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No one on the EU side is talking about this, so I wonder what they are up to. If Sterling devalues by another 20% many EU industries will struggle to compete in the UK market. Could the EU be considering putting blanket tariffs on UK goods to level the playing pitch and retaliate for the UK defaulting on their exit payment? The EU is concluding more and more FTAs with all its major trading partners and relying less and less on WTO rules. Could it even be considering leaving the WTO? Index of Frank's Diaries
European Council | Council authorises opening of negotiations with WTO members on Brexit-related adjustments, 26 June, including legislative TRQ proposal for ratification
Third-countries comment and analysis of EU "adjustments" EPA Monitoring | EU Council authorises launch of Negotiations on apportionment of WTO TRQs, 2 July
UK - WTO notification WTO | United Kingdom submits draft schedule to the WTO outlining post-Brexit goods commitments, 24 July
The United Kingdom considers this notification to constitute a rectification of its concessions under the WTO, on the grounds that the schedule replicates the concessions and commitments currently applicable to the UK as an EU member. Under this process, known as the "1980 Procedures for modification and rectification of Schedules", WTO members will have three months to review the schedule, which will be considered to be approved if there are no objections from other members.
October 2018 "conclusion" to UK negotiation A question one might ask, but will not evidently find in the Irish Times is, Has any WTO member submitted objections to either TRQ yet?
And therefore, What are EU delegation purposes in "side-line" meetings on "WTO reform" with third-countries?
One will not likely find the correct answers in Tory gov presses. The consequences of its acts are bigger than itself, and that is not flattering and ideas of "brinksmanship" in a game of more than two players. One of which the odious Team Trump, bandying about autos and soybeans.
archived Seven agricultural...already said they disapprove of the terms of the divorce, 25 July That action cannot be walked back, 26 July Diversity is the key to economic and political evolution.
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