Posted by: westlancashirerecord | January 28, 2019

Brexit So Close You Can Almost Taste It?

Julia Hartley-Brewer writes “It’s so close, you can almost taste it. Stand firm, Brexiteers. We’ve come this far. Don’t let 17.4 million of us down. No wavering”.

Shanker Singham Director of the international trade and competition unit at the Institute of Economic Affairs writes “For this next negotiation with the EU to have any chance of success, we will need to maximise compression and pressure on the EU at the end of the negotiations. They must know that if we do not have a deal, there are consequences. We will have to open up our agricultural import quotas to all-comers and they will lose market share.

The Republic of Ireland must be in no doubt that their market access into the UK of beef will decline dramatically, not because we want it to, but because this is the logical consequence of what we would have to do to control food price inflation in the event of no deal.

60% to 70% of our beef now comes from the Republic of Ireland

That loss of market share would decimate the Irish beef industry. The same is true for Bavarian dairy farmers and French farmers who are now beginning to vocalise their concern about no deal.

European member states will start to question why they should lose market share into the UK in this sector all because of the Republic of Ireland, and splits will develop between member states and the Republic of Ireland. There are some early signs of this even now, from the Poles before any new text has been tabled with the EU.


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