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jonbxx · 01-06-2016, 10:35

The EU as a politicial organisation has no incentive to give the UK favourable terms post Brexit as it will only encourage other states to look at leaving themselves. If it took two years for Greenland to set up treaties with the EU post independence with 55,000 residents and pretty much only one industry then how long would it take for the UK to negotiate a trade agreement?

Personally, I think the EU would let the UK dangle after the two year exit period is up so we would be working to WTO tariff rates under MFN rules. As an example, this would include 48% tariff on milk, 22% on meat, 12% on goods vehicles, etc. Ouch.

01-06-2016, 10:35	#2391
jonbxx cf.mega poster Join Date: Jan 2004 Location: #Plagueisland Age: 54 Services: VM VIP Pack Posts: 1,712	re: [Update] The UK votes to leave the EU The EU as a politicial organisation has no incentive to give the UK favourable terms post Brexit as it will only encourage other states to look at leaving themselves. If it took two years for Greenland to set up treaties with the EU post independence with 55,000 residents and pretty much only one industry then how long would it take for the UK to negotiate a trade agreement? Personally, I think the EU would let the UK dangle after the two year exit period is up so we would be working to WTO tariff rates under MFN rules. As an example, this would include 48% tariff on milk, 22% on meat, 12% on goods vehicles, etc. Ouch.