A free trade deal between the European Union and Australia has unravelled despite early optimism, with Canberra saying Monday it could take years until negotiations resume.

A free trade deal between the European Union and Australia has unravelled despite early optimism, with Canberra saying Monday it could take years until negotiations resume

  • @[email protected]OPEnglish
    11•11 months ago

    Celebrating the UK trade deal? The one that Eustice described as “not very good”?

        • Bernie EcclestonedEnglish
          -9•11 months ago

          Not really, they’re a lobbyist group.

          Please explain why an Australian farmer would bother selling beef for less than they can get for it in Asia?

          And from your link

          Overall, the value of the UK-Australia FTAs lies mostly in the geopolitical tilt towards the Asia-Pacific region and the CPTPP rather than in its economic value to the UK economy

          • @[email protected]OPEnglish
            6•11 months ago

            Which one? NFU or Lawsociety? Or both?

            Yeah, like I said, no real benefit to Britain, other than to show that the gov’t is capable to sign deals, thin as they are, to score some political points at home.

            • Bernie EcclestonedEnglish
              -4•11 months ago

              The NFU is an insurance company and lobbyist. The Law Society is just that, a professional association. Governed by royal charter, it has a duty to public interest. The NFU does not. It’s a lobby group for fat landowners.

              So, no real benefit, other than to high margin, high skill, professional services exports?

              • @[email protected]OPEnglish
                7•11 months ago

                They’re both lobby groups, don’t kid yourself.

                So, the benefits are the ones that Britain gave up with 27 countries in order to sign it with one on the other side of the world?

                If you throw away £1000 and then find £1, it’s that a benefit? I don’t see it that way.

                • Bernie EcclestonedEnglish
                  -3•11 months ago

                  I’m not kidding myself, they are very different businesses. The agribusiness lobby is a lot more harmful to the environment than the Law Society is. There are just more common law countries outside the EU for legal exports. That’s a fact, and an opportunity.

                  And no, we exited the political union, no reason that economic ties can’t be improved now the brexit ultras are soon to be gone.

                  Over 90% of UK companies didn’t export to the EU anyway while we were in it.

                  Plus:

                  https://sh.itjust.works/post/8190702

                  • @[email protected]OPEnglish
                    4•11 months ago

                    They are very different businesses, I agree, but don’t believe for a second that Law Society isn’t a lobby group.

                    What was stopping UK businesses from selling to companies outside the EU27 before? Were UK law professionals prevented from selling services to Australia before this deal? How?

                    I’m certain that the economic ties between the EU and the UK can be improved. I think it’s called “dynamic alignment” and as soon as the UK signs up to it a lot of barriers to trade will go away.

                    You’re also correct that the vast majority of UK companies didn’t export to the EU. It’s a bit weird phrasing it like that though, when over 40% of the UKs export goes there. And like you point out in the link you provided, supply chains are sensitive to disruption, which is why they’re worried about the rules of origin.