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Old 31-10-2016, 12:10   #2303
1andrew1
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Re: Post-Brexit Thread

Quote:
Originally Posted by martyh View Post
Why do we have to be in the single market to get a trade deal ? Nissan have indicated that they are happy with whatever deal the government are going to go for and must be confident that the government will get it because not only have they announced the continuing production but an extra production line for a new model and on top of that they are extending the plant to build engines .The vast majority of Nissans production is exported to Europe and Nissan knows that Europe do not want to lose that trade .

Really think it's time people started to think beyond single market membership it is not an option and doesn't need to be an option
Lots of talk about the UK doing free trade deals for particular industry sectors like the car industry. Any free trade agreement must cover substantially all (goods) trade according to Article XXIV of the GATT/WTO so a deal that just covered the car industry is not possible. There was a Canada-US Auto Pact with zero tariffs, but the WTO found this to be contrary to Article XXIV, see: https://www.wto.org/english/tratop_e..._e/ds139_e.htm

So any free trade deal would have to cover all industries.
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