For the last 5 years I have tried to convey how shocked I was and what it would devastatingly mean to leave the EU (SM&CU) after nearly 5 decades part of it & its expansion.
Maybe the best way is to say both customs free internal markets will turn in on themselves much more.
However the EU customs free internal market (inc NI) is much bigger than the GB (UK minus NI) customs free internal market.
Guess which of the two is going to be much more internally self sufficient
& which one will continue to need the other more ?..
Only now, to UK's further detriment, the continental (& Irish) purchases for GB consumers will be (customs & regulatory) more expensive; rarer; more limited in choice & with longer delivery schedules.
I'd suggest EU holidays will be pretty much (back to the early 1970s) same ๐Ÿ™„
If Scotland (or Wales) leaves its greater union internal market
(unlike UK leaving its greater union vast internal market)
it does have the option of joining a nearby *bigger* greater union internal market !!!
& with more parity to others in it ๐Ÿ˜‰

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Michael M. ๐Ÿ‡จ๐Ÿ‡ญ๐Ÿ‡ณ๐Ÿ‡ด๐Ÿ‡ฎ๐Ÿ‡ธ๐Ÿ‡ฑ๐Ÿ‡ฎ๐Ÿ‡ฌ๐Ÿ‡ง Profile picture

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More from @vivamjm

11 Apr
Without Covid-19 this would be all over the newspapersโ€ Mr Lord says, adding that he feels the โ€œmedia is so dishonest in telling the story, in not reporting that violence in Ireland is also down to Brexit.โ€ Mr Lords fears that โ€œthis is just the beginning and costs will go up.
This is incredibly inflationary, with Brexit-related price increases in shipping, transport, etc., it is not hitting yet.โ€
He adds that another problem for many businesses will be the end of mixed loads and multiple drops as there is no more groupage
UK shippers can no longer do multiple drops in the EU under rules for third countries).
Meanwhile, Aztec Oils โ€œhave had to now employ two extra people just to handle the administrative burden being placed upon us and are struggling to get to grips with the government NES
Read 9 tweets
11 Apr
All adding to make GB the new (trading model at least) DDR of Europe...
Worse than back to the early 1970s UK..
at least back then all other major Western European economies faced each other's customs & regulatory intra-European trade barriers!!

Belarussian Brexit ๐Ÿ™„
Read 4 tweets
9 Apr
The saga continues

โ€œItโ€™s a *just-in-time industry*; you canโ€™t send mussels on long journeys and you cannot airfreight the volumes we deal with, which is why we had to depurate them in the Netherlands, closer to final market.โ€
Last week, Mr Eustice suggested to a select committee meeting of MPs that the EC was to blame, claiming it had changed its rules in February in a โ€œmanner than basically ends the tradeโ€.
However, documents provided by Defra appeared to show this was not the case,
the department confirming to UK businesses in December that exports of Class B LBMs were prohibited by EU law. But Defraโ€™s head of aquatic animal health policy, Birgit Oidtmann, said in 2019 that, under a no-deal โ€œUK mussel producers will still be able to export
Read 6 tweets
9 Apr
1/ countries have market standardsย 2/ countries may open their market to outsiders but they must meet their standards. This requires border controls as outsiders are outside the reach of the importing country's authority.This requires a lot of experienced staff and infrastructure
inspection holding sheds etc to ensure compliance before releasing onto the market.
3/ countries that do this will also encourage or discourage their businesses buying from outsiders by applying taxes on what they bring into the country.
If a member of the WTO there'll be a limit as to how much they can discourage with a members' agreed ceiling on the tax. This to prevent the trade wars of history. Tax (tariff) can be zero if the full origins of the goods can be proven to be from the country the agreement is with
Read 11 tweets
8 Apr
The dearth of tonnage of all sizes means there are virtually *no container vessels open in Europe at the moment* so should the backlog of Suez-delayed cargo hitting Europe from this weekend not be discharged at nominated ports, the scarcity of feeder vessels available to assist
the relay operation could mean significant delays for shippers.
The only factor preventing charter rates from going even higher โ€“ for example the New ConTex index is up 170% year on year โ€“ is that there are hardly any vessels to broker.
One shipbroker source told The Loadstar this week he was confident he could achieve โ€œwell overโ€ $40,000 a day for 4,000 teu panamax.โ€œThe skyโ€™s the limit, if we get a sniff of an open panamax,โ€ he said. These rates a far cry from sub-economic $5,000 per day lows of a few years ago
Read 4 tweets
5 Apr
From a friend "Its not just general Antiques. Its anything 2nd hand. The Vinyl record fairs are in same boat. Utrecht fair would attract 40,000 visitors. With 1000 dealers. Many from UK. Imagine having a van with 10,000 records onboad going to the Netherlands, totally impossible"
Read 4 tweets

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