Paphitis wrote:
They are not official statements.
Germany has clearly outlined that in the event of NO DEAL BREXIT which they think is very likely, negotiations will still continue for Free Trade between the EU and Britain which means Britain will trade under WTO Article 24 which means no Tariffs. at all.
Even Australia trades with the EU on a zero Tariff basis.
https://fullfact.org/europe/article-24/
It is very easy for the EU and Britain to agree to a time schedule for these negotiations. Even Australia is in the advance stages of negotiations.
I am wondering whether you read the links you post.
This is what your link says:
Conclusion
This is very unlikely in practice. This refers to Article 24 of the WTO’s General Agreement on Tariffs and Trade. It allows countries who are negotiating a free-trade area or customs union to have an interim agreement on trade tariffs for a period of (in most cases) up to ten years provided they have a “plan and schedule” agreed for concluding a final deal.
Negotiations with Canada started in 2009 it's been 10 years and have not been implemented yet.
In no way there will be a FREE trade deal with Canada or the UK with zero Tariffs on everything.
Australia started negotiations in May 2018.
If you think the draft agreement is for ZERO tariffs you are wrong.
For example lamb from Australia currently pays 12.8% plus €1.71/Kg which is enough to make it non competitive.
And that's what most probably will be the final tariff after 10+years when the negotiations will end.
The EU Paphitis Fs everybody in trade deals. It only accepts what it suits her. It currently Fs Australia too in exporting double than what it imports.
https://madb.europa.eu/madb/euTariffs.h ... country=AU