Tuesday 27 March 2018

Dangers of transition/implementation period

The danger is we will have absolutely no say in anything does for those 21 months. May has given all our leverage away. This implications are becoming clearer with each day that passes. The idea that things will continues as was during this interregnum is naive and laughable. Decisions will be made by the EU in that period that will impact adversely our country for many years post Dec 2020.

Fishing rights are one example. We simple cannot believe Mrs May will stand by her commitments to the British people and she has already reneged on so many. Despite her statements to the contrary she will bargain away fishermen's livelihood and communities to save the Bankers of the City of London. The longer things drag on with us not out of the EU the greater will be the danger to our country and way of life.

Another example is the EU Galileo GPS system requiring huge investment to  compete with the existing functioning US system we all currently use.As an example of how long it takes the EU to do anything it cannot be rivalled. I was at a meeting in Brussels in 1978 where it was discussed. I heretically asked what was the point of this system when we could use  the existing, working US system as we do today on our Sat Nav. The bien pensants fell upon me as an unbeliever. We must have European not US solutions to European problems was the predictable French response. I simply pointed out that the \G in GPS stood for Global ie covering Europe. I was not invited back.

UK companies however now to be frozen out of the development of this system and I am sure this scenario will. be being repeated over the EU procurement process.

We may run an open and blind procurement  process for printing our passports. How many other countries do?

It is hopelessly naive to believe that during the implementation period we will get a fair crack of the whip from the EU with things continuing as before. We will get royally screwed by the EU. Mrs May will just have to lie back and enjoy it.

Get out of his silly dangerous transition deal and go to WTO rules on 30th March 2019 ignoring what the French boss of WTO says.

6 comments:

Niall Warry said...

WTO rules are not rules but guidelines as to how to construct a trade deal between two or more countries and would take many years to complete during which time our economy would suffer.

The WTO is no solution to our Brexit conundrum whereas the Efta/EEA option solves every issue you care to raise.

Blind stoat said...

Eric, I'm not going to disagree with anything you have said. The biggest mistake as far as I'm concerned is that we should have stuck to the principle of 'nothing is agreed until everything is agreed'. That is where HMG has got it totally wrong.

But we are where we are and as I see it, it is now a case of trying to reach an amicable divorce settlement which gives both us and the rest of the EU27 at least some sort of a basis for future collaboration. In raw economic terms it comes down to the following:

1. we want to protect the City - because that is the major cash generator for this country - and hence, yes we should be prepared to sacrifice the fishing industry IF (but only if) we get preferential treatment for the City in return.

2. The French want protection for their agriculture - so, come what may, they want the subsidies to continue.

3. The Germans want to carry on exporting their cars and other industrial goods.

4. The rest of the EU27 wants as much of our cash as they can possibly get in the immediate divorce settlement - because that's all they really care about.

Eric Edmond said...

Mr Stoat, again I agree with everything you say. I find the Major's arguments specious.

Niall Warry said...

My comments are not 'arguments' but facts - trading under WTO is not a trading option but a guideline to setting up a deal.

As to agreeing with Stoat how come you now agree to work out a divorce settlement when for a long time now you were all for walking away?

The question is what divorce settlement is best to cope with the reality of 40 years plus of trade integration?

Stephen Harness said...

Good points Eric. We are too honest to be in the European Union and to survive, we should have been prepared to cheat. I was going to give an analogy about signing treaties with people who do not play cricket, however our Australian friends have blown that one away.

Eric Edmond said...

Indeed Mr Harness but the Aussies big sin was to get caught. Athers got away lightly 20 years ago roughing up the ball but times have changed.