EU may need to extend deadline for trade talks with UK: von der Leyen

[bannork]

34 minutes ago, Monomial said:

 

Depends. But if the UK thinks it is in their best interest, why should the EU be allowed to say otherwise? I have been in business a long time. Sure, everyone used to think IBM were the guys to partner with, but many other smaller, more nimble companies did a lot better over time.  Who thinks that IBM is still the best option today?

 

The assumption that the EU is the best simply because they are bigger is a very dangerous one. They haven't exactly proven themselves to be the most adept. 7 years to negotiate a Free Trade Agreement with Canada? Really? I bet the UK can do it in 1.

 

But the amount of UK trade with Canada is miniscule compared to the amount of trade with the EU. Leaving the EU and risking WTO trading rules for 45% of our exports so we can negotiate small FTA deals with countries far away seems financially foolish to me.

[billd766]

9 minutes ago, bannork said:

But the amount of UK trade with Canada is miniscule compared to the amount of trade with the EU. Leaving the EU and risking WTO trading rules for 45% of our exports so we can negotiate small FTA deals with countries far away seems financially foolish to me.

After Brexit any FTA deals negotiated by the UK and other countries are strictly between those 2 countries and not mired in the EU network so naturally the deals will take less time.

You and many others seem to believe that when the UK leaves the EU there will be no more trading between the UK and the EU. Of course there will be trade between the two though how much will depend on who sets what tariffs. 

 

IMHO Germany, France, Holland, Belgium, Spain and Portugal will want to keep trading and possibly other countries also. How that will be achieved will be a matter for the negotiators on each side. Whether the EU will demand to control it or whether to let each country negotiates its own deal will be down to each individual country and the EU. My thoughts are that the EU will want to control it.

[bannork]

26 minutes ago, billd766 said:

After Brexit any FTA deals negotiated by the UK and other countries are strictly between those 2 countries and not mired in the EU network so naturally the deals will take less time.

You and many others seem to believe that when the UK leaves the EU there will be no more trading between the UK and the EU. Of course there will be trade between the two though how much will depend on who sets what tariffs. 

 

IMHO Germany, France, Holland, Belgium, Spain and Portugal will want to keep trading and possibly other countries also. How that will be achieved will be a matter for the negotiators on each side. Whether the EU will demand to control it or whether to let each country negotiates its own deal will be down to each individual country and the EU. My thoughts are that the EU will want to control it.

Of course the EU will control it. There is no point in having a common market if each country can negotiate its own deal! 

And that is where the UK is in trouble. 45% of its trade with the EU compared to single figures for the E U with the UK.

 

[JonnyF]

1 hour ago, bannork said:

But the amount of UK trade with Canada is miniscule compared to the amount of trade with the EU. Leaving the EU and risking WTO trading rules for 45% of our exports so we can negotiate small FTA deals with countries far away seems financially foolish to me.

Fortunately you’re not a member of the current U.K. government. 

 

People like you with defeatist attitudes who feel the need to hide behind the EU’s Apron strings are a shrinking minority. This was never about percentage points of gdp over the next 2-3 years. 
 

The vote to leave was an inspired decision  by the electorate. A long term decision to regain sovereignty and leave the sinking ship before the blinkered occupants notice the hole in the bottom and the water spilling over the sides. 
 

 

[Monomial]

51 minutes ago, bannork said:

Of course the EU will control it. There is no point in having a common market if each country can negotiate its own deal! 

And that is where the UK is in trouble. 45% of its trade with the EU compared to single figures for the E U with the UK.

 

 

And I think this is exactly the point. Right now, at this moment in time, the EU has leverage they can use against the UK. In the short term, it will be very hard for the UK to do anything else. But the longer negotiations drag on, the more time the UK will have to adapt. Eventually, the UK will replace that trade with other countries. So the longer it takes the EU is to press its advantage, the less advantage it will have.

