only exports itself mandates EU regulatory standards (or their local equivalent).
    I don't think anyone producing in the EU can ignore EU standards just because the end product will be sold outside the EU.


  • Registered Users, Registered Users 2 Posts: 5,986 ✭✭✭ambro25


    If you read my last few posts you'd know that I think the concern that these countries have is justified and that the UK ought to respond in a spirit of generosity.
    So, after EU immigrants, domestic industry and now domestic farmers and other agri-workers...is there anyone left for you to throw under the wheels of the Brexit bus? :confused:
    You're missing my point. If the UK never had to give over control of quotas in the first place it wouldn't be going through this type of discussion now.
    You call that a point?
    The Treasury have already budgeted for contributions until 2021. These figures are from day to day spending, not out of any presumed Brexit war chest.
    Good job. But I doubt that these "budgeted-for contributions until 2021" factor in both an exit bill and maintaining contributions to March 2021, somehow.
    The UK have made considerable concessions to the EU but they will not roll over completely. We've reached the point where it is up to the EU if they want to progress further or not. I'm hopeful that they do.
    You hope is misplaced: as I and others keep telling you, this is a negotiation, and Barnier is out to get everything he can out of its leverage, for its 27 Members.
    In a no deal scenario the contributions won't be paid. There are significant reasons to doubt if it is legally enforceable. These are contributions that Britain has chosen to give. Not a "bill" that they "owe".
    Sure. So who's going to pay the UK's prorata share of 40+ years worth of EU employees' pensions liabilities, solo?

    On the topic enforceability, that's in a nutshell what May & Consorts said about the Gina Miller challenge way back when. Now I don't hold myself to be an authority on constitutional law, far from it, but...I called that one right before May's team had filed its own submissions in reply, and long before they were dumb enough (but perhaps party politically-compelled) to waste more taxpayer's money with appealing the judgement at first instance.

    So believe what you will (or perhaps read up older formal statement on the topic by France and Germany), and I'll just let events vindicate me. Again.

    Fair enough?


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 5,986 ✭✭✭ambro25


    First Up wrote: »
    If they are selling in the UK, they are currently selling in the EU and must meet EU standards. That could change if the UK departs from EU standards after Brexit, but as of now, sales in the UK market are subject to the same standards as sales to anywhere else in the EU.
    I don't think anyone producing in the EU can ignore EU standards just because the end product will be sold outside the EU.
    Which is exactly what I said?
    ambro25 wrote:
    That is, lest their output is for the domestic market (in which case it's a level competition playing field, both in the UK and across the EU...whereby, why not try and sell a few more units in the EU as well?) and/or unless the non-EU destination country/-ies for their non-EU-only exports itself mandates EU regulatory standards (or their local equivalent).
    EDIT @ Deleted User: yes, and I've long worked with a number of businesses around here (Yorks) which do exactly that (produce to non-EU standards) day-in, day-out for (non-EU) export-only markets, in particular non-EU offshore O&GE and Middle East <other items>. It's not specific or exclusive to the UK by far. There just has to be enough profit in it, to warrant spec'ing the goods and configuring the production line. What they cannot do however, is shelve EU standards in terms of employment, working conditions, etc.


This discussion has been closed.
Advertisement