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Old 22-02-2016, 09:06   #579
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
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re: [Update] The UK votes to leave the EU

Quote:
Originally Posted by Kymmy View Post
The only country outside of the EU yet in the EAA and EFTA is norway and they had to agree to abide by a lot of EU directives to get there..
Someone needs to tell Iceland and Lichtenstein they aren't in the EFTA, and needs to tell the EFTA that they aren't by default in the EEA even though it was built to combine EEC and EFTA if this is the case.

The customs union doesn't include the EFTA nations but does include Turkey, San Marino, Monaco and Andorra. These guys have free trade with the EU at the cost of not having it with nations outside of the EU.

Obviously nations that want to sell to the customs union would have to comply with EU regulations with regards to the products you sell them. Just as to sell to the USA you'd have to comply with their regulations as far as the products you send them go.

The cool part is that that the ~80% of UK companies that do not export to the EU wouldn't have to comply with EU regulations. They don't have to spend their money trying to keep up with much larger companies that can afford compliance departments. Those who do sell only have to ensure the products they are selling comply, not that their entire methods of business do.

We aren't Iceland or Lichtenstein. We aren't Norway and wouldn't be consciously entering into a deal with the intent of minimising transition to full EU membership.

---------- Post added at 09:06 ---------- Previous post was at 09:06 ----------

Quote:
Originally Posted by Damien View Post
Boris has single handled managed to causing a big drop in the pound: http://www.bloomberg.com/news/articl...rexit-campaign

So it's no small thing he has joined the Out campaign.
May help our exports, and will certainly help my on-call allowance which is paid in US Dollars, a bit
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