 

The EU's best option is to close a trade deal quickly while the UK is still tied to them very closely and is hesitant to embrace the difficulty ahead. But believing that they can take all the time in the world because "we are the EU" is ultimately going to be a losing strategy.  The UK will go elsewhere. And the longer it takes to reach a trade agreement between the EU and UK, the less the UK will need the EU at all.

 

The EU should be thankful the UK wants to close a deal in 1 year.  It may mean the beauracrats in Brussels actually have to get off their collective posteriors and do some real work for a change, but that is honestly the optimal scenario for them. 

 

[samran]

2 hours ago, Loiner said:

Your opinions are simply wrong. Your delivery is sanctimonious../

15 hours ago, Loiner said:

 

The UK has been running a huge trade deficit with the EU for years and still contributing to subsidise their peasant economies. 

what was that about being sanctimonious?

 

Probably getting late in the nursing home for you. Have a happy new year, hopefully they’ve tucked you in extra well given you an extra bikkie with your tea given it’s the new year. 

[vogie]

16 minutes ago, samran said:

what was that about being sanctimonious?

 

Probably getting late in the nursing home for you. Have a happy new year, hopefully they’ve tucked you in extra well given you an extra bikkie with your tea given it’s the new year. 

If you can't post in a civil manner, why don't you just read the posts, you are embarrassing yourself.

[bannork]

26 minutes ago, JonnyF said:

Fortunately you’re not a member of the current U.K. government. 

 

People like you with defeatist attitudes who feel the need to hide behind the EU’s Apron strings are a shrinking minority. This was never about percentage points of gdp over the next 2-3 years. 
 

The vote to leave was an inspired decision  by the electorate. A long term decision to regain sovereignty and leave the sinking ship before the blinkered occupants notice the hole in the bottom and the water spilling over the sides. 
 

 

It was a moronic decision which the people, especially the working class, will come to regret as jobs disappear and Johnson strips them of the rights they currently hold under the EU.

[Monomial]

2 minutes ago, bannork said:

It was a moronic decision which the people, especially the working class, will come to regret as jobs disappear and Johnson strips them of the rights they currently hold under the EU.

You may very well be correct. The French were so upset at the status quo that they actually beheaded their monarchs. And what did they get for their actions? Napolean. Not exactly a step up. This may turn out to be a similar blunder for the history books. But good or bad, it is the direction people want to try. Calling them "morons" for not sharing your values is a bit harsh.

[Loiner]

2 minutes ago, vogie said:

If you can't post in a civil manner, why don't you just read the posts, you are embarrassing yourself.

Don't worry, it's only because they don't like it up 'em you know. I don't know what LCpl Jones would have made of a jumped up ocker's boganomics, but he'd have a cure for it.

[bannork]

35 minutes ago, Monomial said:

 

And I think this is exactly the point. Right now, at this moment in time, the EU has leverage they can use against the UK. In the short term, it will be very hard for the UK to do anything else. But the longer negotiations drag on, the more time the UK will have to adapt. Eventually, the UK will replace that trade with other countries. So the longer it takes the EU is to press its advantage, the less advantage it will have.

 

The EU's best option is to close a trade deal quickly while the UK is still tied to them very closely and is hesitant to embrace the difficulty ahead. But believing that they can take all the time in the world because "we are the EU" is ultimately going to be a losing strategy.  The UK will go elsewhere. And the longer it takes to reach a trade agreement between the EU and UK, the less the UK will need the EU at all.

 

The EU should be thankful the UK wants to close a deal in 1 year.  It may mean the beauracrats in Brussels actually have to get off their collective posteriors and do some real work for a change, but that is honestly the optimal scenario for them. 

 

The UK will always need the EU, it's the world's biggest economy right on its doorstep.

[CG1 Blue]

3 hours ago, bannork said:

But the amount of UK trade with Canada is miniscule compared to the amount of trade with the EU. Leaving the EU and risking WTO trading rules for 45% of our exports so we can negotiate small FTA deals with countries far away seems financially foolish to me.

Nobody said Canada will replace the EU as our main trade partner - did they? 

