Reply to: Japan Trade deal!

[darmstadt]

Decent skewering of the deal here, Truss looks about as happy as Johnson/Gove the morning after the Ref; https://twitter.com/EmilyThornberry/...171888133?s=20

She's also one of those who have swapped sides to further her own aims:

[zerosum]

Decent skewering of the deal here, Truss looks about as happy as Johnson/Gove the morning after the Ref; https://twitter.com/EmilyThornberry/...171888133?s=20

[darmstadt]

These Free Trade Zones aren't all they're cracked up to be: China imposes swingeing tariffs on Australian wine in 'devastating blow' to exporters | International trade | The Guardian

[darmstadt]

Should be finalised sometime in October...slowly more details are emerging and this might cause concern to some people:

Under the new deal, the UK and Japan have agreed to the “free flow of data” by not enforcing localisation requirements. This will allow Japanese conglomerates like Sony, and British fintech firms, such as Revolut and Transferwise, to operate from offshore servers.

The two countries also said that they would not mandate disclosure of source code of their software or algorithms, or share encryption information.

[Mordac]

We haven't had to negotiate trade deals for several decades, so we may not have very experienced negotiators. Maybe we should consider outsourcing this. Maybe the EU could lend us their team?

After what was probably the shortest meeting on record, we've gone with Australia.

[GhostofTarbera]

We haven't had to negotiate trade deals for several decades, so we may not have very experienced negotiators. Maybe we should consider outsourcing this. Maybe the EU could lend us their team?

Surly we just send in the Royal Navy to blockade their ports


Sent from my iPhone using Contractor UK Forum

[DealorNoDeal]

Basically, the UK has agreed much stricter state aid rules than what the EU insist upon and the UK rejected with the EU. The UK - Japan deal leaves the UK much worse off than the current EU - Japan deal. Another triumph for Brex-shi***s.

We haven't had to negotiate trade deals for several decades, so we may not have very experienced negotiators. Maybe we should consider outsourcing this. Maybe the EU could lend us their team?

[PCTNN]

Wait, does it mean that Japan holds some cards?

Or, the UK doesn't hold any?

Which one is it?

[darmstadt]

Put succinctly:

“What’s intriguing is in these international agreements it is really normal for both parties to put restrictions on the other country, so that they know that country won’t pull a fast one, and start dumping things or subsidising their own industries.

“So when it comes to things like state aid and food standards, you show your cards and you tell the other party in that agreement how you’re going to manage those things.”

"And when it’s Japan, it seems OK for us to say ‘this is what we’ll do on state aid, happy to sign up for that. This is what we’ll do on food, let’s sign up for that’."

“As soon as it’s the European Union, those reasonable negotiated agreements between countries turn out to be ‘an assault on our democracy’ and ‘how dare they ask us to know how we’re going to manage food standards’.

“You have to remember the UK was the country that managed to generate BSE by having bad food standards.

“It’s not surprising that any country - EU, Japan or any country we negotiate with - will ask what our food standards will be and not want food to come into their country or bloc unless they know what they are.”

“I think we should be more comfortable in setting out things like our state aid, or our food standards, and just accept that is the normal part of international treaties and once you’ve signed them they have to be binding.”

[Paddy]

Basically, the UK has agreed much stricter state aid rules than what the EU insist upon and the UK rejected with the EU. The UK - Japan deal leaves the UK much worse off than the current EU - Japan deal. Another triumph for Brex-shi***s.

[Whorty]

If you Google 'japan trade deal state aid' and click on the FTP link, for some reason it's not behind a paywall

A little bit here: https://www.forexlive.com/news/!/uks...e-aid-20200913

And here: UK negotiating position in Brexit talks seriously undermined after agreeing to tough state aid rules in Japan deal, legal experts claim | The New European

Not being funny, but most people are pretty lazy (me included) so if you want people to read something it's best to make it easy for them rather than linking to a paywall article, then suggesting they do a search to find a different article.

I'm sure your article is a good one, but very few will read it which will lose the message you're trying to get across.

[darmstadt]

Behind a paywall! Really not worth sharing articles with no explanation what is there if most of us can't read the content.

If you Google 'japan trade deal state aid' and click on the FTP link, for some reason it's not behind a paywall

A little bit here: https://www.forexlive.com/news/!/uks...e-aid-20200913

And here: UK negotiating position in Brexit talks seriously undermined after agreeing to tough state aid rules in Japan deal, legal experts claim | The New European

[Old Greg]

Behind a paywall! Really not worth sharing articles with no explanation what is there if most of us can't read the content.

And the headline alone has too many hard words for most Brexiteers:

Japan trade deal commits UK to stricter state aid curbs than in EU talks

[Whorty]

Hmmmm: Subscribe to read | Financial Times

Behind a paywall! Really not worth sharing articles with no explanation what is there if most of us can't read the content.

[darmstadt]

Hmmmm: Subscribe to read | Financial Times