Worth putting a fiver on UK/EU negotiations going into December.
Why?
1. Govt. are firm believers in deadlines focusing minds (it’s the journalist in the them)
2. Brexiteers have never stopped believing that the EU will fold in the face of no-deal.
3. Brexiteers are convinced that the EU only makes deals at the eleventh hour and that running down the clock works in their favour.
4. The closer to Christmas the deal is done the easier it is to bury noise from the ERG and Farage about "betrayal".
Plenty of the assumptions made by No. 10 about the way the EU will behave during the end game are wrong (see 2 & 3 above), but David Davisism dies hard.
All this points towards government running negotiations with the EU as close as possible to Christmas.
Govt. know the EU won’t walk away from the negotiations.
They know that hard Brexiteers are in no rush for a deal.
They know that the general public isn’t really watching/doesn’t really care.
They know that the only real deadline is 31st December.
And they believe running the clock down is a safe gamble.
And as for ratification, process isn’t something that keeps this govt. up at night, and they most likely see this as the EU’s problem, not theirs. After all, it’s the EP, not the UK Parl. that has a ratification role.
So hold tight, we've got a few more weeks of this yet.
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Some future gazing regarding #Brexit. Two possible scenarios for consideration, and under both, Brexit just doesn’t go away.
1.We get a deal this year. It's thin for goods, with the benefits broadly limited to zero tariffs, at least on paper if not always in practice (see rules of origin & #automotive), & largely non-existent for services.
This new FTA world comes with considerable new cost that sends some businesses to the wall, and new friction that will cause significant disruption in some places (see Kent), but not everywhere.
...Sounds pretty cool, if a bit old. But, it's a multilateral treaty, rather than an Australia deal with the EU. Plus it doesn’t relate to trade. Not to worry, there are loads of others.
Some future gazing on #Brexit. Two possible scenarios under consideration...
1. We get a deal before the end of the transition. It's thin for goods, with the benefits broadly limited to zero tariffs, at least on paper if not always in practice (see rules of origin &#automotive), & largely nonexistent for services.
The new world of trading on an FTA comes with considerable new cost that sends some businesses to the wall, and new friction that will cause significant disruption in some places (see Kent), but none in others.
I'm a little late this this, but this conversation between @rafaelbehr & @fotoole on #Brexit, nationalism & a lot more besides is terrific. Highly recommended listening.
I particularly enjoyed the analysis of the Italian Job & the fascinating observation regarding the symbolism of the Union flag (prominent at the beginning of the film) being replaced by the flag of St. George, as English football fans descend on Turin.
This is all the more interesting since the Italian Job was made only three yrs after Eng. won the World Cup in front of a crowd full of waving Union flags.
A few thoughts on the extent to which the EU does, or does not have a strategy when it comes to (i) #Brexit; and (ii) its long term relationship with the UK.
I have previously argued that the #EU appeared to be determined to treat the phase-two negotiations as though #Brexit were simply a matter of trade, rather than what it actually represents, namely the most extraordinary geopolitical curveball thrown in the west in a generation.
However, this depiction of the #EU’s approach isn’t quite fair. The EU is treating phase-two, both as a matter of trade, but also as a threat to it’s own short, medium & long-term interests.
Following some interesting exchanges, here’s a few late night thoughts on the extent to which the EU does, or does not have a strategy when it comes to (i) Brexit; and (ii) its long term relationship with the UK.
I have previously argued that the EU appeared to be determined to treat the phase-two negotiations as though Brexit were simply a matter of trade, rather than what it actually represents, namely the most extraordinary geopolitical curveball thrown in the west in a generation.
However, this depiction of the EU’s approach isn’t quite fair. The EU is treating phase-two, both as a matter of trade, but also as a threat to it’s own short, medium & long-term interests.