Bernard Jenkin again, falsely telling #newsnight viewers Norway can't sign its own trade deals. Norway can, but after Friday's agreement we in fact can't. Best not tell him till later...
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Bernard, after Friday's agreement we will also be rule-takers whether formally in EEA or not (and in EEA there is consultation & there isn't automaticity). And how can we reconcile regulatory autonomy with full regulatory alignment pertaining to GFA & all-island economy?
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The disadvantage of course is the services side, which is the majority of the UK's economy. Anyone who implements this on the UK economy will have one hell of a hard time selling it when the electorate were told that they would be better off. Agree, it's not "taking back control"pic.twitter.com/w8lLAMPGuY
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If the Conservatives implement the above then they might as well just give the keys to the Marxist.
End of conversation
New conversation -
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1/ Norway takes about 25% of its regs directly from the EU. It negotiates with International Regulatory bodies such as Codex to influence regs (hosts the Fisheries Committees). EU (also repd on the committees) downloads most of those regs into ITS regs.
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2/ If we want to trade as you say we do, we will have to comply with EU AND International regs anyway. We will just have a lot less clout. That is also an issue with the Norway model, but not as bad as CETA.
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3/ We’ll really be in a regulatory sandwich then and without financial services that we REALLY did to begin to maintain even our current balance of trade. EU better than Norway. Norway MUCH better than CETA. CETA better than nothing, but not so much. WTO is third world trade.
End of conversation
New conversation -
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So stay in SM or take the Brextremist option of good bye services and hello hard irish border.
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