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May ready for tough talks over Brexit

rooster59

By rooster59
in World News

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Khun Han Senior Member

Khun Han

Posted
Posted
34 minutes ago, Johnyo said:

 


Khun Han will be telling you that this is unsubstantiated negative propaganda so you better start looking for comprehensive recordings of these conversations.


Sent from my iPhone using Thaivisa Connect

 

 

I don't need to tell you anything except that what you replied to gives nothing away about the nature of the deal recently agreed.

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fabphil
fabphil

Just get on with it and get it done, get far away from EU as possible  

GinBoy2
GinBoy2

Alright, I may be but a simple 'merican, but I think the question for most Brit's is 'what did you actually vote for'?   Since the actually referendum was so simplistic, In or out, it's hard

Jingthing
Jingthing

Best of luck negotiating something decent after such a stupid, self-destructive mistake.    http://www.nybooks.com/daily/2016/10/18/brexit-death-of-british-business/

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Khun Han Senior Member

Khun Han

Posted
Posted
44 minutes ago, Grouse said:

 

I knew of the Renault connection of course ( do you know how Brexiteers pronounce Renault? Extraordinary!) but I didn't know Mitsubishi was now in the same group.

 

Dont you see that the plot thickens? Why not use Renault plants in Europe? Must have been quite a letter ?

 

Does having a plant in Sunderland make them a 3rd World manufacturer? ?

 

That must be why the DoT sorted this out with Renault rather than Nissan......oh, hang on a minute.....

 

 

By the way, you're starting with the derogatory comments about brexiters again. You know where that's going to lead.

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Khun Han Senior Member

Khun Han

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1 minute ago, Johnyo said:

 


Wait but Khun Han was saying that there was no assurances.


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Khun Han said over and over that we didn't know the details of the deal, other than that both the government and Nissan had stated that it wasn't a sweetheart deal. This has now been confirmed.

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Grouse Senior Member

Grouse

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Posted

BTW great IF we retain Siemens. 

 

Pharma and medical electronics are are highly reliant on intellectual property. No surprise that with our universities there is a strong incentive to stay BUT R&D is at risk without EU funding and a brain drain is forecast. We don't have a good track record in retaining and growing high tech. Semiconductors? Computers? Digital electronics? 

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Johnyo Rookie Member

Johnyo

Posted
Posted
 
Khun Han said over and over that we didn't know the details of the deal, other than that both the government and Nissan had stated that it wasn't a sweetheart deal. This has now been confirmed.


Seems to me both Nissan and the government got what they wanted. Nissan gets to keep free trading to Europe and the government gets nice PR. In my eyes that is sweet deal.


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Johnyo Rookie Member

Johnyo

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The Weekend FT article goes on to say that during the talks Nissan '....said it was prepared to shift production to Spanish and French plants in a move that would lead to the closure of its, and other, UK sites.'


Nissan had the Torys by the short and curlies and got what they wanted. Now every multinational knows all they have to do is go knocking on Mays door and eureka!!


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Grouse Senior Member

Grouse

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Posted
1 hour ago, Grouse said:

BTW great IF we retain Siemens. 

 

Pharma and medical electronics are are highly reliant on intellectual property. No surprise that with our universities there is a strong incentive to stay BUT R&D is at risk without EU funding and a brain drain is forecast. We don't have a good track record in retaining and growing high tech. Semiconductors? Computers? Digital electronics? 

 

One thing I should clarify: the big risk is that new foreign direct investment may dry up. If an American or Japanese company wishes to build a plant to supply Europe, why would they select the UK now?

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Johnyo Rookie Member

Johnyo

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Posted
 
One thing I should clarify: the big risk is that new foreign direct investment may dry up. If an American or Japanese company wishes to build a plant to supply Europe, why would they select the UK now?


Because they know the government is desperate for good Brexit news and can probably get pretty good terms.


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Khun Han Senior Member

Khun Han

Posted
Posted
4 hours ago, Grouse said:

BTW great IF we retain Siemens. 

 

Pharma and medical electronics are are highly reliant on intellectual property. No surprise that with our universities there is a strong incentive to stay BUT R&D is at risk without EU funding and a brain drain is forecast. We don't have a good track record in retaining and growing high tech. Semiconductors? Computers? Digital electronics? 

 

Siemens reaffirmed their commitment to the UK in the strongest terms in July:

 

http://www.cityam.com/245256/germanys-siemens-makes-long-term-commitment-uk-after-brexit

 

GSK is perfectly happy with the quality of the UK workforce (and I would take their assessment of they way that quality's going over Mr Anonymous On The Internet), which it stated when announcing a major new job-creating investment in July:

 

http://www.bbc.co.uk/news/business-36901027

 

And it's much the same story from AstraZeneca (again with a ringing endorsement from it's CEO):

 

http://www.telegraph.co.uk/business/2016/07/28/generic-onslaught-pushes-profits-lower-at-astrazeneca/

 

5 hours ago, Johnyo said:

Seems to me both Nissan and the government got what they wanted. Nissan gets to keep free trading to Europe and the government gets nice PR. In my eyes that is sweet deal.

 

Ok, let's play games with words. I prefer Scrabble, myself.

