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Prikvačeni tweet
I wrote a thing to commemorate Brexit Phase 1, discuss where I see things going from here, and my feelings on being an accidental expert. It's a personal piece so don't worry it's not educational. I hope you like it.https://www.explaintrade.com/articles/2020/2/1/brexit-phase-one-predictions-and-reflections-from-an-accidental-pundit …
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"Why are the EU asking us to commit to more then they are willing to do themselves?" moan people who are really going to enjoy meeting the United States Trade Representative.https://twitter.com/DmitryOpines/status/1224609538260832258 …
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In before: "BuT tHE gOoDs DEfiCiT?!" The things they sell to you aren't in the places where you can/will have tariffs, and you are a smaller export share of their economy than they are of yours.
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Because you want tariff free access to their market more than they want tariff free access to your market, and that's the condition they set.
https://twitter.com/rcolvile/status/1224297678399590401 …Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
At the WTO Members are seated alphabetically, except for the EU Members which have their own long table. In practice this means the UK flag has just moved from sitting next to 27 Europeans and the Commission to sitting beside the US. Make of that what you like.
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Worth noting EU mandate is not to ask UK to keep ban on chlorinated chicken. Their new negotiating objectives want to ensure an FTA protects the EU's right to keep banning chlorinated chicken, hormone beef (that's the precautionary principle bit) but EU won't ask UK to. https://twitter.com/faisalislam/status/1224290674775928832 …pic.twitter.com/8BRttUQ3Hp
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Chris Grey thinks my piece is interesting, so you're all obliged to read it. I'm sorry, I don't make the rules.https://twitter.com/chrisgreybrexit/status/1224391500496326656 …
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Next time the EU publishes a big trade document I'm going to stream myself reading it live on Twitch. I hope people enjoy watching a grown man go, "Huh, well would you look at that?" 943 times in four hours.
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<exhausted collapse> Ok, so that's what leapt out at me on a first pass. I'm sure others picked up different things and as always read the replies to individual tweets because subject matter experts probably corrected me or added more detail. Is it Thursday yet? /endpic.twitter.com/5XN2aaoI7s
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Governance (Tweet 3) EU wants a "break glass in case of emergency" option that lets the parties shut down parts of the agreement (withdraw concessions) and for example, apply tariffs, in clearly defined emergencies. The other party would be allowed to "rebalance" (retaliate).pic.twitter.com/cmkD8xuOo9
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Governance (Tweet 2) The CJEU (those rascals) can still rule on cases but only if the independent arbitration panel decides that the matter concerns EU law and refers it to them.pic.twitter.com/GknoXB7jKJ
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Governance (Tweet 1) EU wants a governance body that tries to resolve things by consent. However, they also want a BINDING independent international arbitration panel (not the ECJ) that body can refer things to, either by consensus or just if one side are being jerks.pic.twitter.com/b4EZ8mUz95
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As we tried to tell you guys, ya'll are going to be negotiating with the EU on various things until Ragnarok. May as well get comfortable.pic.twitter.com/roebyuHqn0
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In a completely out of character move, the EU wants to create a formalized system, complete with its own dispute resolution. Perhaps somewhat aggressively, it also wants to retain the ability to shut down parts of the deal unilaterally if it feels cheated.pic.twitter.com/sBKWr9DfOb
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<Skipping Security and Defense because I have no idea what I'm talking about in those areas and don't want to mislead readers. Gonna go to Governance next. >
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LPF (Tweet 6) Climate Change - Commit to Paris Targets - Maintain a carbon price at least as effective as the EU's existing one Interestingly, doesn't seem to require the UK to keep pace with any not-currently agreed EU carbon price. Could have been tougher.pic.twitter.com/Hf1fjE7WFH
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LPF (Tweet 5) Environment Also seems like a non-regression clause, albeit the EU wants the inclusion of specific targets where these currently apply and where relevant. Not familiar enough with this stuff to know what they're referring to but maybe someone in the replies...pic.twitter.com/An5oPP6eu9
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LPF (Tweet 4) Labour Protection. Paragraph 97 is your standard FTA clause requiring countries actually enforce their own labour laws. Paragraph 96 is a non-regression clause. No dismantling worker rights below where they're at now.pic.twitter.com/7JDC02DI4s
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LPF (Tweet 3) Oof. Can't make it any clearer than that. The European Union's mandate on state aid (subsidies) is that EU rules should apply in the UK. Not equivalent rules. Not non-regression. EU rules. Them's fightin' words.pic.twitter.com/W5Z6PSi6C2
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LPF (Tweet 2) This reads to me like non-regression in most LPF areas, with a robust dispute settlement mechanism and the ability for the EU to impose retaliatory duties unilaterally if they think the UK is breaking its promises.pic.twitter.com/7svgYAPjMI
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Level Playing Field (Tweet 1). I'm not saying the Commission is emotional about this one, but it's literally the only part I can find in the text where they have bolded stuff inside the paragraphs.pic.twitter.com/OJqmjIUo3v
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