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Aug 9 2018 02:19pm
Michel Barnier is facing internal pressure from the EU to soften his hardline stance

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Officials in Downing Street will enjoy a rare feeling of relief over the news today that European leaders are preparing to break away from Monsieur Barnier's unyielding line to propose at their summit next month what they see as a sensible compromise. Their desired deal would allow Britain to remain in the single market for goods while opting out of the bloc's free movement rules, despite the Frenchman making out they would have to be part of the package.


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However, European leaders would not want Britain to benefit overall by leaving their club, so the price they want it to pay is becoming clear. The White Paper fleshing out the plan Mrs May agreed at Chequers "almost gets to Jersey", the Centre for European Reform's trade wonk Sam Lowe tells me, but she would be expected to "accept that potential future divergence is not on the table" over goods.


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Although Liam Fox might not be able to agree to import things like American chicken in this scenario, he could still strike trade deals that affect services, the lion's share of the British economy, which would give him enough of a job to justify remaining in cabinet.


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The 'Facilitated Customs Arrangement' envisaged by Mrs May to save Britain from having to be in a customs union with Brussels has been pilloried widely in Westminster. She will hope that European leaders are kinder about it than Michel Barnier has been, but that looks unlikely. They would want her to "give up on the idea of a facilitated customs partnership - at least in practice - and accept the UK would be in a customs union", the CER's Sam Lowe thinks.

Her arrangement is deliberately different to a customs union, in that it allows the UK to run its own tariff regime at the border in future when systems are in place. That distinction will come under major pressure in the coming months.


As I predicted, it looks as though we will be wed to the EU on trade of goods, which only comprise 20% of our economy, and be able to strike free trade deals on services. This is all while having full control over our border policy.

For me, that's a pretty good deal. Immigration was the number one priority and the end to free movement our red line. It will satisfy remainers and some Brexiteers, but do the hard brexiteers represent enough of the voting populace and/or parliament to stop it? I would think not. Regardless, there would be significant backlash over our subservience to the EU on goods, as many hard brexiteers have a colonial belief we'll become an exporting powerhouse and shift from a consumer-driven economy.

https://www.telegraph.co.uk/politics/2018/08/09/price-eu-leaders-want-britain-pay-brexit-deal-becoming-clear/

This post was edited by dro94 on Aug 9 2018 02:22pm
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Aug 9 2018 02:38pm
Quote (dro94 @ 9 Aug 2018 22:19)
Michel Barnier is facing internal pressure from the EU to soften his hardline stance









As I predicted, it looks as though we will be wed to the EU on trade of goods, which only comprise 20% of our economy, and be able to strike free trade deals on services. This is all while having full control over our border policy.

For me, that's a pretty good deal. Immigration was the number one priority and the end to free movement our red line. It will satisfy remainers and some Brexiteers, but do the hard brexiteers represent enough of the voting populace and/or parliament to stop it? I would think not. Regardless, there would be significant backlash over our subservience to the EU on goods, as many hard brexiteers have a colonial belief we'll become an exporting powerhouse and shift from a consumer-driven economy.

https://www.telegraph.co.uk/politics/2018/08/09/price-eu-leaders-want-britain-pay-brexit-deal-becoming-clear/


sounds like the best case scenario for both sides if you ask me.

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Aug 9 2018 02:44pm
Quote (Black XistenZ @ Aug 9 2018 09:38pm)
sounds like the best case scenario for both sides if you ask me.


b...b..but fender said the EU will never compromise on their principles or give the UK a favourable deal!

