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Old 14.04.2018, 17:38
ChrisCMR ChrisCMR is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

Theresa May has caved-in on the Phase 1 agreement, and on the EU's terms for the Transition Period. Now, there are rumours coming from Downing Street that she may be about to cave-in on the UK staying in the/a Customs Union with the EU after Brexit:

http://https://www.bloomberg.com/new...-be-next-to-go

There have already been signs that she is looking to keep the DUP on side by offering to have the UK follow Single Market rules on Goods, to keep the Irish Border open and avoid a Customs border in the Irish Sea. The most telling parts of the Bloomberg article above are these:

"Some of May’s officials think that quitting the customs union in order to win the power to strike free trade agreements with countries such as the U.S. or Australia is not as desirable as passionate Brexit supporters believe."

"Such trade deals with third countries can take a long time to negotiate and end up mired in litigation, while measures short of formal FTAs can still deliver significant benefits, one person said, speaking on condition of anonymity because the discussions are private.

Added to this, the growing view in May’s office is that, after a narrow referendum result and a close general election, she has no mandate for an extreme Brexit, according to an official."

"Brexit-backers inside May’s government think she could be ready to water down her promise to take Britain out of the single market and customs union, according to two people familiar with their thinking. The justification would be solving the Irish border issue."


What this could mean regarding FOM between the UK and CH, is unknown, if it happens of course.....
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