if Trump can succeed with the EU, it will be much easier to succeed with the UK. It's much easier to strike FTAs with less complex economies
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Do you know what an MRA is?
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I do. What's your point?
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So you know we have MRAs with those countries?
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And...?
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We won't have when we leave the EU. We will have to renegotiate.
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Why would it be so difficult to renegotiate? Do the existing standards suddenly change on the day Brexit occurs?
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There are 100s. In addditon to existing FTAs. How long and what happens in interim? This assumes we can make better deals of course.
End of conversation
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What's your timeframe for negotiations for all our new FTAs and what do exporters do in the meantime?
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There's no time frame for EU trade negotiations either. You don't need FTAs to export. They'll just target markets where they're competitive
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There doesn't need to be a timeframe for EU. We already have SM, 50+ FTAs and 100s MRAs. How long to replace and what happens in interim?
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The UK can and does still trade with the world. Lower external tariffs so imports become cheaper. Let the UK concentrate on its strengths.
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Yes. It does. All of it done via EU accords. Check. Why do you want to make trade harder?
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It is to the UK's benefit to be world competitive, not just SM competitive. The SM is getting less and less significant on the world stage.
End of conversation
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