The EU is a protectionist economic bloc dominated by Germany and France. It is also a political union intent on morphing into a federalised United States of Europe, where European sovereign nation states are abolished and a central power in Brussels dictates all policy.
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Unlike other trade blocs around the world, such as ASEAN for example, member states are prohibited from sealing their own bilateral comprehensive free trade agreements with other countries outside the bloc. Because Trade is an EU Commission competence.
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The EU's protectionism hampers African economic growth by attracting raw commodities tariff-free yet placing hefty tariffs on processed commodities. It swamps Africa with subsidised food (chickens, for example), undercutting local African farmers. The EU is not benign.
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Britain, or more accurately the Heath Conservatives, gave away control of Britain's fishing grounds to what we know now as the EU. However, the UK's Exclusive Economic Zone (EEZ) is the richest fishing area in the EU, and one of the most promising in the world.
What, then?
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The Johnson Conservatives, when negotiating Britain's exit from the EU, decided to effectively sacrifice Britain's control of its waters in a trade-off to secure deals for Britain's car manufacturers, most of which as you well know are foreign-owned.
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It is up to the British Government now to rebuild our fishing industry. And that includes recapturing control of the UK EEZ. No more EU factory ships. No more EU access even, until we have got our fishing fleets back up to full strength. And possibly not even after that.
We need to make this absolutely clear to Remoaners or Rejoiners: EU membership prevented the UK from securing comprehensive trade deals. None of the dozens we've now signed could come into effect until we left the EU Customs Union and Single Market on 31 Dec 2020.
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So, the first task was to roll over existing EU deals the UK had been party to — with countries such as South Korea, Mexico, Chile, Turkey, Ukraine & Israel and blocs such as the Andean group, C. America, Cariforum & SACU+M — tweaking to our advantage wherever possible.
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By 'tweaking', I mean lifting or even removing damaging EU quotas on any counterparty's exports to us. Where we're not threatened (e.g. on wine or orange imports from South Africa, for example) UK should not and will not now be hidebound by EU protectionist measures.
The economy of the UK will change out of all recognition due to two concurrent events: Brexit and the Pandemic.
The results are likely to be long-lasting and affect every inhabitant of our wonderful country.
This thread attempts to capture just a few of these changes.
Companies will tell more employees to work from home and come into the office less. Offices will consist of hot-desks. Firms will need just one third of the space previously rented so will downsize. Freed-up commercial space will convert to residential, easing the housing crisis.
Manufacturers will want much shorter supply chains. To satisfy this demand, UK suppliers will reshore production to the UK. This will positively impact local employment and logistics. It will also boost local training at local academies as well as apprenticeships on offer.
Almost two-thirds of all of the cork exported in the world is exported by the United Kingdpm's oldest ally, Portugal (60.8% in 2019, according to WTEx). The Portuguese exported $1.2 billion worth of cork to customers abroad in 2019.
Britain's trading relationship with Portugal was boosted by the Napoleonic Wars when Brits could no longer get hold of French wines. At that time we became a huge market for the Portuguese and also started to take a keen interest in helping them develop their port industry.
England's diplomatic relationship with Portugal began to blossom in 1373. We signed the Anglo-Portuguese Treaty, which established 'perpetual friendships, unions [and] alliances'. Our alliance was confirmed at the Treaty of Windsor in 1386. We've been firm friends ever since.
Ecuador
El Salvador
Eswatini
Faroe Islands
Fiji
Georgia
Grenada
Guatemala
Guyana
Honduras
Iceland
Israel
Jamaica
Jordan
Kosovo
Lebanon
Lesotho
Liechtenstein
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The UK has Trade Continuity Agreements with:
Madagascar
Mauritius
Morocco
Mozambique
Namibia
Nicaragua
Norway
Palestinian Territories
Panama
Papua New Guinea
Peru
Has anyone asked a Remain politician why they're so dedicated to wedding the UK to the EU when it's a bloc that forces us to pay tens of billions to be involved with it yet doesn't import enough of our goods or services to enable us to have an equitable balance of trade with it?
Almost inevitably, a Remain politician would respond by claiming that the EU is the world's largest single market.
But it isn't. The United States of America is. The US economy is more than one third larger (34.4%), according to the IMF.
Then they would claim that the EU has kept the peace in Europe.