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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.
