There is much talk of the EU 'blinking' and wanting to do a 'deal'
The theory
A potential future UK-EU Free Trade Agreement of the sort favoured by Brexiteers has been little considered, and indeed it is widely assumed in the UK that if the Ireland border issue is solved, a Canada-style deal is the answer.
The UK will thereby continue to enjoy the benefits of preferential free trade with the EU, particularly in goods, but equally be free also to make our own trade deals, including with the US.
The Reality
Well, what are you prepared to concede in a Free Trade Agreement?
the EU consider that preferential access to their market, including elimination of most or all tariffs, is so valuable (total GDP c$15tn) that they can set the conditions.
In truth there is no perfect UK-EU deal, the EU will demand concessions in return for preferential access, and our failure to be honest about this fact is leading us uncomfortably close to a long term rupture.
Brexiteers can choose between preferential access with integration, or isolation
Isolation means no deal -which is doomed to failure
extract of article by David Henig: expert on development of trade policy post Brexit
(ie somebody that knows what he is talking about and therefore hated by Brexiteers)
https://ecipe.org/blog/isolation-or-integration-eu-fta-brexit/
The theory
A potential future UK-EU Free Trade Agreement of the sort favoured by Brexiteers has been little considered, and indeed it is widely assumed in the UK that if the Ireland border issue is solved, a Canada-style deal is the answer.
The UK will thereby continue to enjoy the benefits of preferential free trade with the EU, particularly in goods, but equally be free also to make our own trade deals, including with the US.
The Reality
Well, what are you prepared to concede in a Free Trade Agreement?
the EU consider that preferential access to their market, including elimination of most or all tariffs, is so valuable (total GDP c$15tn) that they can set the conditions.
In truth there is no perfect UK-EU deal, the EU will demand concessions in return for preferential access, and our failure to be honest about this fact is leading us uncomfortably close to a long term rupture.
Brexiteers can choose between preferential access with integration, or isolation
Isolation means no deal -which is doomed to failure
extract of article by David Henig: expert on development of trade policy post Brexit
(ie somebody that knows what he is talking about and therefore hated by Brexiteers)
https://ecipe.org/blog/isolation-or-integration-eu-fta-brexit/