David Davis is full of optimism in a post on the Conservative Home website (HERE) but I think he is living in a fantasy world. He talks about our economy needing to move towards a more export-led growth strategy, based on higher productivity employment but doesn't explain why we needed to leave the EU to do it.
He also believes the new Prime Minister on September 9th should immediately trigger a large round of global trade deals with all our most favoured trade partners and he expects that the negotiation phase of most of them to be concluded within between 12 and 24 months. To negotiate trade deals while we are still in the EU would be illegal but setting this aside, why would anyone sign a trade deal with us before they know our future relationship with the EU? It wouldn't make sense and we cannot even begin discussing trade arrangements with the EU until we have left so the 12-24 months is a pipe dream.
And finally, to trade we need to make things and Mr Davis talks about these deals providing "massive markets for our exports, but it will also helps to cut the costs for our manufacturing industries. For example, let’s take our car manufacturers...". But we don't have a car industry, we have foreign manufacturers making cars here because we are in the EU. If we leave why would they stay or continue to invest here? Why not do it from factories in Germany or Japan?
No comments:
Post a Comment