Has the backstop back-fired on Ireland? | 69 comments (69 topical, editorial, 0 hidden)

Re: Rest of World (none / 0)

Brexit is essentially a dispute between countries that are currently within the EU. Trade with the rest of the world need not be impacted one way or the other, except perhaps by Sterling depreciation, and perhaps some depreciation of the Euro relative to the $. EU27 trade with the UK could be effected very greatly indeed, depending on the precise shape Brexit eventually takes, but trading with the ROW will be governed largely by the same WTO rules and FTAs as now.

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sun Jan 20th, 2019 at 08:43:00 PM EST
[ Parent ]

Re: Rest of World (none / 0)

Correct.

What are the consequences for UK trader given exit from EU? My remarks concern the consequences for UK traders on exit, given NI and IE are significant supply nodes in UK manufactures and distribution of ("marketing") unfinished and finished goods to EU27 and ROW.

Diversity is the key to economic and political evolution.

by Cat on Sun Jan 20th, 2019 at 09:19:10 PM EST
[ Parent ]

Re: Rest of World (none / 0)

It is generally not a good idea for an island dependent on other nations to help manufacture, distribute or sell their products to piss off said nations...

Hence Ireland is (i) keen to remain in the EU, and (ii) anxious to maintain as functional and friction free trade with the UK as possible.

The UK doesn't seem to be as concerned about this, or else thinks that the ROW can't manage without them...

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sun Jan 20th, 2019 at 10:52:54 PM EST
[ Parent ]

PS distribution (none / 1)

Tory gov labors with the belief that UK manufacturer (any industry) will be able to replace trade with EU27, in part or wholly.

To accomplish this feat manufacturers require access to diverse, international air and sea ports as well as long-haul transport. Manifest and customs inspection will be inescapable.

Diversity is the key to economic and political evolution.

by Cat on Sun Jan 20th, 2019 at 09:25:17 PM EST
[ Parent ]

errata (none / 0)

long-haul capacity

Diversity is the key to economic and political evolution.

by Cat on Sun Jan 20th, 2019 at 09:26:17 PM EST
[ Parent ]

Re: Rest of World (4.00 / 4)

I recall that trading with the ROW has been flogged here and elsewhere to no certain conclusion, except that it will not be simple and easy as implied in your comment by tagging along to existing WTO and phantom FTA rules. It will be a desolate chore to disentangle the island from 40 years of EU legislation and provisions and ferret out trade agreements on advantageous terms with the world's economic giants.

by de Gondi (publiobestia aaaatttthotmaildaughtusual) on Sun Jan 20th, 2019 at 10:43:14 PM EST
[ Parent ]

Has the backstop back-fired on Ireland? | 69 comments (69 topical, 0 editorial, 0 hidden)

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