WTO rules

[motoukenin]

Using Croatia's accession to the EU as an example, this was sorted in 2014 but ratification by all member states is still not yet complete. As a result, Croatia has transitional arrangements to access the EU's single markets without being an official member as yet.

One poxy little region of Belgium nearly derailed CETA (one can argue whether CETA is a good thing or not).

But is "The EU is so tulip at getting things done, it is better to be in it?" really an argument?

Think it was Tusk who said they wanted 6 months for ratification that's why he said we only had 18 months, but I think your arguments do support a WTO environment for the UK. I am not a big fan of the EU but to me its like tax, nobody wants it everyone moans about it but if nobody paid it then we would not be in a good position.

So I see leaving the EU as a short term pain that could cause massive problems for the UK if we don't handle it right even longer maybe, as I speak more than one language I am not as affected as most.

[chopper]

More likely we will get to that point in 2018 and all has to be wrapped up by Sept 2018 as that will allow until March 2019 to ratify, we could extend this but all 27 countries need to agree, which is very unlikely.

Using Croatia's accession to the EU as an example, this was sorted in 2014 but ratification by all member states is still not yet complete. As a result, Croatia has transitional arrangements to access the EU's single markets without being an official member as yet.

One poxy little region of Belgium nearly derailed CETA (one can argue whether CETA is a good thing or not).

But is "The EU is so tulip at getting things done, it is better to be in it?" really an argument?

[darmstadt]

WTO rules in terms of tarrifs may not be an issue as the weak pound will make our goods much cheaper to sell abroad, and WTO rules will make anything that the EU sell to us more expensive, so agree not as bad as some predict, where it will hurt us is when the paperwork is not done correctly and we are back to lorries piling up in Dover again.

What goods are those? Where do the raw materials for those goods come from? Who is going to pick the fruit for all the jam to be made for export?

[TheFaQQer]

They are limp home mode. They keep the wheels turning, but not designed for speed and efficiency.

They are perfectly designed for speed though

[motoukenin]

Does anyone know which developed countries rely solely on WTO rules?

WTO rules in terms of tarrifs may not be an issue as the weak pound will make our goods much cheaper to sell abroad, and WTO rules will make anything that the EU sell to us more expensive, so agree not as bad as some predict, where it will hurt us is when the paperwork is not done correctly and we are back to lorries piling up in Dover again.

To get a trade deal we will need all 27 countries to agree, we have French and German elections this year and then we will need to agree the divorce deal (money we owe them) before trade negotiations start.

More likely we will get to that point in 2018 and all has to be wrapped up by Sept 2018 as that will allow until March 2019 to ratify, we could extend this but all 27 countries need to agree, which is very unlikely.

[original PM]

Maybe we can establish a route across Asia to trade silk and horses with the Han Dynasty.

Pretty sure the silk road was turned into a toll motorway years ago?

[VectraMan]

set up mutually beneficial trade routes with those countries which want to

Maybe we can establish a route across Asia to trade silk and horses with the Han Dynasty.

[PurpleGorilla]

But Boris said WTO rules would be perfectly OK.

They are limp home mode. They keep the wheels turning, but not designed for speed and efficiency.

We need to go through a re-birth on the world stage. WTO will give us a framework to build on - if we need it.

[original PM]

lets do something really scary

set up mutually beneficial trade routes with those countries which want to

and those which seek to impose large tariffs which make trade impossible we can forget.....

unless 'someone' steps in a starts trying to stop us doing that....

[northernladyuk]

But Boris said WTO rules would be perfectly OK.

[PurpleGorilla]

Brexit: WTO rules | Resources | Brexit | News & Publications | Travers Smith

There is a section in there:

"Do other countries rely solely on WTO rules?"

"Very few countries rely solely on WTO rules in relation to their trade with the rest of the world."

But doesn't actually list them.

Perhaps emerging new nations such as South Sudan?

[chopper]

Brexit: WTO rules | Resources | Brexit | News & Publications | Travers Smith

There is a section in there:

"Do other countries rely solely on WTO rules?"

"Very few countries rely solely on WTO rules in relation to their trade with the rest of the world."

But doesn't actually list them.

[PurpleGorilla]

Very few if any. They are the default starting point from which more sophisticated arrangements can be made.

What the UK is doing is pretty unprecedented.

[scooterscot]

Principality of Sealand

[northernladyuk]

Does anyone know which developed countries rely solely on WTO rules?