Eh, are you saying that there are no trade deals at all when EU and Britain are negotiating new ones? A period that there is no trade at all between EU and Britain, i do doubt that.
General / Off-Topic EU Referendum (UK only) - to Brexit or not to Brexit
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Eh, are you saying that there are no trade deals at all when EU and Britain are negotiating new ones? A period that there is no trade at all between EU and Britain, i do doubt that.
btw i had better watch this poll then the i watched on tv lol.
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ofcourse not. that would spiral fast into a nexit , dexit , fraxit very fast. which our unelected leaders don't want.
Mister Juncker was talking about a continental crisis with our ukraine referendum at 6 april if we voted no which we did, this one should have exploded europa by now already , which is also not the case. its scary talk.
we have voted always no , still EU keeps the train going , and then wonder why so many referendums pop up against them.
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ofcourse not. that would spiral fast into a nexit , dexit , fraxit very fast. which our unelected leaders don't want.
Mister Juncker was talking about a continental crisis with our ukraine referendum at 6 april if we voted no which we did, this one should have exploded europa by now already , which is also not the case. its scary talk.
we have voted always no , still EU keeps the train going , and then wonder why so many referendums pop up against them.
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Article 50
1. Any Member State may decide to withdraw from the Union in accordance with its own constitutional requirements.
2. A Member State which decides to withdraw shall notify the European Council of its intention. In the light of the guidelines provided by the European Council, the Union shall negotiate and conclude an agreement with that State, setting out the arrangements for its withdrawal, taking account of the framework for its future relationship with the Union. That agreement shall be negotiated in accordance with Article 218(3) of the Treaty on the Functioning of the European Union. It shall be concluded on behalf of the Union by the Council, acting by a qualified majority, after obtaining the consent of the European Parliament.
3. The Treaties shall cease to apply to the State in question from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification referred to in paragraph 2, unless the European Council, in agreement with the Member State concerned, unanimously decides to extend this period.
4. For the purposes of paragraphs 2 and 3, the member of the European Council or of the Council representing the withdrawing Member State shall not participate in the discussions of the European Council or Council or in decisions concerning it.
A qualified majority shall be defined in accordance with Article 238(3)(b) of the Treaty on the Functioning of the European Union.
5. If a State which has withdrawn from the Union asks to rejoin, its request shall be subject to the procedure referred to in Article 49.
1. Any Member State may decide to withdraw from the Union in accordance with its own constitutional requirements.
2. A Member State which decides to withdraw shall notify the European Council of its intention. In the light of the guidelines provided by the European Council, the Union shall negotiate and conclude an agreement with that State, setting out the arrangements for its withdrawal, taking account of the framework for its future relationship with the Union. That agreement shall be negotiated in accordance with Article 218(3) of the Treaty on the Functioning of the European Union. It shall be concluded on behalf of the Union by the Council, acting by a qualified majority, after obtaining the consent of the European Parliament.
3. The Treaties shall cease to apply to the State in question from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification referred to in paragraph 2, unless the European Council, in agreement with the Member State concerned, unanimously decides to extend this period.
4. For the purposes of paragraphs 2 and 3, the member of the European Council or of the Council representing the withdrawing Member State shall not participate in the discussions of the European Council or Council or in decisions concerning it.
A qualified majority shall be defined in accordance with Article 238(3)(b) of the Treaty on the Functioning of the European Union.
5. If a State which has withdrawn from the Union asks to rejoin, its request shall be subject to the procedure referred to in Article 49.
Minonian
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Don't be. The current deals are between EU members. They don't apply for an outside nation.
There will be trade, but no Free Trade Agreements.
The EU will propose new ones. They can't afford to loose one of their key markets.
British politicians can talk to Swiss and Norwegians to learn how to handle the EU from an outside perspective.
Plus, for every country that leaves, the EU will loose more and more bargaining power.
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For the UK longer is better, there are many things the UK has to do before it can leave the UK, not all office, building up diplomatic core and foreign office again is one of those things, they have 10-15 years of cut backs, both will have to go on a massive recruitment drive to have the staff to deal with what can be incredibly complicated negotiations. One more thing that 350 million a week "savings" will have to be spent on.
2 years , not tomorrow.
But they won't be quick about it. An we have seen with Greece they are more than willing to watch a nation population suffer if it keeps their project on track.
Yes ofcourse, there will be new ones in effect then. I do doubt there will be any periods when there isnt some sort of trade agreement in effect between EU and Britain.
In the end (once everything has been settled and negotiated) Britain will most likely be part of EFTA...
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Will they?
The EU is more important for the UK than the UK is for the EU.
And the UK is not in the same position as Swiss or Norway, whose treaties and agreements have taken generations to negotiate and are still in the process of negotiating.
No country, not even the UK, has left the EU yet. So it has still a whole lot to bargain.
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It takes decades to negotiate such an agreement ... You don't go in there and ask: "Yo, bros, wanna trade?".
Minonian
Banned
In time but until than, there will be a lot of upheaval. The current deals are became uncertain, so as the consequences, and the whole EU - UK economic and political environment, as chaotic it can gets.
Besides, as i said, the exit referendum only became legit after the government passed down to the EU although i don't know they too need to accept it, or its automatically binding to them?
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Yup! UK is not a drug dealer with a briefcase of cash after all...
Greece is a different story. They made capital out of the corruption there and lended them money to buy back goods (e.g. military equipment) when the country was bankrupt.
The EU's war chest is not full, they have to finance their expansion to the East (and they just lost the Crimea to the Ruskies) and finance their deals with Erdogan.
Further, some of the main exporters, like Volkswagen, are partly state-owned and can exert a direct influence on politics.
Seriously, I wouldn't worry too much. And as others said, the global markets are huge - there is no need to primarily deal with mainland europe.
I'm excited for the future. Instead of being shackled to the Euro club and limited within a sphere of influence, the scope for trade has just gotten wider. Let's see these bargains from South America come flooding over. Time to get investing. The potential to reap fortunes are on the horizon.
Ofr course there will be losers, namely the businesses that were making profits to the detriment of the tax payer. We now have total control of our decisions/ lawmaking, our borders and trade. This is a grand day indeed!
Ofr course there will be losers, namely the businesses that were making profits to the detriment of the tax payer. We now have total control of our decisions/ lawmaking, our borders and trade. This is a grand day indeed!
6. If the EU has an "unfortunate accident" or, Putin's dog eats article 50 that was carelessly left on the table by Angela Merkel then items 1 - 5 above no longer apply!
Minonian
Banned
That's true but you forget you have better chances for trade too within a greater group.
Outside? Its lot more problematic.
EFTA and its rules already exist, no need to renegotiate every little detail again. Its inconcievable that EU would refuse to do any trade with Britain, that will simply not happen. EU would loose too much in that case. Afterall Britain is the second largest economy in EU.
Minonian
Banned
Yeah.
Wider... Let's see how wide it will became after the EU market closes down, and so as it's contact system? Without its a lot harder to gain leverage.I really interested at it, Wanna bet?
I don't think so.
Thanks to the pound it's now the third largest.
The negotiations to join EFTA would still take a decade. Especially when EU memberstates try to block it.
Of course the EU will continue to trade with Britain. But they can do that while you're not in EFTA or the common market. After all you need the products from the EU more than they need yours.
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