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UK plans to create 'freeports,' cut taxes: Sunday Telegraph


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Posted
19 hours ago, JonnyF said:

Trade deal is already done with South Korea.

 

Japan wants it done by the end of the month.

 

https://www.japantimes.co.jp/news/2020/06/23/business/economy-business/japan-uk-six-weeks-trade-deal/

 

So much easier when you dont need the agreement of 28 nations. More to come shortly. It's going to be another 4 tough years for the Europhiles, especially the Scots who want to be independent (of England but not the EU).

 

 

Time again for wee Nicky to wake up and think about UK not just herself.

Posted
1 hour ago, welovesundaysatspace said:

Is it? Care to elaborate why? 

 

Naaaaaaaaaaaaaah, you wouldn't be interested..................????

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Posted
6 minutes ago, welovesundaysatspace said:

Given the many times Brexiteers have embarrassed themselves by showing us their lack of knowledge, it’s probably a wise idea to not answer my question but to resort to an emoji instead. 

Fanks, I will....:stoner:

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Posted

With a currency that is showing the instability profile of the Brazilian Real and the headwinds of COVID and the likelihood of a no deal Brexit all I can say is good luck.  A pity but the future looks grim and ‘free ports’ is not going to fix it.

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Posted
2 hours ago, JonnyF said:

Sure. The easiest way to manage our exit is to replicate the deals that the EU has made with third party countries such as Japan. That's quick and easy since we can continue trading with them in the same way we've been trading with them for a while.

 

Thus we keep the trade going and get to leave the corrupt protectionist racket with all the associated disadvantages (huge membership fees, letting them over fish our waters, immigration issues, subjugation to the ECJ etc.)

 

Over time, these FTA's can be renegotiated to improve and expand the scope but short term simply replicating them is the best option. That leaves us free to negotiate FTA's with the countries that the EU has been incapable of doing deals with such as USA, India, Australia etc.

  

 

The approach is reasonable. So if your comment of “great” was referring to this rather than the deal itself, I can agree the UK is doing something right here. 

Posted
5 hours ago, JonnyF said:

Yes, the same deal. Great isn't it. All the benefits of the EU without all the expense and loss of sovereignty. Imagine if every country the EU has a trade deal with agreed to that, we'd be laughing. Replicate all the EU deals and then go and make our own with the countries the EU doesn't have a deal with. You know, minnows like the USA.

 

Barnier is giving ground on the ECJ whether you like to admit it or not. Here is another one.

 

https://www.express.co.uk/news/uk/1308115/Brexit-News-Boris-Johnson-Michel-Barnier-ECJ-European-Courts-red-line-latest

 

Right so the Japan trade deal is a stop gap to prevent disruption to primarily the Japanese car industry till an actual deal is worked out. At which point the UK will be bent over a barrel.

 

No. The right wing press is reporting that Barnier has all but capitulated. The reality is very different. Which you might know if you read anything other than right wing rags. 

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Posted
On 7/12/2020 at 11:10 AM, JonnyF said:

Excellent news.

 

I wonder if this announcement will lead to Michel Barnier finally waking up to the fact that there will be no level playing field. We are out. If you want a trade deal you can have one, the UK will continue to open up to the world outside your protectionist racket either way.

 

So if you want to continue selling your Germanic automobiles with their fake emissions stats and your overrated Italian and French wine you better wake up pretty soon, otherwise our cars will be coming from Korea and Japan and our wine from Australia, south Africa and south america. Up to you Michel. Tick tock xx

Yes, it's excellent news the UK is copying the EU in order to stimulate the ailing UK economy, after all the EU already has 80 free zones operational.

 

However, you will not be happy to know that these UK free zones and all measures used for free zones and enterprise zones must be compliant with the EU state aid rules as tax exemptions and fiscal incentives are a form of subsidy.

 

• Even free zones in non-EU countries operate under some form of state aid control: either through the obligations of the WTO Agreement on Subsidies and Countervailing Measures or through their preferential trade agreements with the EU, which usually contain some provisions on state aid control as a condition for improved access to the EU Single Market.

https://blogs.sussex.ac.uk/uktpo/publications/what-is-the-extra-mileage-in-the-reintroduction-of-free-zones-in-the-uk/

 

So rather than some revolutionary project:

 

1.) This was pioneered by the EU which already has 80 free zones

 

2.) The UK free zones will have to be compliant with EU state aid rules.

 

Unless you want to sell your fish to the Welsh only. And who in their right mind would buy a Kia rather than a German car? Not the British. You'll be even unhappier to know that out of the top five brands most sold in the UK this year four out of five were German:

 

https://www.am-online.com/data/manufacturer-insight

 

Top five brands.jpg

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Posted
1 hour ago, evadgib said:

"£10 million to recruit around 500 more Border Force personnel and £20 million for new equipment so they can continue to keep our country safe and secure."

