Foxholer
Blackballed
I think you know SILH meant WTO Rules - which he did correctly use earlier in the post. Other his post seems, to me, to be quite valid - and, for those border-line businesses, quite scary. But that's 'business' imo. It's definitely something Government needs to provide clarity on asap!WTO tariffs? The WTO tariff database lists the tariffs each countries, or trading organisation(EU), applies. The WTO doesn't create tariffs. "These tariffs..." are these the WTO tariffs that don't exist?If we cannot strike a deal with the EU and have to trade with them under WTO rules, we cannot simply strike bilateral deals with the EU unless a target future framework agreement is in place and we have a plan agreed with the EU for working towards that.
That it now seems likely that we will not have a deal agreed, and we leave the transition period on 31st Dec without one, then this becomes important as our exports and imports to and from the EU will otherwise be faced with WTO tariffs. In the context of the state of the economy and business as it is today - that being a very different state than from last year when previously discussed - these tariffs could sink many business currently just keeping afloat.
We may not have a trade deal agreed by the end of the year but there may well be an agreed framework. Your point; "we cannot simply strike bilateral deals with the EU unless a target future framework agreement is in place." Please explain... I read that as waffle and gobbledygook - might even be twaddle. Surely everyone creates a framework(specification) for any deal?
Would you agree, sign, anything without a specification, a framework?
