( A five to six-minute snapshot read of the Health of the UK) Britain is teetering on bankruptcy with …
On March 25, 2017, European leaders will mark the sixtieth anniversary of the signing of the Treaty of Rome, the EU’s founding document.
It will be a fraught celebration. So what deal can the UK expect from the negotiations?. Can it have a special relationship.
At the moment the most likely option for the UK is to be unable to forge a deal better than it had when it was a member. ( No Shangaan Agreement or the Euro.)
At the moment there is a lot of verbal in the media fueled by Politicians on both sides.
Here is some clarity.
Negotiations could lead to an orderly transition or a much more unpredictable process, buffeted by political pressure, volatile markets and the clash of national interests.
One way or the other. Britain will also have to renegotiate or reconform a web of EU-negotiated free trade deals with dozens of countries that anchor the UK in world commerce but are not automatically inherited if it leaves.
It means that the Uk Government would have to do three acts simultaneous: negotiate a new deal with Brussels, win a series of major bilateral trade deals around the world, and revise its own governance as EU law recedes.
EU-related law makes up at least a sixth of the UK statute book. That excludes 12,295 EU regulations with direct effect — hundreds of thousands of pages of law, on everything from bank and consumer rules to food standards, which cease to apply the moment Britain leaves.
Because Britain’s initial accession into the EU’s gives Brussels law supremacy over British law the UK will have to repeal the 1972 Act. So the negotiation would not just concern divorce, the technical parting of ways and the settling of old bills.
As a result it would also have to re-engineer the world’s biggest single market, setting new terms of access and legislating to “renationalise” volumes of law rooted in the EU.
The scrapping of EU law will result in an avalanche of new legislation in every corner of Whitehall.
On the EU side the UK will be negotiating with the commission, with 27 member states, with the European Parliament, national parliaments, with their electorates and each will have a veto over the conditions.
There are a lot of veto players here.
They’ll be herding cats to get these actors to agree.
It is quite obvious while leaving the EU is Britain’s choice, the UK cannot dictate the exit terms.
If the European Union is to survive it will not be in a position to offer the Uk a deal that encourages other nations to follow suit with referendums of their own – or demand tailor-made deals of their own. It would trigger a domino effect as the bloc without Britain becomes less attractive to liberal, rich northern states such as Denmark and the Netherlands, where demands are growing for copy-cat plebiscites.
It would seem more than reasonable to say that any agreement that bestows favours that are not enjoyed by all the remaining EU members will result in the breakup of the European Union as a whole.
If the UK was able to achieve full, free access to the EU market, whilst not having to pay into the EU coffers, and not allowing free movement of people, it does beg the question – exactly what do you get for European Union membership?
So without violating the sacrosanct EU principle that free movement of people is essential for countries that want to join its common market the EU conditions will be brutal to discourage other states from following suit.
The idea of an ongoing relationship with the EU is therefore not acceptable.
The truth is if the UK leaves the EU it is basically cut off the continent.
BRITAIN could be sued for millions by disgruntled EU states if it begins negotiating trade deals with other countries before leaving the European Union.
On top of all this any negotiations will have to be conducted with an UK government that has a leader with a mandate from the people not appointed by 300 odd conservative Mps.
“If the European Council or Parliament rejects the final agreement we’re back to square one.”
The UK will find itself in exactly the same position we started out from. Wanting to leave but with no agreement with the EU.
Extending any talks beyond two years requires unanimity.
The EU could offer Britain temporary curbs on immigration up to seven years in return for access to the single market. Britain would be expected to continue paying into the EU budget, although probably less than now, and would not have a say in single-market rules.
Predicting EU member countries’ reactions to any deal is premature.
If I was British I would stay and fight.