 

5 hours ago, Johnyo said:

Nissan had the Torys by the short and curlies and got what they wanted. Now every multinational knows all they have to do is go knocking on Mays door and eureka!!

 

Yes, they will all have explained to them the same convincing, winning strategy for ensuring continuing smooth trade with European markets that won Nissan over. Eureka!! They're all onside!

 

 

By the way, have you two thought about getting a room? :biggrin:

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SheungWan Gold Member

SheungWan

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I guess for at least one Brexiteer the topic of Nissan got a little too hot for comfort so he abandoned that and went scrabbling around for some old quotes from other companies from last July. Anyway, back to the fallout from Nissan. 'Rival carmakers are now demanding the same assurances offered to Nissan to shield them from the impact of Brexit'. ....'other exporters, including chemicals manufacturers, have set tariff-free access to the EU as a priority'. (FT Oct 29/30)

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Orac Gold Member

Orac

Posted
Posted
I guess for at least one Brexiteer the topic of Nissan got a little too hot for comfort so he abandoned that and went scrabbling around for some old quotes from other companies from last July. Anyway, back to the fallout from Nissan. 'Rival carmakers are now demanding the same assurances offered to Nissan to shield them from the impact of Brexit'. ....'other exporters, including chemicals manufacturers, have set tariff-free access to the EU as a priority'. (FT Oct 29/30)


If UK gov have promised tariff free access to Nissan I cannot see how they can deliver this without staying within the single market which would mean these comittments would apply across the board.
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sandyf Diamond Member

sandyf

Posted
Posted (edited)
On 10/29/2016 at 4:55 PM, dick dasterdly said:

Thanks Orac.

 

So being part of the single market is only possible if an EU member.  If a 'full' EU member (i.e paying the full amount due) the country is entitled to have a vote in decisions, but its possible to be a member with no voting rights if paying less?

 

If I haven't misunderstood this, then a 'soft brexit' would mean paying less but still being part of the single market/EU - but with no voting rights?  Whereas a 'hard brexit' would mean not being part of the single market/EU, and having to negotiate all trade agreements both within and outside the EU?

 

Edit - Whereas a member of the single market/EU has to rely on external trade deals as negotiated by the EU?

Your understanding is fairly close but in terms of being outside the EU.

The soft brexit means remaining as part of the single market which allows tariff free trading between states belonging to the single market. Of course the elephant in the room is that this would include the free movement of labour as well as goods.

The hard brexit would mean leaving the single market and trading with the EU under WTO regulations.

As far as Canada is concerned, they have not joined the single market, that is only open to EU, EFTA and EEA member states. Up until this agreement the EU and Canada have traded under the WTO arrangement but have now created a bilateral agreement instead of the WTO tariff arrangement. In simple terms I will not charge you if you do not charge me.

This agreement has taken 7 years to set up, anyone who thinks that the UK can walk away from the UK and start tariff free trading with EU overnight is delusional. It should be borne in mind that the UK cannot start any talks until after it has left the EU. Australia has recently terminated discussion on a trade agreement because of the legal implications.

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sandyf Diamond Member

sandyf

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On 10/29/2016 at 1:17 PM, sandyf said:

For those that may have a problem with conveyed implication I will restate this part of post 243.

 

You would see from post 207 that I never subscribed to the compensation theory, ( I subscribe to the theory that) she is going for the single market but not prepared to admit it publicly.

Looks like I was wrong and is prepared, or forced, to admitting it publicly.

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sandyf Diamond Member

sandyf

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37 minutes ago, Orac said:

 


If UK gov have promised tariff free access to Nissan I cannot see how they can deliver this without staying within the single market which would mean these comittments would apply across the board.

 

Exactly, but there is more to it than the car industry.

The single market takes away the problems with the devolved administrations in particular the border in Ireland.

It also resolves 'passporting' for the financial sector and landing rights in the aviation sector.

It has been estimated that 5000 additional customs officers would be required in the event of a hard brexit, good for unemployment but not the taxpayer.

And the list goes on.

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Srikcir Ruby Member

Srikcir

Posted
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6 hours ago, Khun Han said:

Anyway, I'm sure you'll all be pleased to know that Blackpool is booming from 'staycations' as a result of Sterling's tumble :biggrin::

 

http://news.sky.com/story/brexit-has-been-good-for-business-in-blackpool-10638253

That's nice for Blackpool. Hopefully such success will be sustaining for the next 3-5 years until Brexit is completed.

But even if their experience was repeated in every UK tourist destination, how meaningful would tourism revenues be in terms of contributing to total UK GDP? Historically I find a case to be made that UK tourism contributed 10% GDP and with recent GBP "tumble" might go to 15% compared to about 80% GDP for the whole services sector of which tourism is a part. The UK will need more than increase in tourism revenues to sustain a beneficial GDP growth rate when it exits the EU hedgemony.

 

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Grouse Senior Member

Grouse

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34 minutes ago, Ace of Pop said:

No it's not my Language I'll try again,it's over your lucky,not lucky if you are Handout Reliant though,you Brits are mad giving it all away Thai Way Better .if U Poor Sod off,we got enough poor of our own


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Yes, a majority of Brits are indeed mad!

 

Where are you from friend?

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