"Dash for Diesel"

[sinkov]

What happened to that Coalition government we were going to form 59/60, we fall out even more than George Osborne and David Laws ever did.

[Supersub6]

Heard an interesting tale this morning about a large Chinese electronic company who were wanting to expand by opening a large number of stores in this country, however, because we are coming out of the EU they have now turned their attentions to areas within the EU. They are hoping to open a few thousand outlets and originally wanted to do it in the UK.

[sinkov]

But China has no trade deal with the EU, they trade with them under WTO rules, as we will if we leave without a trade deal being agreed.

[1959_60]

Yes Sinkov, but this will be very good for China but not so good for us.

http://www.huffingtonpost.co.uk/rob-..._17505102.html


China would hold all the aces here. The same is true for other potential new trade agreements with other countries.

To set up individual trading agreements with countries such as China, India etc usually involve very protracted negotiations and take years to pull off. At the moment there seems to be little advantage to these countries to strike a separate deal with us. They will benefit from WTO rules - but we will be penalised.

When I was working we used to import IT equipment from Asia, generally China, and the business was good for us (buying directly from the manufacturers) even though there was a small tariff to pay.
Exporting will prove to be the problem, depending on what we wish to sell them.
I keep banging on about how simple it is to currently trade with the EU. It really is as simple as buying from the UK. And most businesses who trade with the EU have spent years building up their customers/suppliers. No tariffs, no custom hold ups, no red tape, it has been brilliant.
Plus the fact that you can guarantee the standards of your imports because it has to conform with EU regulations.
It is always a worry to start dealing with other countries who do not need to conform to these same standards. There is a lot of cheap junk being made in China etc. so you need to be mindful of this. Please also remember the long transit times from these countries. Money has to be paid upfront and it can take several weeks, and a LOT of paperwork, before you receive your goods. It is usually two days lead time in most of Europe.

As a recent businessman who dealt mainly in the EU, but also with the US, Asia, Africa and Australasia I am still waiting for someone to explain to me how Brexit will help to increase trade and hence our national wealth.

If you can explain how Sinkov (without mentioning these fictitious "super deals once we have left the EU") then the coalition is back on

[Norder]

.

all this trading brexit bull6hit malarky....Fixed many moons ago by the players of the upper game, countries bought and paid for - held down by an association for the mutual benefit of the few - and concealed through the lower order lie of independence - where sovereignty of government is a fiction, a script of subterfuge, a distraction to box free movement, controlled and restricted by the manipulation of conflict....all agitations a construct to the benefit of the apical power that steers them

.....imho

[The Bedlington Terrier]

Chinese stuff is total crap anyway!

[Altobelli]

.

all this trading brexit bull6hit malarky....Fixed many moons ago by the players of the upper game, countries bought and paid for - held down by an association for the mutual benefit of the few - and concealed through the lower order lie of independence - where sovereignty of government is a fiction, a script of subterfuge, a distraction to box free movement, controlled and restricted by the manipulation of conflict....all agitations a construct to the benefit of the apical power that steers them

.....imho

I'd agree Norder, Its all a load of Bollox.

[1959_60]

Maybe Nodor/Alto. But it will be very expensive and painful bollox.

[Altobelli]

Always has been and always will be 59_60, for the fodder who are looked down upon by the privileged who don't suffer by their half @rsed Idea's

[sinkov]

What I fail to understand is, if leaving the single market and the customs union is going to be such an unmitigated disaster for us, how can it be that the EU is China's largest trading partner and China is the EU's 2nd largest trading partner after the USA, when neither China or the USA is in the Customs Union or the Single Market ? An explanation for this apparent contradiction would be welcomed.