Cyprus-Forum.com

[Paphitis]

here is a question for those who import export accross borders in and outside eu. can i as an individula order something from another country and have it delivered without an trade agreement between uk and the supplying country?

there are now people propogating the idea that ultimately money talks and companies will deliver with or without a trade deal.

Of course you can do it. No trade agreement is required. As long as the supplying country/firm can provide the relevant certificates a UK importer can import anything he wants.

The vast majority of products don't need any certificates. What certificate would you need to import furniture for example??
However there are some restrictions in certain products e.g. For plants, vegetables, seeds etc he will need Phytosanitary certificates as for live or processed food the certificates themselves are only good to import and store the products. From there on they have to be checked from the local authority and government lab before been released for human consumption.

Buying things is the easiest thing to do. Selling is the most difficult thing.
The UK will have no problem doing imports (buying) after Brexit with no deal, but will have a great difficulty doing exports(selling things).
Therefore it's trade deficit will increase.
EU exporters to the UK will also suffer the same. E.g. Cypriot potatoes won't sell as easy anymore in the UK.

there will be no difficulty in selling things.

Trade will continue both ways. People in the EU will still be buying Jaguar, Land Rover, Range Rovers and Aston Martin's.

Vehicles is actually a small part of UK's trade with the EU (10% of it's exports ) and even on that the UK it's on deficit [20.6 billion exports Vs 46.5 billion imports in 2018.]

The only things the UK was on surplus were
a) petroleum products (12% of it's exports ) 20.6b Vs 8b
b)Financial and other business services (52% of it's exports) 107 b exports Vs 81 imports

Overall the UK is on trade deficit with the EU.

While trading goods with the EU after Brexit with no deal, is not expected to bring up any dramatic change
[e.g. the UK will still export half the value of the cars she imports], it will have a huge impact on the Financial and other services sector which is it's biggest trading sector with the EU. Simply because it will lose the free movement and settlement facility. But this is what they want either with a deal or no deal, right?

I just used that as an example.

I buy a lot of stuff from overseas. Usually from the USA. Sometimes from the UK.

If I really want something, nothing will stop me from buying from the UK. It's supply and demand.

British goods are noted for their quality. They have very high standards in manufacturing and also in farming and produce. There will always be a demand for British goods and don't forget, they are the 5th largest economy so no, the world will not cave in. In fact, it may even improve as they can forge deals with the US, Australia, Canada, NZ, Australia, China, India and Japan.

[Paphitis]

Imo what the UK needs after Brexit (with or without a deal) is not new trade deals on goods, it's
new markets to sell it's Financial and other services.
Where are those new markets??

British Financial products will always be in demand because they have a very mature and large market. They are far more stable and less risky than most.

I consume British Financial Products through a super fund and they have always performed very well for me. I focus on 3 markets - UK, USA and Australia.

Their markets are global - Middle East, Asia, Australia, USA and so on. Everything is interconnected and the UK markets are highly respected. They are basically still a Rolls Royce of the financial world after Wall Street.

[Paphitis]

now here is a very interesting thought. if you look at why the tories wanted to brexit in the first place, it was becasue the eu was bringing financial regulations in and london wanted to be excluded from these regulations. cameron tried very hard to get an exclusion and was told to get on his horse. what will that mean to the services they offer if they are not alligned to the finacial regulations of the eu? i suspect not very well. it is like bringing in chlorinated chicken from the usa. imagine we are outside of the eu so we bring chlorinated chicken and pass them on to the europeans.

irony of course of all this was that people were very upset with the financiers and voted brexit to punish them as they were making a killing in the eu and the poor sods could not get a look in.

oh yeah and pigs will fly too.

i still maintain that we will be unable to trade using wto and the absence of any agreement with implementation trade will the eu will stop overnight as well as any other country.

how do we trade without wto facility or some trade agreement.

watch this. very revealing. no really it is.
https://www.youtube.com/watch?time_continue=3&v=5DIz9UTmMQk

Well if this is true and I have no doubt it isn't, it just goes to show that Britain needs to leave.

The EU has no right regulating the British Financial Industry. We are talking about probably the best or at least the second best in the world here and the last thing we would want is the EU stepping in to fuck things up like they did in Greece, Cyprus, Italy and Spain.

EU can look at its own back yard and leave London alone.

