Hard Brexit is Better Than Soft Brexit
Recent times have heard a lot of “soft” and “hard” Brexit talks. Despite many suggesting that they fear hard Brexit, a recent poll indicated massive public support.
The YouGov poll found out that 47% of the participants would opt for hard Brexit that allows strong control of the immigration. 39% of those surveyed said that they would support soft Brexit. Their reason is that Britain will still have access to the single market. But this option involves giving up what actually fueled the Brexit referendum.
3, 780 UK adults were involved in the study.
The soft Brexit supporters believe in a situation where the UK will still have a certain level of membership in the EU – with interest, particularly in the single market. To achieve such a benefit, a degree of free movement would have to be sacrificed.
Many of them want to avoid a situation where the UK pays the EU to access the single market. But this is not a new thing. Norway and Switzerland have been doing it for years now.
Hard Brexit is the Way to Go
This is the “Clean Brexit.” It is a better way to implement Brexit and give the people exactly what they voted for on 23rd June.
This option involves quitting the EU and the single market entirely. After the dust has settled, strike a deal that would see Britain trade within the EU on a different platform – the World Trade Organization is suggested by most.
As things stand now, those in support of hard Brexit seem to be on the lead.
While delivering a speech in Geneva, Dr. Fox had said “The UK is a full and founding member of the WTO.”
But it’s not only top UK leaders that support hard Brexit. The German business heads also share the opinion that it’s better to have a fully settled deal as opposed to a fragmented one.
Markus Kerber of the German BDI group was quoted in late September saying
“It’s better to have a hard Brexit that works than to have fudge in the middle that has to be renegotiated or doesn’t politically work and you have uncertainty lingering on.”
The bewildered euro-types explain that if the UK wants a single market, London should be ready to play in. Such hardstands are being taken – more so by Brussels – against the second largest contributor to the EU budget.
In addition, EU politicians have been vocal about allowing the UK access the single market on condition that movement is not tampered with.
But Theresa May has equally had her own stand. She has clearly pointed out that Brexit not only means Brexit but also means controlling immigration.
Yet the European Commission, Council and Parliament have been categorical that without freedom of movement, there will be no single market.
Brussels and Canada Factor
Theresa May has persistently said that Britain will find ways to gain access to this market without giving up control of immigration. There are whispers that the government may build a new relationship with Brussels based on CETA – Canada’s free trade agreement.
The purpose of CETA was to jolt eurozone’s sluggish economy and also cancel 98% of tariffs between Canada and the European Union.
But as you would have expected, this wasn’t an easy move-in Brussels.
As part of the CETA agreement, Canada won’t pay the EU or sign up for free movement to access the single market. How the negotiators arrived at that I don’t know. But they must have been thoroughly sick at the sight of each other after the deal.
Justin Trudeau, the Canadian travelled to Brussels late October to sign the deal. This deal revealed how difficult it is to secure a deal from 28 member states even as the Brexit talks ensue.
Donald Tusk had commented on the deal back then saying:
“After my talks with all 28 member states’ leaders, I have no doubt Ceta is the least controversial trade agreement you could imagine.”
Good Things Set to Come
Once Britain opts to quit via the hard Brexit way, the government will be able to choose what trade deals to get into. There will be no impeding factors like the need to adhere to EU immigration policies to trade.
When the Article 50 process is completed and Britain has left the EU, then the UK would open negotiations for a comprehensive free trade deal.
As revealed by sources to BBC, the government’s Canada as its gateway to this deal. This model of trade is to be referred to as Canada+.
CETA is a good to trade deal, particularly for the middle classes. The UK’s freedom to make independent trade deals will see it work with willing partners like emerging markets.
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