- cross-posted to:
- europeans@lemmy.world
- economy@lemmy.world
- cross-posted to:
- europeans@lemmy.world
- economy@lemmy.world
A free trade deal between the European Union and Australia has unravelled despite early optimism, with Canberra saying Monday it could take years until negotiations resume
I voted to get out of the CAP. Legal lobbying isn’t really of concern to me. Especially as the two legal systems are so different. Civil vs Common law.
The UK was unable to negotiate a trade deal with Australia while in the EU. Being part of the EU means sacrificing sovereignty in those matters. The EU trade deals are much more focused on goods than services. The UK is 80% services, so it’s a benefit to be able to negotiate trade deals that suit the UK.
That’s true. Trade deals that the EU signs have to benefit everybody or they won’t get approved by the members. That means that every single trade deal that the EU signed with the UK as a member had the UKs approval. But now that the UK can sign their own, they signed on that politicians agree “isn’t very good” (Eustice) or “one sided” (Sunak) and that UK experts are at best lukewarm about, so how does that benefit Britain?
What is it that the UK can do in Australia now, with this new trade deal, that was impossible before 2021?
On the other hand, the Australians seem happy, so at least there’s that.
Well it’s better than a failed trade deal isn’t it? Like the EU and Australia one…
All the UK trade deals have gone further on digital and services than the EU ones did. They are either better suited to the UK economy or are being agreed in preparation for CPTPP accession.
As for the deal:
https://commonslibrary.parliament.uk/research-briefings/cbp-9484/
All the things you bring up as benefits of the UK/Australia deal are things that the UK had as members of the EU. So, giving up that for a market that accounts for over 40% of your exports in order to be able to sign it with a market that accounts for around 2.5% isn’t really a smart move, is it?
As I said, over 90% of UK firms didn’t export to the EU. Over 75% of Brits emigrated outside the EU.
Not giving anything up if you don’t use it.
The CAP accounts for the largest share of the EU budget. I care that it has fucked the environment more than I give a shit about losing roaming data and pet passports.
Exports are at an all time high, a few shitty industries like beauty have lost some business. Who gives a shit about make-up! The planet is being destroyed.
Yes, for under 35s. Where people emigrate is obviously relevant… the majority didn’t use FOM. You can still spend 9 months in the EU every year…
The trade deal goes further on digital and services than the EU does. Same for Japan, Singapore and New Zealand… there is now a delta between before and after brexit, do you really not get this?
And no, Australian wine is better than French, but we’ve not changed any food standards that would allow hormone treated beef to be imported, and you still haven’t answered why Australia would sell at a lower price further away. Beef is £16 per kilo in Singapore versus £8 in the UK.