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Old 30-10-2016, 12:31   #2297
1andrew1
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Re: Post-Brexit Thread

Quote:
Originally Posted by denphone View Post
UK seeking tariff-free EU deal for carmakers says Business secretary Greg Clark.

https://www.theguardian.com/business...xit-sunderland
There's an interesting comment made after that article:
"There were only 3 options that could have swayed Nissan's management.
1. The government told them they had no plans to invoke Article 50
2. The government told them that they are going to negotiate a deal to have full access to the single Market.
3. The government told them that they would subsidise Nissan's Brexit costs.

1 was unlikely, 3 would have cost the UK too much, would probably have breached WTO rules and would have opened the floodgates to all the other manufacturers in the same position.

So we now end up with 2. the only affordable option but the one which is truly ludicrous if you are a Brexit supporter. So we negotiate a trade deal with the EU that keeps us in the Single Market and the Customs Union. How hilarious, any immigration controls will be a gloss on the existing arrangements, we will pay for access and we no longer have any say whatsoever in the regulations UK businesses have to comply with to sell into the EU."
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