This is quite an interesting example of food export/imports; here are the big exporters (Hong Hong really?) Spain: US$1.3 billion (25.2% of exported oranges) South Africa: $752.5 million (14.9%) United States: $632.4 million (12.5%) Egypt: $547 million (10.8%) Netherlands: $299.9 million (5.9%) Australia: $228.1 million (4.5%) Hong Kong: $157.2 million (3.1%) Turkey: $157 million (3.1%) Greece: $126.9 million (2.5%) Italy: $108.3 million (2.1%) So we have many good sources to buy from. But they are more expensive from outside the EU. Why you ask, how can that be? Good old protectionist EU apply 16% on Oranges from outside the EU. Now when they let us leave, we'll be able to buy cheaper, fresh oranges from SA/USA
I was leaning towards remain, but cheaper oranges, fuck I'm a leaver again, that was a close one. Has the PM resigned yet, tired listening to her bullshit
But you are not paying that 16% now. So they won't be any cheaper. And if you allow 0% tariffs on orange imports that will be across the board, including Spain. And Spain will have cheaper transport costs, so they will still probably be coming from Spain as they will be fresher too. So the EU loses nothing in orange exports.
Lemon WTO rule extract... Some exceptions are allowed. For example, countries can set up a free trade agreement that applies only to goods traded within the group — discriminating against goods from outside. Or they can give developing countries special access to their markets. Or a country can raise barriers against products that are considered to be traded unfairly from specific countries.
Hopefully people will see what's on offer from the EU and realise it's a lemon. We can have a peach of a future on WTO terms and should kick this deal in the plums. We'd be nuts to accept it, but luckily, Theresa May is a real gooseberry with ther party at the moment, and the old prune hasn't got a fig of a chance of getting this through.
So we can still buy from the nearest partners? And at the cheaper prices that Spain will have to support/ Awesome! Win win
1, you do not know the tariff rates, 2 or the ones to come or 3, if any. We won't have a deal with spain anyway as spain does not do independent deals, the eu does the countries deals. we would have to do a block deal with the eu on such things and it will be far cheaper and with less aggro to get such things from non eu countries. The eu would lose because of the budgets, if you knew about them you would know each country has a projected financial input into the 7 year cyclical budget with a caveat that if your surplus is above expectation i.e. your country has done well, then that country has to give a percentage of that extra wealth to the eu. This has caught out the top 3rd of the eu countries who have tended to put in more than it has taken out. No extra benefit, no extra money, the eu loses money. Stay away from the pimms
Disagree. The 16% is there to make oranges from outside the EU the same price, or more expensive than those from within the EU. There is no 16% tariff on oranges coming from Spain to the UK. Thus, once out of the EU, oranges could come from SA at 0% tariff, making them 16% cheaper than Spanish oranges. Result, Spanish producers have to drop their price in order to compete in the UK market, or they say ‘feck the UK, we’ll keep selling to the rest of EU. Meanwhile some enterprising chap or chapess in the UK realises oranges from SA are 16% cheaper than oranges from Spain. He/she also realises the UK is still in a tariff free customs union (after the Transition Period) and he/she also realises SA oranges accord to EU regulations on oranges ie they’re round, orange in colour, juicy and taste of orange. So he/she imports from SA and sells across the UK and EU at 8% less than Spanish oranges and creams 8% for himself and pays tax to the UK Govt on his profits and not to the EU and still undercuts the EU subsidised Spanish oranges by 8%. That’s business. What’s wrong with that? Edit: changed he to he/she to make it more PC after SWMBO read it
There is another side to be considered also and because duke is involved you know he will not mention "but what about the eu side", the side he always forgets. Many non eu countries will have made trade agreements with the eu, with the U.K. being part of that package. Would there now have to be further understandings as to whether current eu agreements with non eu countries, are still valid or would they need renegotiation? If a non eu country makes a deal with the eu for a package of 28 countries but then they only offer 27 and the loss of access to the U.K. through eu agreements, does that agreement still stand? Remembering of course the whole of the eu agreements were written without any expectation a member would leave so is open to much interpretation. In a technical sense, a question might need to be asked of the wto who represent most of the non eu countries, does the eu now have to renegotiate all of it's non eu trade agreements now the U.K. has left the eu and what the eu have to offer now, is not what was in the agreement? Often whilst we beat ourselves up on the U.K.'s position we forget we only have to sort out one country (of a few nations), the eu on the other hand COULD and I do admit it is a could, could be in a position where every agreement with an outside non eu country could be now challenged as the agreement would have changed substantially
Sky "News" currently running a hatchet job on Arlene Foster plus floating the idea that maybe ordinary folk from NI actually support May's "deal". Once you see how MSM works, you cannot ever unsee it.
Strap yourselves in boys, Battle of the Boyne, and Spanish Armada invasion re-runs coming soon........
Are you really saying that the U.K. did not benefit from Poland joining the EU? If you are you have been smoking crack
Ain't that the truth. I think Brexit / Trump have really opened people's eyes to this, in the last 2 years.
