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UK offered Brexit free trade deal with Australia |
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#1 |
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Join Date: Nov 2014
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UK offered Brexit free trade deal with Australia
'Australia has called for a free trade deal with Britain following its exit from the European Union.
Theresa May described the move as "very encouraging" and insisted it showed Brexit could work for Britain. In a phone call to the new PM, her Australian counterpart Malcolm Turnbull said he urgently wanted to open up trading between the two countries. Liam Fox, the new international trade secretary, said he was already "scoping about a dozen free trade deals".' http://www.bbc.co.uk/news/uk-politics-36818055 |
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#2 |
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Join Date: Aug 2010
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Amazing really. I think the exit from the EU is going better then most envisaged it going.
People queuing up to do deals with us, and probably a lot more that haven't been reported yet doing informal talks behind the scenes. Project Fear? do one !! it is only the small minority who are still spouting negative nonsense about Brexit.. |
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#3 |
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Inactive Member
Join Date: Jan 2008
Posts: 2,229
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Quote:
Amazing really. I think the exit from the EU is going better then most envisaged it going.
People queuing up to do deals with us, and probably a lot more that haven't been reported yet doing informal talks behind the scenes. Project Fear? do one !! it is only the small minority who are still spouting negative nonsense about Brexit.. |
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#4 |
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Join Date: Apr 2010
Location: On the beach
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I see that Canada is now getting rather concerned that their Free Trade Deal with the EU will not include the UK and have suggested that it will apply to the UK even if we leave the EU - not sure how that will go down with the EU..
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#5 |
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Join Date: Aug 2010
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Quote:
I see that Canada is now getting rather concerned that their Free Trade Deal with the EU will not include the UK and have suggested that it will apply to the UK even if we leave the EU - not sure how that will go down with the EU..
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#6 |
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Join Date: Jul 2005
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Hold on ....... Does this mean the sky isn't falling ?
What's plan B for remainers to moan about ? |
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#7 |
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Join Date: Oct 2014
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The Australian High Commissioner was just on the Sunday Politics
Said some very positive things Interestingly (to me anyway), it only took 15 months for Australia and the USA to negotiate a free trade deal. He said this was because of the will of the Governments to get it done as quickly as possible |
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#8 |
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Join Date: Jun 2006
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Quote:
I see that Canada is now getting rather concerned that their Free Trade Deal with the EU will not include the UK and have suggested that it will apply to the UK even if we leave the EU - not sure how that will go down with the EU..
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#9 |
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Join Date: Jan 2014
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This is great news, especially for Neighbours and Home and Away fans because if this leads to free movement the possibilities are endless. We already trade tv shows so might aswell add a few more.
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#10 |
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Join Date: Nov 2007
Location: Kent
Posts: 3,055
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Quote:
The Australian High Commissioner was just on the Sunday Politics
Said some very positive things Interestingly (to me anyway), it only took 15 months for Australia and the USA to negotiate a free trade deal. He said this was because of the will of the Governments to get it done as quickly as possible We should be able to do many such deals on a one to one basis in a relatively short time frame because both sides will want a quick deal. |
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#11 |
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Join Date: Jun 2014
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Of course Australia wants to do a deal with us as we are one of its biggest export markets.
By way of contrast, it isn't that important to us. We do more trade with Poland, so having to pay tariffs on exports to Poland alone, never mind the rest of the EU & EEA, will cost us far more than any savings we make on not having to pay them on exports to Australia. |
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#12 |
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Join Date: Mar 2015
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Of course Australia wants to do a deal with us as we are one of its biggest export markets.
By way of contrast, it isn't that important to us. We do more trade with Poland, so having to pay tariffs on exports to Poland alone, never mind the rest of the EU & EEA, will cost us far more than any savings we make on not having to pay them on exports to Australia. Australia is the UK’s 12th biggest export market. The UK’s total goods and services exports to Australia were almost £10 billion in 2013, Top 10 UK exports to Australia (2014): road vehicles medicines and pharmaceuticals general industrial machinery specialised machinery professional and scientific instruments and apparatus power generating machinery and equipment electrical machinery and appliances beverages apparel and clothing accessories metal manufactures https://www.gov.uk/government/public...g-to-australia Poland is the 19th largest export market for the UK with exports worth £3.83 billion in.2013 Main UK exports to Poland include: electromechanical products chemicals mechanical devices https://www.gov.uk/government/public...d-export-guide |
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#13 |
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Join Date: Oct 2011
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Quote:
'Australia has called for a free trade deal with Britain following its exit from the European Union.