 

10 million to search for 500 people. That is £ 20,000 per head. Is the training included? The training as a border official usually takes 3 years.

And then another 20 million for desks and uniforms. That is another 40,000 pounds per head.

They forgot to calculate the annual wage costs. 500 people X 40,000 annual salary = 20 million every year.

 

£15 million to build new data infrastructure to enhance border management and flow helping us on our way to the world’s most effective border by 2025 . 

 

Well, let's see if it really becomes the worlds most effective border by 2025.

Good, the new customs officers can still train diligently for 4 years then.

 

 

 

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Posted
14 hours ago, Logosone said:

And who in their right mind would buy a Kia rather than a German car? Not the British. You'll be even unhappier to know that out of the top five brands most sold in the UK this year four out of five were German:

Indeed, not a great time for tariffs to be added to those German cars post Brexit and post C19 is it? German cars with tariffs added will look a lot less attractive to Brits once the deal with Japan is signed (the UK/S.Korean deal is already agreed). The last thing Germany needs is more pressure on their slumping car exports if Barnier refuses to drop his ridiculous lopsided demands. Expect to see more Toyotas, Hondas, Nissan, Hyundai on UK roads.

 

https://www.cnbc.com/2020/06/11/germanys-car-industry-faces-big-challenges-after-coronavirus.html

 

image.png.2ada75f82c0035148697dd6078b2d772.png

 

image.png.fde093d25226a83635488a92bcef1ba8.png

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Posted (edited)

 

 

Quote

 

image.png.fde093d25226a83635488a92bcef1ba8.png

UK: 19.06

France, Italy, Spain, Belgium: 28.94
 

So why exactly would the German car industry want to hurt its biggest market to please one of its smaller markets? That’s something Brexiteers do by pleasing its fishermen over its financial services industry, not something we Europeans do. 
 

Our priority is on the single market. Not the UK market. 

Edited by welovesundaysatspace
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Posted
12 minutes ago, welovesundaysatspace said:

 

 

 

 

Our priority is on the single market. Not the UK market. 

 

 

 

That is one reason why we were happy to leave you.

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Posted
13 minutes ago, welovesundaysatspace said:

So why exactly would the German car industry want to hurt its biggest market to please one of its smaller markets?

How does a FTA with the UK hurt France, Italy, Spain and Belgium? You do realize that those countries also have a huge trade surplus with the UK?

 

image.png.304af983a771b8b338a4610e1dc78c4e.png

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Posted
10 minutes ago, JonnyF said:

My point is not that the EU will capitulate. My point is that a FTA benefits both sides. So maybe the EU can grow up and stop acting like a woman scorned. The reality is that the German economy subsidizes large parts of the EU. If the German economy suffers, so does the EU. If the father of the household loses his well paid job, it's not so easy getting by on the money from the son's paper round.

 

image.png.43365cf2eb3bc76fbd880a4d5e1b64ea.png

 

No Deal suits me fine. I'd prefer a sensible trade deal but not at the expense of the country's sovereignty. So if Barnier wants to try and blackmail us he can go spin on this ☝️.

 

Oven ready? It should have been so easy, but unfortunately there was way too much salt coming from the EU. Hence, the cake failed to rise so now both sides will have a bit less to eat for a while. But at least the UK won't be eating with handcuffs and leg irons. I'd never swap a couple GDP % points for sovereignty and self determination, but that's just me.

 

Hopefully Barnier grows up and stops trying to get revenge for the Brexit vote. He's still got 6 months to do a fair deal.

 

 

You are not getting a deal. Johnsons oven ready deal never existed.

The EU is sticking to its guns and rightly so. Their position has been consistent throughout this whole shambles.

English exceptionalism does not exist anywhere else except in England. The EU is not going to give you all the benefits of being an EU member if you are NOT a member.

Yes the EU countries will suffer because of Brexit but it still has a huge domestic market and indeed trade deals with many countries.

The UK is going to suffer massively. Its going to destroy the economy. A small domestic market and only a few temporary trade deals.

WTO rules. If indeed even that is possible. Is as good as its going to get.

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Posted
10 minutes ago, JonnyF said:

How does a FTA with the UK hurt France, Italy, Spain and Belgium?
 

I’m not saying that an FTA per se would hurt those countries. But the type of FTA that the UK would like to have. And that’s why both the German car industry as well as the EU27 won’t accept. It’s them who you are negotiating with; Mr. Barnier is just a messenger and facilitator. 

 

10 minutes ago, JonnyF said:

You do realize that those countries also have a huge trade surplus with the UK?

 

image.png.304af983a771b8b338a4610e1dc78c4e.png

See above. Our biggest market is the single market. Not the UK market. That’s where our priority is. Your priorities might be on other things, like “sovereignty” or symbolic industries. Ours are where the money is. 

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