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Old 29-06-2016, 19:30   #769
ntluser
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Re: Post-Brexit Thread

Quote:
Originally Posted by Damien View Post
Well yes, hence the problem.

To me it seems there are two options on the table now no matter what Boris is saying to win the leadership:
  1. EEA - We sign up to the four freedoms, essentially single market member but with free movement. Least disruptive to the economy.
  2. Trade deal - No single market access, no free movement but this option will be the worst economically

The fantasy of having the single market without migration has to be cast aside now. The new Tory leader is going to have to choose what he or she wants to deliver on. Do they want to risk hurting the economy or do they want to break the promise on migration?

Both options though allow them to say they've freed the UK from the ECJ.
We could as Big Brian says do private deals with those European countries that still want to deal with us but I'm guessing that most of Europe is either in the EU or in the EEA.

I suppose we might be able to do deals with countries like Switzerland and others in a similar state but would the deals be global deals covering all products or will we have to do several trade deals with each country for specific products. Germany may do a car deal with us so it can sell their cars to us and we can sell ours to them, but the deal might just be limited to cars.

The EU will no doubt have worked out that we could access the single market indirectly by simply making deals with individual countries in the EU and have probably come up with a strategy to block that.

Ordinary shoppers may still be able to access European products through agencies like Amazon who are based in the EU and who sell to the world.

There's also the issue of bank passporting which allows our banks to operate in Europe...or not!!

It's all very much in the air at the moment.
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