Thank you UK. I hope UK does a comprehensive review of all EU regulations have made it harder to do business in UK. Hope things like GDPR goes away too.
If you want to export/import out of the country then you're going to need to follow all EU guidelines anyway. So all the UK has done is remove itself from the decision making process of rules businesses still have to operate under.
> If you want to export/import out of the country then you're going to need to follow all EU guidelines anyway.
Nonsense, the EU is just one of many potential trade partners and it does business with plenty of exporters who aren't forced to operate under EU rules.
GDPR is, I hope, safe. Various politicians have said it's staying -- YMMV in how much score to place in that. It's reasonable, clear and ICO is one of the better regulators. It certainly doesn't make it harder to do business in the UK. Leaving the EU does that, as effectively as being on the receiving end of international sanctions.
It is a questionable cause, as low UK-EU business optimism will not result in international sanctions. It is generally considered good etiquette to have cited something credible in the first instance, before blithely demanding proof of others.
You're making the outlandish claim that 'leaving the EU is like having sanctions' - the burden is entirely on you to 'prove it'.
Since most nations 'outside the EU' like Norway, Switzerland, or even Canada, the US, Australia are not comparable to 'being sanctioned' I suggest you're going to have a hard time making your case.
We aren't being given even the prospect of a trading relationship like Canada, Switzerland or Norway as they would require flexibility on one or other of the UK's immovable points. That's been clearly shown for years now, ever since Michel Barnier put out his very simple slide showing the trading relationship options.
Both the USA and Australia already have trade deals with the EU. The UK does not, and will not for probably years. International negotiation isn't a simple weekend thing like the Tory party keep trying to persuade the ever-gullible UK electorate.
So that's potentially years with nothing. WTO rules. Effectively self-sanctioning to a position far worse than now, and placing a severe cap on potential. Businesses with sense, or heavy EU dependency will leave, in droves. I would expect Toyota and possibly BMW to be probable early exits.
We could, I suppose, get a miracle of a fast agreement, but 26 nations have power of veto, and GB's negotiating team has not shown anything resembling flexibility or any apparent clue how negotiating works.
Trading on WTO terms is not like 'having sanctions'.
The EU and UK will continue to trade on some kind of terms on most goods and services until a deal is worked out. It will take longer than one year, but the UK-imposed 'deadline' is highly rational, and good for both sides, because nothing ever happens on the 'difficult issues' until both sides are up against a wall and are forced to 'show their cards'.
The 'one-year' milestone people should understand not as the point wherein negotiations end, but rather when the hard negotiation begins.
They will keep the status quo until that wrestling match is done.
Heh. The UK is currently in the process of imposing absolutely massive trade barriers between itself and its largest overseas market. I think perhaps the last place you’d want to look for guidance would be that.
Bear in mind that the UK will still essentially have to comply with things like GDPR and other European regulation if it wishes to continue doing business in Europe - particularly in the services sector.
If you want to export/import out of the country then you're going to need to follow all EU guidelines anyway. So all the UK has done is remove itself from the decision making process of rules businesses still have to operate under.