This post was edited by dro94 on Aug 9 2018 02:44pm
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Aug 9 2018 03:02pm
Quote (dro94 @ 9 Aug 2018 21:44)
b...b..but fender said the EU will never compromise on their principles or give the UK a favourable deal!


if you were able to read, you'd realise that i not only predicted the exact opposite, but also made clear that i hoped for it. no wonder you're always mad when all you see are silly strawmen...
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Aug 9 2018 03:13pm
Look like our UK members are jumping pretty quickly on conclusions when it's about a "favourable deal"
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Aug 9 2018 03:26pm
Quote (Saucisson6000 @ Aug 9 2018 10:13pm)
Look like our UK members are jumping pretty quickly on conclusions when it's about a "favourable deal"


If Theresa The Appeaser gets it done she may just go down as one of the best PM's in history, sorting out the mess of her predecessor who goes down as one of the wurst.
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Aug 9 2018 03:40pm
Quote (Saucisson6000 @ 9 Aug 2018 22:13)
Look like our UK members are jumping pretty quickly on conclusions when it's about a "favourable deal"


the funny thing is, i don't even think it's that favourable. as a matter of fact it sounds quite reasonable for both sides, and would allow especially the british negotiators to save face to a certain degree and act like they did right by most people. i would not mind that at all to be honest.

that being said though, i would not be surprised to see negotiations based on that approach to either go forward or be abandoned based on public perception. not because the EU leaders give a shit about what the people in their member states think, but purely out of self-interest. it concerns the point i kept reiterating about the EU principles:

if what objectively is 'just' a weakening of them, to find a compromise with a relatively strong economy to keep losses lower, will be considered an ability to cherry pick amongst EU cornerstones if you just leave and negotiate your own deal ,this might lead nowhere. if they find a way to illustrate the massive drawbacks it will still have for the UK, and somehow appear principled, thus discouraging other members to leave, it might be possible.

i fully agree about the completely unwarranted (and likely fake) 'optimism' that appears more like a desperate 'look, i wasn't so wrong after all' than an informed and realistic evaluation...
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Aug 9 2018 03:51pm
Quote (dro94 @ 9 Aug 2018 22:26)
If Theresa The Appeaser gets it done she may just go down as one of the best PM's in history, sorting out the mess of her predecessor who goes down as one of the wurst.


It's a courageous woman, on the other hand i would not jump on conclusions too quickly...

Quote (fender @ 9 Aug 2018 22:40)
the funny thing is, i don't even think it's that favourable. as a matter of fact it sounds quite reasonable for both sides, and would allow especially the british negotiators to save face to a certain degree and act like they did right by most people. i would not mind that at all to be honest.

that being said though, i would not be surprised to see negotiations based on that approach to either go forward or be abandoned based on public perception. not because the EU leaders give a shit about what the people in their member states think, but purely out of self-interest. it concerns the point i kept reiterating about the EU principles:

if what objectively is 'just' a weakening of them, to find a compromise with a relatively strong economy to keep losses lower, will be considered an ability to cherry pick amongst EU cornerstones if you just leave and negotiate your own deal ,this might lead nowhere. if they find a way to illustrate the massive drawbacks it will still have for the UK, and somehow appear principled, thus discouraging other members to leave, it might be possible.

i fully agree about the completely unwarranted (and likely fake) 'optimism' that appears more like a desperate 'look, i wasn't so wrong after all' than an informed and realistic evaluation...



the ones in panic are the brits, lets wait few days, the reaaaally bad thing is that 1 little thing break it all again.

This post was edited by Saucisson6000 on Aug 9 2018 03:54pm
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Aug 9 2018 04:06pm
Quote (Saucisson6000 @ Aug 9 2018 10:51pm)
It's a courageous woman, on the other hand i would not jump on conclusions too quickly...




the ones in panic are the brits, lets wait few days, the reaaaally bad thing is that 1 little thing break it all again.


I'm not jumping to any conclusions. I've just highlighted that for weeks the EU hawks such as yourself and fender have repeatedly stated the EU would not compromise on its red lines. The EU now seems willing to consider a Brexit deal which allows Britain to remain in the single market for goods, that Michel Barnier had previously ruled out only weeks ago. Fender was quick to mention that very same red line when I said the EU would crack on its principles.

Like you said, all it takes is one severe disagreement for the deal to be compromised. As a result we can't read too much into this right now, however it's still a notable shift in the EU's negotiating position that makes a good deal with the UK more likely.

This post was edited by dro94 on Aug 9 2018 04:07pm
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Aug 9 2018 04:41pm
I specified often EU has not to - appears- as a concessions giver.
lets check pound and moves of big businesses tomorrow
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