Originally posted by vetran
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That was a close one!
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Does the EU-Jap deal have FOM and ECJ strings attached?Comment
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Originally posted by northernladyuk View PostWas the EU in the business of this kind of trade agreement in 1947? In any case, I doubt Japan would have been much of a catch then.
Its been a thing for about 70 years as a trade organisation. I just pointed out its obviously a tulip one.Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by AtW View PostIt's obviously required to have such prevention as otherwise separate deals will be made and the whole thing falls apart, which is what Brexiters want more than having Britain prosper.
70 years is a bit of a run up.Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by vetran View Postso they should be good at making deals then? 70 years is a bit of a run up.Comment
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Originally posted by northernladyuk View PostWas the EU in the business of this kind of trade agreement in 1947? In any case, I doubt Japan would have been much of a catch then.Hard Brexit now!
#prayfornodealComment
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Originally posted by vetran View Posthmm so a free trade bloc that prevents its members signing trade deals with other countries so it has more bargaining power and has been around for 70 years is celebrating finally creating a free trade deal with the world's third largest economy ?!
Despite the BBC's reporting, this trade deal with Japan is not a "free trade" deal (i.e. neither side can just import/export anything and everything). Both sides will have some form of protectionism.
However, this is interesting:
Two of the most important sectors are Japanese cars and, for Europe, EU farming goods into Japan.Comment
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Originally posted by PurpleGorilla View PostDoes the EU-Jap deal have FOM and ECJ strings attached?Comment
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Originally posted by northernladyuk View PostNo, don't think so.Comment
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The point is after this trade deal is signed Japan will have tariff free access to export cars to the EU, whereas the UK will still need to negotiate that. Germany of course will get tariff free access for their car exports to a market twice the size of the UK.
You need to think about that in particular as to how this will impact the UK´s negotiating position.
I'm alright JackComment
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