mahnmut: (Quaero togam pacem.)
mahnmut ([personal profile] mahnmut) wrote2016-04-28 10:55 am
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Brexit and the TTIP

Curiously, Obama has warned the UK that if they were to leave the EU, they'd lose from a Brexit and assume a place at the back of the line in terms of trade and economic benefits from a possible "enhanced partnership" with the US, post-TTIP.

While a lot of the opposition may or may not be wildly overblown, the premise of the article is sound overall.

From the standpoint of all those who are talking of exiting the EU (in part exactly because the way technocrats and/or lobbyists are "shoving" such hugely important legislation like TTIP down the throats of the public), considering that one of the big Euroskeptic arguments for leaving the EU is that "we could make our own free trade deals", there is zero doubt that anyone in that position would pursue a free trade agreement with the US as soon as possible after leaving.

The only way to shape (or prevent) the framework of such a relationship is within the EU, otherwise the EU will do it without the runaway countries, and they'll just be taken along in the tide.

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