Goods and services are obviously two key pillars of a comprehensive FTA. B B there is also have investment, various areas of regulatory cooperation, mutual recognition, IP, government procurement, all the LPF including labour and environmental provisions, SME issues etc. /2
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Would a quick goods-only deal cover any of these? Unlikely. A pure goods only deal will be far from comprehensive and as such is a new even harder version of Brexit. /3
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Which is fine if that is what Johnson wants to go for but not sure it's clear for everyone that this is what his quick deal might end up being. A Canada style FTA would already be a big departure from what we have now. A goods-only FTA would obviously go beyond that. /4
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Just to give an example, a goods only FTAs without any other provisions offer far less economic benefits than a comprehensive FTA - so much so that no one really signs them anymore. Even developing countries slap on some other provisions /5
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Even with goods sales, the services component that accompanies them is what makes them saleable and also enhance the profits.
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Yes absolutely agree.
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Would a goods only skinny FTA be one the Commission can sign off on or would it still require approval of member states and European Parliament due to mixed competences?
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Yes but with some exceptions so would a comprehensive one.
- Još 1 odgovor
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Services would be what %age of GDP / Exports?
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About 40% of exports, I think.
- Još 3 druga odgovora
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Čini se da učitavanje traje već neko vrijeme.
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