MercoPress. South Atlantic News Agency
WTO chief warns UK would have to renegotiate membership if Brexit wins
Britain would face grueling negotiations to set the terms of its World Trade Organization membership if it decided to leave the European Union, the group's chief warned in Thursday's Financial Times. Read full article
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Disclaimer & comment rulesDear Little Britain pirates, privateers, picaroons, pilferers, plunderers, pillagers and other good folks...
May 26th, 2016 - 06:47 am - Link - Report abuse 0Don't listen to them dagos...
VOTE FREEDOOM...
:-)))
Is it me or is England being told on every corner street and by everyone from the EU (Germany, France, Italy, Spain, Netherlands), the UN, United States, China, ASEAN, India,... to the WTO, IMF, and even Scotland and Northern Ireland, that if they leave the EU they can basically stuff themselves where the moon don't shine?
May 26th, 2016 - 09:05 am - Link - Report abuse 0I thought England (UK), was loved by everyone and not only that, the world needed them more than they needed the world? Isn't that the daily narrative here and everywhere else Britto posters frequent?
Why then does the evidence and news cycle indicate the exact opposite? Basically, they are being told they will have to start from ZERO and probably get less favorable terms in world agreements than superpowers like Latvia, Tunisia, Cambodia, Guatemala, and Fiji enjoy today?
Hahahaha, please leave as the above says. It is for everyone's best. (wink)
More false scares. The establishment doesn't want to disturb the cosy deals in place. Existing treaties would continue.
May 26th, 2016 - 09:09 am - Link - Report abuse 0WTO chief warns UK
May 26th, 2016 - 10:05 am - Link - Report abuse 0Another Cameron brain dead twat,
its a fact that the British have to sit outside when the unmighty EU goes into the WTO,
that's what the EU has done to us, seen but not heard,
we will trade as we have always traded and no one will stop that.
so Roberto Azevedo go sit in the corner with the rest or the remainians.
#2
May 26th, 2016 - 10:13 am - Link - Report abuse 0I see you are posting at 05:00 from Argentina ?
Oh dear, it looks bad for us. Airbus will have to close down as their aircraft wings are designed and made in the UK. No spare parts for RR. aero engines will be available to anyone outside the UK, so many airlines will go bust. Brasil's Gripen fighter order will go tits up as many British components are installed and we will not be able to “export” them. No life saving pharmaceutical products will be available for export. China will not want to sell us anything .
The list goes on.
Nobody will want to sell us anything - no cars from Germany, no wine or farm produce from France or Spain.
We would not be able to afford our holidays in Spain which would cause mass unemployment on the Costas etc,etc.
Yes, I can see the problem ! Every other country will shout hooray -the nasty Brits have gone. Everything in world trade will be fine.....or will it?
Nothing to do with ARGENTINA anyway. You are lower down the scale than Latvia, Tunisia, Cambodia, Guatemala, so you don't even register.
@5 - Clyde15 - precisely.
May 26th, 2016 - 11:00 am - Link - Report abuse 0So the WTO et al are going to put a stop to the world's fifth largest economy from trading with the rest of the world - that's such a ridiculous scenario that I would suspect 'think/voice' of inventing it.
It seems to me that all these people screaming 'armageddon' don't actually give a toss one way or the other about the UK leaving the EU they are more concerned about their own little gravy trains
I remember them all saying the same thing about the UK not joining the Eurozone. 'Nobody will trade with the UK, there will be no foreign investment into the UK, the pound will only be worth three cents, nobody in the UK will be able to afford to go on holiday, houses will be worth nothing, the polar ice caps will melt, Mars will collide with the Earth, Bill Gates will cry, no UK teams will be allowed in the European Cup etc. etc. and what actually happened....nothing. In fact mostly the opposite - particularly with regards to foreign investment into the UK.
All this fear mongering is just that, fear mongering. So many other nations have become members of the WTO without being part of a supranational union; why should it be difficult for Britain? Of course it will not be; these globalists are just fearful of national sovereignty, and even if they do kick up a stink, so what? Good riddance.
May 26th, 2016 - 11:54 am - Link - Report abuse 0Dear oh dear. Yet another scare story made up of complete rubbish that flies in the face of the facts.
May 26th, 2016 - 12:20 pm - Link - Report abuse 01. Britain's WTO seat is used under agency by the EU, yes. However, Britain is a signatory in it's own right and trades outside of the EU under that right. Renegotiation is not necessary to continue that.
2. China accesses the EU single market via WTO rules. It is not an EU member
3. USA accesses the EU single market via WTO rules. It is not an EU member
4. The majority of countries outside the EU do not have a trade deal and access the single market under WTO rules.
5. Under WTO rules, should the EU or WTO try to block UK trade, as a signatory, the UK has the option to challenge this in that place Argentina like to avoid - the ICJ. There is a precedent for this. When Norway voted not to join in the early 1990's, the EU threatened to put up barriers. Norway threatened a trip to the ICJ and the EU backed down.
6. None of the Remainiacs have actually shown they have considered what the EU member states themselves would really do. Should the EU play with increased tariffs, the first ones hammering on the door when the UK replied in kind would be German exporters. BMW sold over 200k cars in the UK last year, Audi and Mercedes not far behind. They're big companies but could they really afford the loss of a market as big as the UK? The buys more than it sells to the EU to the tune of around £70billion and increasing. Spite may be a good idea in Brussels, but it's frowned upon in Munich.
7. All of this was thrown at Norway before their referendum to join the EU in the 90's. The same fears, doom & gloom. They voted not to join and are now one of the richest (per capita) countries on earth. We also heard the same in the UK about not joining the euro... low how that turned out ;o)
The EU is a big corporatist racket for the elites to feather their nests & see their gravy train being upset. They get rich at our expense and freedom. I'm out.
Although some opinion polls have it neck and neck, this probably equates to 55 to 45 in favour of Remain on the day assuming a reasonable turnout. This raises the intriguing possibilty that agnostics would be better voting leave just to make it as close as possible. A big win for Remain WOULD be disastrous as it would be taken as permission for an EU-superstate so even if one is relatively sanguine about staying in it would better for Remain to win by no more than 1 or 2%.
May 26th, 2016 - 07:06 pm - Link - Report abuse 0The deciding factor will be turnout, a low turnout and Leave really could win.
9: But a Divided Nation won't be a good thing.
May 26th, 2016 - 09:28 pm - Link - Report abuse 010
May 26th, 2016 - 10:45 pm - Link - Report abuse 0Won't be a bad thing either...
When you consider that most nations are divided...
Half of them vote for one party and the rest another party....
11) It's not a generalisation.
May 27th, 2016 - 12:28 pm - Link - Report abuse 0Half of them vote for one party and the rest another party,
May 27th, 2016 - 06:43 pm - Link - Report abuse 0and there is always someone who ruin the dam party.
still,
out is what we need.
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