WeX Posted May 14, 2013 Share Posted May 14, 2013 Doesn't our financial services industry also benefit from being in the EEC? There is no such thing as the EEC, but our financial services industry benefits from not being part the of the EURO. Just look at how many foreign banks are located in London. Link to comment Share on other sites More sharing options...
Mecky Posted May 14, 2013 Share Posted May 14, 2013 What makes you think the EU will stop trading with us? They probably won't, it'll just make it more expensive for us to import due to increase excise duty, which is one of the reasons for joining the EU. Since we import most of what we need, especially food, people will have to ask they employers for even more salary making us even more uncompetitive than we are now. Link to comment Share on other sites More sharing options...
truman Posted May 14, 2013 Share Posted May 14, 2013 They probably won't, it'll just make it more expensive for us to import due to increase excise duty, which is one of the reasons for joining the EU. Since we import most of what we need, especially food, people will have to ask they employers for even more salary making us even more uncompetitive than we are now. There are more places to trade with in the world then the EU...Genuine question.. how much of our imported food comes from the EU..? Link to comment Share on other sites More sharing options...
I1L2T3 Posted May 14, 2013 Share Posted May 14, 2013 What are the advantages of leaving? What would we gain? Link to comment Share on other sites More sharing options...
Mecky Posted May 14, 2013 Share Posted May 14, 2013 There are more places to trade with in the world then the EU...Genuine question.. how much of our imported food comes from the EU..? Dunno, but most of it and it doesn't have to come from the EU either but it has to be hauled over it. Link to comment Share on other sites More sharing options...
I1L2T3 Posted May 14, 2013 Share Posted May 14, 2013 There are more places to trade with in the world then the EU...Genuine question.. how much of our imported food comes from the EU..? This is a very important point. EFTA members can negotiate more easily with 'third' countries. They are not hampered by having to negotiate trade agreements as a block of 27 countries. This makes it easier to target trade agreements at their specific economic needs. On paper it looks good. But then why was Iceland looking to leave EFTA and join the EU? Link to comment Share on other sites More sharing options...
truman Posted May 14, 2013 Share Posted May 14, 2013 Dunno, but most of it and it doesn't have to come from the EU either but it has to be hauled over it. I don't know but I would have thought most of our imported food would come via ship...you can't get much in a lorry.. ---------- Post added 14-05-2013 at 12:32 ---------- This is a very important point. EFTA members can negotiate more easily with 'third' countries. They are not hampered by having to negotiate trade agreements as a block of 27 countries. This makes it easier to target trade agreements at their specific economic needs. On paper it looks good. But then why was Iceland looking to leave EFTA and join the EU? Financial support? Link to comment Share on other sites More sharing options...
WeX Posted May 14, 2013 Share Posted May 14, 2013 What are the advantages of leaving? What would we gain? Well the EU spends €6.5billion in the UK while we give €11.2billion. Link to comment Share on other sites More sharing options...
LeMaquis Posted May 14, 2013 Share Posted May 14, 2013 Both senior Coalition and Labour politicians are divided and want us to remain in the EEC, why? It hasn't been called the EEC for 20 years. In essence being in the EU means we have free access to trade with a bunch of nations that are broke. A quick search brings up that 57% of our trade goes to the EU while 55% of our imports come from the EU. However, the trade agreement within the EU extends to the likes of Norway. So there is no reason why we would not also be able remain within the trade boarders. Your 2nd quote shows up the ridiculous nature of your 1st quote. 57% of out trade is with a bunch of nations that are all broke? Really? There can't be much trade then. And Germany is broke? The UK is hardly in a fine state itself economically. Norway has to accept EU rules to be part of the EEA and doesn't have any influence on what those rules are. It's a great big world out there, we should be looking outward, not inward to a failing superstate that was imposed on us by deception. Only if it would be just as easy to trade with Brazil, Australia and Japan as it is with the EU. If you look at a map of the world and our trade figures you'd see it isn't. Link to comment Share on other sites More sharing options...
truman Posted May 14, 2013 Share Posted May 14, 2013 Only if it would be just as easy to trade with Brazil, Australia and Japan as it is with the EU. If you look at a map of the world and our trade figures you'd see it isn't. We have these big things that float on water and fly in the sky now... I'm not sure geography is such a problem.. Link to comment Share on other sites More sharing options...
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