Paphitis wrote:Pyrpolizer wrote:There won't be any imaginary new trade partners with you guys, the cost of shipping to the US or Australia is huge, the EU will still be your main trade partner, and won't restrict your exports to member states with any strangling tariffs. It's your Government that will impose high protection tariffs on EU products just to suck your money.
Back to square 1.
It's not that much.
There are massive super tankers and ships going back and forth all the time and the transport costs on the flow are not excessive.
Fact is, USA has the cheapest cost of living than all of us when it comes to food, clothing and other things like that, including electronics, computers and other tech products.
We also already trade with Britain and other EU countries, including Cyprus. BTW, you guys sell Australian Lamb at your supermarkets for 5 friggin Euros. That's dirt cheap. It's charged out at 3 times that amount in Australia. Just one example. So whatever the transport cost is, it isn't much at all for your chains to be selling it this cheap.
Trade between Australia and EU surpassed $75 Billion in 2017 and increasing year after year.
https://ec.europa.eu/trade/policy/in-fo ... agreement/https://dfat.gov.au/about-us/publicatio ... the-eu.pdfAnd BTW, it's not as if the UK can't trade with the EU. It can, and it will trade with the EU. In fact, it will still be able to trade with the EU under the current system for another 2 years at least and this can still be extended up to 10 years.
Also, Norway and Switzerland trade with the EU. They are not EU members. Britain will be no different.
That's not what I said !
I just countered the argument that current EU tariffs are preventing trade with 3rd countries for the purpose of collecting money for the EU system.
What's preventing it is the shipping cost plus the import tariffs of the destination countries, which for high volume or high weight-low price products (e.g. plastics, Aluminum etc) makes it non profitable.
Even for high price low volume products e.g. meat, would you as a British meat producer get a better deal exporting it FROZEN to Australia paying 8-10,000 Euros per 40' /40 ton fridge container rather than exporting it to Europe FRESH for 2,000?
There won't be any new trade horizons after Brexit, that's all.
Besides what the UK will need after Brexit is new exports, not new imports! New imports is easy new imbalanced trade(more imports than exports) is easiest thing to do...
Can you tell me on what products the UK will achieve higher exports after Brexit, than what it does now??
Btw there is no fresh lamb in Cyprus from Australia or New Zealand at the price of 5 Euros. What may exist is FROZEN, but we prefer to pay 6 euros to get it fresh from Greece or Bulgaria.
Now if you are paying triple the price down there in Holy-Rosy-Not Australia, perhaps you should try finding the reasons in local cartels.
As for the UK continuing to trade with the EU for 2 years, that's only true if she exits with current deal. If no deal it will be treated like a 3rd Country from day 1!