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Old 11-09-2020, 10:45   #3718
Chris
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Re: Brexit-Transitional Period Ends 31/12/20

Quote:
Originally Posted by BenMcr View Post
As the FT points out, it's basically maintaining the existing trade we can do via the EU-Japan FTA.

https://www.ft.com/content/1cb01980-...a-528c5b3b1807

Devil will be in the details though as to how it's different, as it will be an indication of what benefits (or downsides) we get by negotiating our own deals as an independent trading nation.
Anything close to the existing EU trade deal puts the kibosh on claims that the U.K. is less attractive as a sovereign trade partner than the EU as a bloc.

I have no doubt that in the long run, deals we do with other sovereign states and trading blocs will vary, offering greater benefits in some areas and compromises in others. This will demonstrate the flexibility we now have to negotiate deals that best fit our economy, although I have no doubt that remainers will gleefully pounce upon any compromise as evidence of our reduced negotiating heft.
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