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#14 |
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Join Date: Jan 2014
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This Australian also has the right idea on immigration
https://www.facebook.com/uniladmag/v...type=2&theater |
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#15 |
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Join Date: Nov 2007
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Quote:
Of course Australia wants to do a deal with us as we are one of its biggest export markets.
By way of contrast, it isn't that important to us. We do more trade with Poland, so having to pay tariffs on exports to Poland alone, never mind the rest of the EU & EEA, will cost us far more than any savings we make on not having to pay them on exports to Australia. Exports to Poland in 2015 £3.6bn Exports to Australia in 2015 £3.8bn |
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#16 |
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Join Date: Jan 2014
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Quote:
'Australia has called for a free trade deal with Britain following its exit from the European Union.
Theresa May described the move as "very encouraging" and insisted it showed Brexit could work for Britain. In a phone call to the new PM, her Australian counterpart Malcolm Turnbull said he urgently wanted to open up trading between the two countries. Liam Fox, the new international trade secretary, said he was already "scoping about a dozen free trade deals".' http://www.bbc.co.uk/news/uk-politics-36818055 |
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#17 |
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Join Date: Jun 2006
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It's already happening in preparation for when we officially leave.
https://www.gov.uk/government/news/j...and-investment |
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#18 |
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Join Date: Jun 2014
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Quote:
If that is true the UK government should really get round to updating their doing business in webpages.
Australia is the UK’s 12th biggest export market. The UK’s total goods and services exports to Australia were almost £10 billion in 2013, Top 10 UK exports to Australia (2014): road vehicles medicines and pharmaceuticals general industrial machinery specialised machinery professional and scientific instruments and apparatus power generating machinery and equipment electrical machinery and appliances beverages apparel and clothing accessories metal manufactures https://www.gov.uk/government/public...g-to-australia Poland is the 19th largest export market for the UK with exports worth £3.83 billion in.2013 Main UK exports to Poland include: electromechanical products chemicals mechanical devices https://www.gov.uk/government/public...d-export-guide As can be seen here: https://www.uktradeinfo.com/Statisti.../ctys_1610.xls Australia is at #21, Poland at #18. Hence a trade deal with Australia is no substitute for a trade deal with Poland, never mind the rest of the EU & EEA. Betting our economy on Australia would be as stupid as betting our economy on Poland - anyone suggesting we do the latter would be ridiculed, so the idea we should bet it on Australia is equally ridiculous. |
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#19 |
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Join Date: Jun 2014
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Quote:
That's not exactly true
Exports to Poland in 2015 £3.6bn Exports to Australia in 2015 £3.8bn And the point of my post is that a deal with Australia would be comparable to a deal with Poland in terms of size. An Australia deal (or a Polish one) just isn't a substitute for our current trade arrangements that have as a member of the EU and EEA. It is akin to saying that as both a Premiership team and the local Under 8 Girls' team play football, we'll enjoy the same standard of play at matches if we replace watching the former with the latter.
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#20 |
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Join Date: May 2011
Posts: 18,881
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Quote:
See above link.
And the point of my post is that a deal with Australia would be comparable to a deal with Poland in terms of size. An Australia deal (or a Polish one) just isn't a substitute for our current trade arrangements that have as a member of the EU and EEA. It is akin to saying that as both a Premiership team and the local Under 8 Girls' team play football, we'll enjoy the same standard of play at matches if we replace watching the former with the latter. ![]() |
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#21 |
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Join Date: Nov 2007
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Quote:
See above link.
And the point of my post is that a deal with Australia would be comparable to a deal with Poland in terms of size. An Australia deal (or a Polish one) just isn't a substitute for our current trade arrangements that have as a member of the EU and EEA. It is akin to saying that as both a Premiership team and the local Under 8 Girls' team play football, we'll enjoy the same standard of play at matches if we replace watching the former with the latter. ![]() |
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#22 |
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Join Date: Oct 2013
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Liam Fox signs trade deal with Canada which locks in the privatisation of public services and will permit corporations across the North America to sue European governments in a private justice system.
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#23 |
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Join Date: Jun 2014
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You may all be losing sight of how much Poland exports to Britain. Don't want our Polish population suffering a price hike in their dinners if there's a tit-for-tat import duty.
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#24 |
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For the record.... The population of Australia: 23 million The population of the EU (minus the UK): 444 million So tell me, which is the more important market, both in terms of current value and future potential? Quote:
This is great news, especially for Neighbours and Home and Away fans because if this leads to free movement the possibilities are endless.
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#25 |
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Join Date: Nov 2007
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Quote:
For the record....
The population of Australia: 23 million The population of the EU (minus the UK): 444 million So tell me, which is the more important market, both in terms of current value and future potential? So the idea of free movement is desirable when it involves non-European countries but a major, almost existential problem when it comes to other European nations? |
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