[pip08456]

Originally Posted by Pierre

But they still want to set up an FTA with the sinking the ship and the sinking ship will set the terms of that deal.

The terms will almost certainly require us to pay in a considerable amount to the EU and require free movement of labour which will torpedo the proposal below.

wont happen if you want a FTA with the EU.

---------- Post added at 08:52 ---------- Previous post was at 08:44 ----------



I can't see it, maybe I missed it. But where does it state that the amount of contributions to the EU FTA and other EU programmes are based on the GDP of the state?

You are basing your theory of an FTA post Brexit on a flawed argument.

See this: re-FTA

" Reciprocity is a necessary feature of any agreement. If each required party does not gain by the agreement as a whole, it has no incentive to agree to it. If agreement takes place, it may be assumed that each party to the agreement expects to gain at least as much as it loses. Thus, for example, Country A, in exchange for reducing barriers to Country B’s products, thereby benefiting A’s consumers and B’s producers, will insist that Country B reduce barriers to Country A’s products, benefiting Country A’s producers and perhaps B’s consumers."

source https://scm.ncsu.edu/scm-articles/ar...national-trade

See also

The EU obtains its revenue from four main sources:

Traditional own resources, comprising customs duties on imports from outside the EU and sugar levies;
VAT-based resources, comprising a percentage (around 0.3%) of each member state's standardised value added tax (VAT) rate;
GNI-based resources, comprising a percentage (around 0.7%) of each member state's gross national income (GNI); and
Other resources, including deductions from EU staff salaries, bank interest, fines and contributions from non-EU countries

sourcehttps://en.wikipedia.org/wiki/Budget...European_Union