 

Yes the UK currently does 45% of it's trade with the EU. That number has been shrinking. In 2006 it was was 55%. As the UK finds new partners the number will shrink even faster. Unless the EU come up with a fair FTA. 

 

 

[bannork]

22 minutes ago, CG1 Blue said:

Nobody said Canada will replace the EU as our main trade partner - did they? 

 

Yes the UK currently does 45% of it's trade with the EU. That number has been shrinking. In 2006 it was was 55%. As the UK finds new partners the number will shrink even faster. Unless the EU come up with a fair FTA. 

 

 

Actually the percentage increased in 2018 to 46%. What is a fair FTA? If you leave a club you can't expect conditions to be the sane as for members.

[candide]

3 hours ago, Monomial said:

 

And I think this is exactly the point. Right now, at this moment in time, the EU has leverage they can use against the UK. In the short term, it will be very hard for the UK to do anything else. But the longer negotiations drag on, the more time the UK will have to adapt. Eventually, the UK will replace that trade with other countries. So the longer it takes the EU is to press its advantage, the less advantage it will have.

 

The EU's best option is to close a trade deal quickly while the UK is still tied to them very closely and is hesitant to embrace the difficulty ahead. But believing that they can take all the time in the world because "we are the EU" is ultimately going to be a losing strategy.  The UK will go elsewhere. And the longer it takes to reach a trade agreement between the EU and UK, the less the UK will need the EU at all.

 

The EU should be thankful the UK wants to close a deal in 1 year.  It may mean the beauracrats in Brussels actually have to get off their collective posteriors and do some real work for a change, but that is honestly the optimal scenario for them. 

 

For you, it sounds like it's easy to manage a business. You know, like finding good customers and reliable  suppliers and complementors. Just a matter of striking trade deals....

[CG1 Blue]

3 hours ago, bannork said:

Actually the percentage increased in 2018 to 46%. What is a fair FTA? If you leave a club you can't expect conditions to be the sane as for members.

That's up to he negotiators on both sides. But if the EU are unreasonable I'm pretty sure Boris will tell them to poke it. He no longer has a remainer parliament weakening our negotiating position. 

[Opl]

7 minutes ago, CG1 Blue said:

That's up to he negotiators on both sides. But if the EU are unreasonable I'm pretty sure Boris will tell them to poke it. He no longer has a remainer parliament weakening our negotiating position. 

For sure, a quick-and-dirty job is not out of reach 

[bannork]

13 minutes ago, CG1 Blue said:

That's up to he negotiators on both sides. But if the EU are unreasonable I'm pretty sure Boris will tell them to poke it. He no longer has a remainer parliament weakening our negotiating position. 

Yes, go for a no deal Brexit. That'll really mess up the UK economy.

[david555]

11 hours ago, bannork said:

Yes, go for a no deal Brexit. That'll really mess up the UK economy.

https://www.politico.eu/article/eu-countries-gear-up-for-post-brexit-trade-battle/

(A important quote out of article )

 

“Does the U.K. wish to distance itself, and to what extent, from our regulatory model?” Barnier asked, adding that Britain would have to answer that question “in the next weeks.”

“That will determine the level of our ambition,” he added.

[nauseus]

51 minutes ago, david555 said:

https://www.politico.eu/article/eu-countries-gear-up-for-post-brexit-trade-battle/

(A important quote out of article )

 

“Does the U.K. wish to distance itself, and to what extent, from our regulatory model?” Barnier asked, adding that Britain would have to answer that question “in the next weeks.”

“That will determine the level of our ambition,” he added.

Have to do this, have to do that! No longer 555.

[david555]

1 hour ago, nauseus said:

Have to do this, have to do that! No longer 555.

And still that shall be the case …. or no alignment  =….WTO trading ...

 

(I just let you give a look under the checkboard plan settings at 10-15 Januari by the27 )...????,also the financial plan for anything concerning "The city" clearing problem, I assume .