[Lordo]

now here is a very interesting thought. if you look at why the tories wanted to brexit in the first place, it was becasue the eu was bringing financial regulations in and london wanted to be excluded from these regulations. cameron tried very hard to get an exclusion and was told to get on his horse. what will that mean to the services they offer if they are not alligned to the finacial regulations of the eu? i suspect not very well. it is like bringing in chlorinated chicken from the usa. imagine we are outside of the eu so we bring chlorinated chicken and pass them on to the europeans.

irony of course of all this was that people were very upset with the financiers and voted brexit to punish them as they were making a killing in the eu and the poor sods could not get a look in.

oh yeah and pigs will fly too.

i still maintain that we will be unable to trade using wto and the absence of any agreement with implementation trade will the eu will stop overnight as well as any other country.

how do we trade without wto facility or some trade agreement.

watch this. very revealing. no really it is.
https://www.youtube.com/watch?time_continue=3&v=5DIz9UTmMQk

Well if this is true and I have no doubt it isn't, it just goes to show that Britain needs to leave.

The EU has no right regulating the British Financial Industry. We are talking about probably the best or at least the second best in the world here and the last thing we would want is the EU stepping in to fuck things up like they did in Greece, Cyprus, Italy and Spain.

EU can look at its own back yard and leave London alone.

this was before 2016 you stupid idot.

and of course it was only going to effect the euro zone but then ask yourself why did cameron try to stop europeans protecting their financial institutions with new regulations?
what right did london have to say anything about that, after all they are not part of the euro to this day.

as to you being able to buy anything from the usa and uk is becasue eu and usa rade under wto rules. the problem we have is we also trade under eu's wto rules. once we are out of the eu, we have to apply for our own account and thats when the fireworks will start, it may take 10 years to get the wto functioning in the uk

[Paphitis]

now here is a very interesting thought. if you look at why the tories wanted to brexit in the first place, it was becasue the eu was bringing financial regulations in and london wanted to be excluded from these regulations. cameron tried very hard to get an exclusion and was told to get on his horse. what will that mean to the services they offer if they are not alligned to the finacial regulations of the eu? i suspect not very well. it is like bringing in chlorinated chicken from the usa. imagine we are outside of the eu so we bring chlorinated chicken and pass them on to the europeans.

irony of course of all this was that people were very upset with the financiers and voted brexit to punish them as they were making a killing in the eu and the poor sods could not get a look in.

oh yeah and pigs will fly too.

i still maintain that we will be unable to trade using wto and the absence of any agreement with implementation trade will the eu will stop overnight as well as any other country.

how do we trade without wto facility or some trade agreement.

watch this. very revealing. no really it is.
https://www.youtube.com/watch?time_continue=3&v=5DIz9UTmMQk

Well if this is true and I have no doubt it isn't, it just goes to show that Britain needs to leave.

The EU has no right regulating the British Financial Industry. We are talking about probably the best or at least the second best in the world here and the last thing we would want is the EU stepping in to fuck things up like they did in Greece, Cyprus, Italy and Spain.

EU can look at its own back yard and leave London alone.

this was before 2016 you stupid idot.

and of course it was only going to effect the euro zone but then ask yourself why did cameron try to stop europeans protecting their financial institutions with new regulations?
what right did london have to say anything about that, after all they are not part of the euro to this day.

as to you being able to buy anything from the usa and uk is becasue eu and usa rade under wto rules. the problem we have is we also trade under eu's wto rules. once we are out of the eu, we have to apply for our own account and thats when the fireworks will start, it may take 10 years to get the wto functioning in the uk

It just validated the BREXIT idiot.

I don't want the EU anywhere near the British Financial Industry otherwise that is when I am pulling up stumps on the British Markets. I got over a quarter of a mill there and I am not going to risk my retirement because of the stupid EU.

I know retirees from Australia that were completely wiped out minus 100,000 lousy Euros. I don't want anything to do with the EU, because I took down some notes about their behavior towards Greece and Cyprus and I have a very long memory and I don't drink soy lattes either.

Criminals!

[miltiades]

Still full of shit aren't you.

[cyprusgrump]

I have no valid counter-argument so I am resorting to ad hom as normal.

[Lordo]

I have no valid counter-argument so I am resorting to ad hom as normal.

no no be fair he is full shit, i have agree with milti. read what bafidi posts.

[Pyrpolizer]

British goods are noted for their quality. They have very high standards in manufacturing and also in farming and produce. There will always be a demand for British goods and don't forget, they are the 5th largest economy so no, the world will not cave in. In fact, it may even improve as they can forge deals with the US, Australia, Canada, NZ, Australia, China, India and Japan.

Can you name me a few British goods other than foodstuff you have in your possession?
I looked around in my house and found none....
EU tariffs for foodstuff are high, especially for dairy products may reach 35%.
As for your argument that the UK is the 5th largest economy, so what? India is 6th, Italy is 8th, Brazil is 9th. 2 of them full of poverty and Italy at the verge of collapsing.

[Lordo]

bafidoboullaghi is confusing german quality with british quality.