SwingsitlikeHogan
Major Champion
A question; with all this can leave without a deal by running the clock down, can the Cabinet decide not to run the clock down and just decide to leave tomorrow? As there looks like there's going to be some watershed discussions at the G7 meeting at the end of the month, and some political journo's saying if there's no movement by then its a definite out, why not mid Sept?
Equally, providing there is a clear intent to create an agreement, WTO has the the mechanism to allow an agreement in principle/transition if both parties agree in good faith. Leave can happen at the end of Oct without an agreed deal but at least the principle in place... a gentler let down than an abrupt No Deal leave.
Sounds plausible and would be very desirable. Though I think that if this is in respect of falling back on GATT Article 24 (not too much heard about that these days from it's previous proponents) the fly in your ointment may be that there has to be more than intent in respect of reaching an agreement for Article 24 to apply - there actually has to be a framework agreement, plus a plan and a timescale agreed with the EU for reaching any such agreement.
Para 7(b) of the Article quoted below (which refers to that paragraph so beloved of Johnson, Rees-Mogg and co) explains why that is necessary. Note also that this states that the UK and the EU must take on board what the rest of the WTO recommend - the UK and the EU are bound by the WTO rules in respect of what they can do.
If, after having studied the plan and schedule included in an interim agreement referred to in paragraph 5 in consultation with the parties to that agreement and taking due account of the information made available in accordance with the provisions of subparagraph (a), the CONTRACTING PARTIES find that such agreement is not likely to result in the formation of a customs union or of a free-trade area within the period contemplated by the parties to the agreement or that such period is not a reasonable one, the CONTRACTING PARTIES shall make recommendations to the parties to the agreement. The parties shall not maintain or put into force, as the case may be, such agreement if they are not prepared to modify it in accordance with these recommendations.
https://www.wto.org/english/tratop_e/region_e/region_art24_e.htm
But hey - who knows what will happen on 1st November. It won't be Armageddon as the EU won't allow it to be - to protect their member countries and businesses - but whatever they do to mitigate risks and issues on 1st Nov, and the weeks and months following, it will be under their control.
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