On the 2nd of March 2018 Prime Minister Theresa May made another speech about Brexit and our future relationship with the European Union.
To be honest, there was little in the speech that was new or original, but there were a few sections we would like to highlight.
“Others have suggested we negotiate a free trade agreement similar to that which Canada has recently negotiated with the EU – or trade on World Trade Organisation terms.
But these options would mean a significant reduction in our access to each other’s markets compared to that which we currently enjoy. And this would mean customs and regulatory checks at the border that would damage the integrated supply chains that our industries depend on and be inconsistent with the commitments that both we and the EU have made in respect of Northern Ireland.”
On these points, Mrs May is correct. Neither a CETA or a WTO option Brexit would be good for the UK; as we discuss here.
Mrs May is also insisting that we leave the Single Market, despite admitting some of the problems that would cause:
“I want to be straight with people – because the reality is that we all need to face up to some hard facts.
We are leaving the single market. Life is going to be different. In certain ways, our access to each other’s markets will be less than it is now.”
This admission is markedly different from her comments in March 2017 in which she said that we would “trade freely into the European Single Market…the same benefits in terms of that free access to trade”
Controversial MP Marcus Fysh who once supported the Single Market and UK rejoining the European Free Trade Association (EFTA) has now renounced the idea in an article in the Telegraph (surprise, surprise).
His fellow MP, Antoinette Sandbach has replied to his Telegraph article with the below letter:
The disgraced former MPand former Foreign Secretary Sir Malcolm Rifkind has waded into the debate on Brexit. His comments have of course been welcomed by the Hard-Brexit fanzine Brexit Central:
Pro-EU former Foreign Secretary Malcolm Rifkind: Single market membership post-Brexit would be “particularly unacceptable”, accepting new laws that we are “unable to influence, much less veto” https://t.co/VrHACeprOF
The FTA approach would give the UK back more sovereignty (at least on paper) but would leave us a rule-taker in many ways, following rules and regulations ‘faxed’ from Brussels when trading with our largest trading partner (and many other countries which are emulating their rules willingly or unwillingly).
In addition, this approach would mean we would have to strike new deals with the EU and its member states about the rights of UK citizens to live, work, study and retire in the EU (and vice versa). Continue reading Into the Brexit minefield→
This week, Prime Minister Theresa Maywas asked on LBC whether if the EU referendum was ran again, would she vote to Remain or Leave, given that she originally voted to remain but is now leading a Government intent on leaving the European Union.
It's on the front page of almost all the newspapers – this is the clip from Theresa May's LBC interview that is making the headlines. pic.twitter.com/DvJbe9yS8F
Earlier today, a Brexit supporter who supports the UK rejoining EFTA (as we also do) proposed that the UK should try to gain access to EFTA’s trade deal portfolio (by rejoining EFTA and applying to take part in those deals) once the UK leaves the EU.
His proposal was rejected by anonymous American Tweeter Steve Analyst who was critical of EFTA’s trade deals. In this blog post we will examine these issues in some detail.