Friday 8 December 2017

Brexit: May Capitulates.

It seems that we are getting Brexit lite: out of the EU, paying the EU, subject to EU rules (regulatory convergence) but not actually in the EU to make those laws.

It's the worst of all worlds.

Not yet negotiated, but I suspect this will be the sticking point of the next phase:

If we have regulatory convergence, then we must abide by EU trade deals surely? i.e. we won't be able to go out and negotiate our own trade deals as was the plan to bring prosperity and cheap imports after Brexit.

For instance, if we keep the same regulatory framework, we can't import non CE-approved equipment from China. Because our border is effectively the EU border. We have to keep up the same standards. It would be impossible to have an open border on one side and be importing goods that comply to a different standard than in the rest of the EU on the other side. Because those non EU standard goods will be able to slip over the border into Europe unopposed.

So as far as I can see it, the version of Brexit we're getting has all the red tape and expense and non of the benefits of free trade.

I look forward to Jacob Rees-Mogg demolishing this agreement.

I'd email my MP to insist on a firm Brexit with no deal, but he's Alan Mak, a remainer. A remainer in a majority Leave constituency. A remainer who I'm sure will be happy to be effectively staying in the EU.

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