How much mileage in this quote?
"Mr Campbell Bannerman, who sits on the European Parliament’s trade committee, said: “The reports we are getting in the European Parliament is that German industry is beginning to panic that we may end up walking away and go for World Trade Organisation rules because of the hard stance being taken by leading figures in the EU like Tusk and [commission chief negotiator] Michel Barnier.
“What people didn’t realise about Tusk’s statement is that he has already conceded a Canada plus deal, in other words a deal better than the free trade agreement recently with Canada.
“That would solve the Northern Ireland border issue and give us complete tariff free access for goods, although limited access for services.
“I think we should bank that.”
But he added: “It is good that the Government is prepared for WTO rules and it sounds like the EU’s hard stand is pushing ministers that way.
“I would like ministers to come out more to say how prepared we are for that scenario.”"
I am pretty certain that there is a fair bit of truth in it and that there are 2 possible outcomes.
1. We walk away. No deal. No divorce payment. Nothing. Use the WTO tariffs.
2. We get a compromise somewhere between what Mayhem wants and what the EU Commission is pushing for.
I would also add that the French, Italian, Spanish and other car manufacturers will likely soon be at their governments telling them they can't be savage with the UK or they themselves will suffer...... also a point I have made before.
"Mr Campbell Bannerman, who sits on the European Parliament’s trade committee, said: “The reports we are getting in the European Parliament is that German industry is beginning to panic that we may end up walking away and go for World Trade Organisation rules because of the hard stance being taken by leading figures in the EU like Tusk and [commission chief negotiator] Michel Barnier.
“What people didn’t realise about Tusk’s statement is that he has already conceded a Canada plus deal, in other words a deal better than the free trade agreement recently with Canada.
“That would solve the Northern Ireland border issue and give us complete tariff free access for goods, although limited access for services.
“I think we should bank that.”
But he added: “It is good that the Government is prepared for WTO rules and it sounds like the EU’s hard stand is pushing ministers that way.
“I would like ministers to come out more to say how prepared we are for that scenario.”"
I am pretty certain that there is a fair bit of truth in it and that there are 2 possible outcomes.
1. We walk away. No deal. No divorce payment. Nothing. Use the WTO tariffs.
2. We get a compromise somewhere between what Mayhem wants and what the EU Commission is pushing for.
I would also add that the French, Italian, Spanish and other car manufacturers will likely soon be at their governments telling them they can't be savage with the UK or they themselves will suffer...... also a point I have made before.



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