South Korea trade deal (in principle)

[Danllan]

https://www.bbc.co.uk/news/business-48577667

As predicted, so no surprise really, it allows continuation of trade without a break and on the same terms as at present. Many more will follow and each one strengthens the UK's hand in future trade negotiations with the EU; those against 'No Deal' should rejoice with the rest of us because this and others will mean a good deal is more likely.

 

[Martin Holden]

Beat me to it. Clever move by the Koreans! They would love to make inroads into the auto market here if the EU makes life difficult for the usual suspects in Germany and France. I could see this coming miles away!

 

[Martin Holden]

https://www.bbc.co.uk/news/business-48577667

As predicted, so no surprise really, it allows continuation of trade without a break and on the same terms as at present. Many more will follow and each one strengthens the UK's hand in future trade negotiations with the EU; those against 'No Deal' should rejoice with the rest of us because this and others will mean a good deal is more likely.

I wonder when the penny will drop and folk realise that in negotiations you have “to tie the downside up” before you start. I also wonder how people would vote if they thought that a United States of Europe was the ultimate aim? I still believe each country needs its own independence save for trade and security. The world is changing rapidly and who knows what it will look like in a decade from now; and that’s in the short term only!

 

[Exfarmer]

Well that has sorted 1.6% of Britains exports
After 3 years it does not bode well for the other 98.4%

 

[Highland Mule]

Well that has sorted 1.6% of Britains exports
After 3 years it does not bode well for the other 98.4%

Haven’t we got a deal in principle with the Faroes too? Or is that included in your 1.6%?

 

[Ncap]

Well that has sorted 1.6% of Britains exports
After 3 years it does not bode well for the other 98.4%

How can you be so negative? We have to trust them, for they are our superiors - born to rule us. As Fatboy Johnson's and the other Toffs' alternative campaign leaflet says, Doff cap, Tug forelock and Vote Conservative

 

[rob1]

How can you be so negative? We have to trust them, for they are our superiors - born to rule us. As Fatboy Johnson's and the other Toffs' alternative campaign leaflet says, Doff cap, Tug forelock and Vote Conservative

would you have trusted blair/brown, cameron or may ? They all lied,

 

[Exfarmer]

Haven’t we got a deal in principle with the Faroes too? Or is that included in your 1.6%?

sorry , no I forgot the Faros. They are going to have a shock when they come back for another Defender, to replace the ones they bought 15 years ago!

 

[Roger Perry]

would you have trusted blair/brown, cameron or may ? They all lied,

Politicians..........telling lies..........no,no how can that be..........say it ain't so.!

 

[Muck Spreader]

South Korea reports it as an emergency deal to safeguard their exports to the UK in the event of a no deal.

 

[bobk]

South Korea reports it as an emergency deal to safeguard their exports to the UK in the event of a no deal.

The EU will be doing one as well on the 1st November

 

[ollie989898]

Beat me to it. Clever move by the Koreans! They would love to make inroads into the auto market here if the EU makes life difficult for the usual suspects in Germany and France. I could see this coming miles away!

The Koreans are already making a killing in the European car market.

 

[wanton dwarf]

Well that has sorted 1.6% of Britains exports
After 3 years it does not bode well for the other 98.4%

Pretty obvious that as WTO tariffs are applied and selective trade deals are done markets will re-orientate themselves.

EU trade will go down .. USA and Asia trade will go up .. their loss.

 

[bobk]

Pretty obvious that as WTO tariffs are applied and selective trade deals are done markets will re-orientate themselves.

EU trade will go down .. USA and Asia trade will go up .. their loss.

And the EU know it , hence them being awkward f**kers .

 

[rob1]

And the EU know it , hence them being awkward fudgeers .

Im sure eu companies are worried by any tariffs being appied but its the politicians that are to blame they have to try and make us suffer or their dream will crash, to me that sums up why we are right to leave, why would any government try and make another that is meant to be their friends and trading partner suffer

 

[bobk]

Im sure eu companies are worried by any tariffs being appied but its the politicians that are to blame they have to try and make us suffer or their dream will crash, to me that sums up why we are right to leave, why would any government try and make another that is meant to be their friends and trading partner suffer

Spot on

 

[ollie989898]

The 39 billion might also be a factor....

 

[ollie989898]

There was an interview on BBC news by a small business owner who pointed out no-deal would not matter to SMEs- small and medium enterprises since over 90 percent of them do not do any business abroad yet employ 65% of the workforce. He made the point that continued EU membership saddled SME with continued EU regulation but for no benefit unlike the big companies who do export.

Fudge em down the road.

 

[czechmate]

Small businesses?

 

[Muck Spreader]

There was an interview on BBC news by a small business owner who pointed out no-deal would not matter to SMEs- small and medium enterprises since over 90 percent of them do not do any business abroad yet employ 65% of the workforce. He made the point that continued EU membership saddled SME with continued EU regulation but for no benefit unlike the big companies who do export.

Fudge em down the road.

.

Try explaining that theory to the hundreds of small business that supply for example Ford at Bridgend, most of them probably don't export, but who they supply does. All business is connected somewhere along the line.