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Peter Ungphakorn Profile picture
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11 Dec, 5 tweets, 3 min read
Oh no. And they were doing so well.

These tweets started to stick to the facts.

Until today.

"No other country has ever moved so fast"

True. Because no other country was about to lose so many deals, hence rushing into near-copies

Remember yesterday's oven-ready deal?

1/n
It was with one of the biggest trading economies in the world. How long do we think it took to secure this deal?

(OK, others were more difficult so good work, but let's not exaggerate the achievements. They are essentially continuity agreements)

2/5
What about UK-Vietnam?

No text available yet. From the joint statement, it seems to be straight "continuity".

Includes the routine "stepping stone" to negotiating joining the CPTPP, a priority for the UK

But more interesting perhaps …

gov.uk/government/new…

3/5 Image
… More interesting: applying to be an ASEAN dialogue partner (Vietnam: 2020 ASEAN chair)

ASEAN has 10 of them: Australia, Canada, China, India, Japan, S.Korea, NZ, Russia, US, EU. Plus UN

Dialogues: often more political than trade, eg S.China Sea

gov.uk/government/new…

4/5 Image
The view official view from Vietnam via the government's Vietnam News Agency (VNA):

news.chinhphu.vn/Home/VN-UK-ann…

5/5 Image

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More from @CoppetainPU

Peter Ungphakorn Profile picture
13 Dec
How can the UK be ready for Australia terms, when those terms are not available to the UK @BorisJohnson?

With no deal, how will it get tariff quota access to the EU for lamb, beef, cheese? Australia does.

How will it get free trade deals with all its neighbours? Australia does. Image
The UK will be making trade more difficult with its main trading partners, Mr Johnson.

Australia has been making trade easier with its main trading partners. Image
"No deal" is worse than "Australia terms".

"Australia terms" are not available to the UK

tradebetablog.wordpress.com/2020/11/30/wor…
Read 4 tweets
Peter Ungphakorn Profile picture
12 Dec
Another informative piece by @tconnellyRTE, this time on the level playing field. Definitely recommended reading.

Some parts of it piqued my curiosity

1/7
rte.ie/news/brexit/20…
First, the theme is about the UK having to follow EU standard, implying the UK may want to have lower standards than the EU.

But Frost’s vision was of a nimble UK able to set its own standards. Wouldn’t this force the EU to follow?

rte.ie/news/brexit/20…

2/7
If not follow, then at least be constrained by the higher UK standard under a ratchet as in the EU’s March 2020 “ratchet” draft. Note the text refers to “party”/“parties” so applies to either side.

ec.europa.eu/info/sites/inf…

3/7
Read 7 tweets
Peter Ungphakorn Profile picture
11 Dec
COVID-19 in Switzerland 11.12.2020

After consulting cantons, the federal government confirms new strict measures from tomorrow to Jan 22

Everything closes at 7pm (1am Xmas and New Year eves) (11pm in cantons with R<1, lower infection, per 7 days)

swissinfo.ch/eng/swiss-gove…

1/8
Maximum gatherings still 10 people (not cut to 5).

“‘The number of cases is rising quickly and strongly,’ said Swiss President Simonetta Sommaruga. … Hospitals and medical staff are at their limit, she said.”

Govt complained some cantons too lax.

swissinfo.ch/eng/swiss-gove…

2/8
COVID-19 situation in Switzerland. Week ending 11.12.2020—new restrictions introduced until Jan 22

Per 100K population, total & last 2 weeks
● cases—4,324 & 621
● in hospital—175 & 18
● deaths—62 & 12

Federal public health office covid19.admin.ch/en/overview

3/8 Screenshot of box on lab-co...Screenshot of box on lab-co...Screenshot of box on lab-co...
Read 8 tweets
Peter Ungphakorn Profile picture
11 Dec
UPDATE: WTO members remained divided on this proposal in yesterday’s formal meeting of the intellectual property (“TRIPS”) council

The issue won’t go to a vote. Instead, the chair will deliver an “oral report” at this year’s final meeting of the General Council on Dec 16–17

1/4
No consensus ➡️ not passed

The chair’s report will say further discussions are needed

Note (1): This is not a split between developed and developing countries. Brazil, long an advocate for intellectual property flexibilities for health, is against



2/4
Note (2): a waiver would NOT OBLIGE any country to do anything.

It would simply ALLOW countries to suspend protection for copyright, industrial designs, patents and trade secrets, where related to COVID-19—IF THEY WANT TO.



3/4
Read 5 tweets
Peter Ungphakorn Profile picture
10 Dec
Twice on @BBCr4today, @DominicRaab calls “no deal” an Australia-style arrangement.

Perhaps the foreign secretary should look at Australia’s trading arrangements.

1. Australia’s priorities are in its region. It has free trade agreements with all its neighbours

1/9
Look how unimportant the EU is to Australia for trade in goods

The purple rectangle in the left square is the share of Australia’s goods exports that go to the whole of Europe, not just the EU

The right square is the UK’s goods export destinations.

Purple=Europe
Red=Asia

2/9
What about Australia’s goods imports versus the UK’s? Where do they come from?

Similar picture

Red = Asia. Purple = Europe.

Graphics and data: OECD
Australia: oec.world/en/profile/cou…
UK: oec.world/en/profile/cou…

3/9
Read 9 tweets
Peter Ungphakorn Profile picture
10 Dec
This was signed in Singapore. @trussliz now travelling to Hanoi to sign a continuity agreement with Vietnam

Congrats to @tradegovuk for securing these and for calling them “rollover” trade agreements

Digital to be negotiated

(Details in tweet 4/8 of this thread)

1/8
The joint ministerial statement: gov.uk/government/new…

Bear in mind almost all of Singapore’s applied tariffs are zero. wto.org/english/res_e/…

But UK consumers can continue to enjoy duty free imports of har gow and sambal ikan bilis via a tariff quota

2/8
Har gow and sambal ikan bilis. Still duty free from Singapore to the UK (for up to a combined 350 tonnes)

3/8
Read 8 tweets

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