Edited January 1, 2020 by david555

[samran]

41 minutes ago, david555 said:

And still that shall be the case …. or no alignment  =….WTO trading ...

 

 

One small detail. The WTO is paralyzed...
 

Good luck with their precious ‘WTO rules’ scenario - another slogan.

 

https://foreignpolicy.com/2019/12/09/trump-may-kill-wto-finally-appellate-body-world-trade-organization/

[candide]

25 minutes ago, samran said:

One small detail. The WTO is paralyzed...
 

Good luck with their precious ‘WTO rules’ scenario - another slogan.

 

https://foreignpolicy.com/2019/12/09/trump-may-kill-wto-finally-appellate-body-world-trade-organization/

Right. Trump is against TWO because he prefers bilateral approaches. Why? Because he thinks the US can better exert its negotiating power on smaller countries. Good luck!

[david555]

The Boris comfortable majority effect is a welcome gift for Brussels ,( but in a reverse way than the U.K. thinking 5555 lol ,) 

As no excuses anymore or soft touch approach …: he has the power to do or not to do , he controls the HOC in full , so clear wine is served for coming trade negotiations , the E.U. knows now for sure U.K. is leaving , making them no other options than to deal with it to be serious on their mantras eg. principles 

[billd766]

21 hours ago, bannork said:

It was a moronic decision which the people, especially the working class, will come to regret as jobs disappear and Johnson strips them of the rights they currently hold under the EU.

Another Remainer who cannot accept that people in the UK can think for themselves. They did in the 2016 referendum and even more did in the 2019 elections.

 

in your opinion Leavers and the working class are stupid morons, but they voted the way that THEY wanted and not the way you think that they should have voted. That is called democracy and you should simply accept the verdict and get on with your life.

 

21 hours ago, bannork said:

The UK will always need the EU, it's the world's biggest economy right on its doorstep.

Who is saying that the UK will not be trading with the EU? The UK will but on their terms and under the UK control.

 

 

[kingdong]

On 12/31/2019 at 1:55 PM, bannork said:

It was a moronic decision which the people, especially the working class, will come to regret as jobs disappear and Johnson strips them of the rights they currently hold under the EU.

Jobs disappear?what, the ones currently being done by migrant labour?

[kingdong]

On 12/31/2019 at 2:06 PM, bannork said:

The UK will always need the EU, it's the world's biggest economy right on its doorstep.

A junkie will always need his scag,( until he go,'es  to detox)

[vogie]

Guy Verhofstadt appears to be having a reality check and doesn't seem very happy to have competition right on his doorstep, what a difference a Tory 80 seat majority makes. 

 

 

[JonnyF]

3 hours ago, vogie said:

Guy Verhofstadt appears to be having a reality check and doesn't seem very happy to have competition right on his doorstep, what a difference a Tory 80 seat majority makes. 

 

 

That's hilarious, he's clearly bricking it about (not) being able to compete with the UK if they adopt a low tax, low regulation model. He wants to tie us up in their rules and regulations like a ball and chain around our ankle just so their monolithic, intransigent organization has a chance to keep up.

 

He's certainly changed his tune since the election. History will not be kind to the last Parliament and in particular the likes of Grieve, Benn, Soubry and all the other traitors undermining the UK's negotiating position. Hilary Benn will be forever remembered as the instigator of the now failed "surrender act". Nice legacy Hilary, I'm sure Tony would have been so proud.

[david555]

4 hours ago, vogie said:

Guy Verhofstadt appears to be having a reality check and doesn't seem very happy to have competition right on his doorstep, what a difference a Tory 80 seat majority makes. 

 

 

Nah ,anyway you wont have to wait long time anymore to see where U.K. go end and where U.K. go start with....., at least it is ending the uncertainty …. 

Edited January 2, 2020 by david555

[vogie]

5 minutes ago, david555 said:

Nah ,anyway you wont have to wait long time anymore to see where U.K. go end and where U.K. go start with....., at least it is ending the uncertainty ….