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EU...in or out...

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clift_d View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote clift_d Quote  Post ReplyReply Direct Link To This Post Posted: 18 Feb 20 at 19:09
Originally posted by nicq nicq wrote:

if brexit is so bad for the car industry why are VW moving a plant to Turkey. 

Sorry... but it would really help if you did a bit more research before posting.

1. Firstly the state of the process - last October VW actually announced a delay to the start of work to set up that plant, due to Turkey's actions in the Kurdish region in northern Syria, so it isn't currently going ahead at all.

2. Secondly, the reasons why VW have considered building a car plant in Turkey probably have a lot to do with the fact that there's a trade deal between the EU and Turkey that allows the passage of goods between the two markets without customs restrictions. It's called the Ankara Agreement, and it took eight years to negotiate from the initial talks in 1987 to the point at which it came into effect 31 December 1995. It will also leave Turkey in a better position in terms of trade with the EU than the UK will be if we leave at the end of this year with No-Deal.

Now imagine you're sitting in the boardroom at Ford, Vauxhall, Nissan, Toyota, JLR, etc, and you're currently seeing a UK government that is talking up a No-Deal scenario. You've explained very clearly to this government, numerous times, the potential impact to your business model in the UK, both in terms of customs costs and delays, of continuing to operate without a trade deal with your main regional market. Where do you think the board are going to decide to invest their money to build a next generation electric car? In the UK, or somewhere that has frictionless trade with the EU?


Edited by clift_d - 18 Feb 20 at 20:32
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nicq Quote  Post ReplyReply Direct Link To This Post Posted: 18 Feb 20 at 21:57
please make sure of your gactd
The building of the plant has been postponed until February 
The EU does not havrFYS with Turkey both ways only from the EU to Turkey. From Turkey to the EU still has tariffs 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nicq Quote  Post ReplyReply Direct Link To This Post Posted: 18 Feb 20 at 21:59
Sorry for mistakes, bloody hard work on a phone 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mike Noc Quote  Post ReplyReply Direct Link To This Post Posted: 18 Feb 20 at 22:07
Originally posted by clift_d clift_d wrote:

No need to believe me when I say a forthcoming No-Deal Brexit poses an existential threat to the UK Car Industry? It's the consensus view pretty much everywhere except the 'Leave bubble'.

As you well know I wasn't talking about that - I was talking about your statement linking the Bridgend closure to Brexit, which is untrue.

Originally posted by clift_d clift_d wrote:

You can selectively pick and choose your quotes and tidbits all you like, with a cheeky nudge and a wink, but the car manufacturing industry does not agree with your rose-tinted view of its prospects in the UK if we end up in a No-Deal scenario.


Priceless! Have another look and you'll see that you selectively quoted yourself and I quoted you in full. Read it through again and tell me what I missed out:

The s*** piles up so fast you need wings to stay above it...

Ford to close Bridgend engine plant with 1500 jobs lost on site and many hundreds more lost in the supply chain.

At this point I think it's fair to say that if you still think that a No Deal Brexit, or indeed any kind of Brexit, will be beneficial for the UK then you've either got your hand in the cookie jar or you're a muppet.

As for my rose tinted view how have you worked that out? I haven't given a view on UK prospects in the event of a no deal Brexit.

There really isn't any reasoning with you so I'll give up and I'll leave you to it. Have fun.  Smile






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Post Options Post Options   Thanks (0) Thanks(0)   Quote clift_d Quote  Post ReplyReply Direct Link To This Post Posted: 19 Feb 20 at 00:16
Originally posted by nicq nicq wrote:

please make sure of your gactd
The building of the plant has been postponed until February 
The EU does not havrFYS with Turkey both ways only from the EU to Turkey. From Turkey to the EU still has tariffs 

The EU / Turkey Customs Union is tariff free in both directions for all industrial goods, so I'm not sure where you got that bit of info from.
 



Edited by clift_d - 19 Feb 20 at 08:38
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Post Options Post Options   Thanks (0) Thanks(0)   Quote randolph57 Quote  Post ReplyReply Direct Link To This Post Posted: 19 Feb 20 at 05:44
WOW!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote clift_d Quote  Post ReplyReply Direct Link To This Post Posted: 19 Feb 20 at 08:39
Originally posted by randolph57 randolph57 wrote:

WOW!

If you say so...
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nicq Quote  Post ReplyReply Direct Link To This Post Posted: 19 Feb 20 at 09:13
Turkey. The EU and Turkey are linked by a Customs Union agreement, which came into force on 31 December 1995. Turkey has been a candidate country to join the European Union since 1999, and is a member of the Euro-Mediterranean partnership.
https://ec.europa.eu › index_en

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Does Turkey have free trade with EU?
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However, the free trade agreements (FTAs) signed by the EU do not extend to Turkey, so the EU's FTA partners can export to Turkey tariff-free, while maintaining tariffs on Turkish goods, unless they also conclude a separate FTA agreement with Turkey.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote clift_d Quote  Post ReplyReply Direct Link To This Post Posted: 19 Feb 20 at 10:36
If you follow the first link in your post - the one to the EU Trade Commission, you will find a link to the actual Customs Union Agreement:


Originally posted by EC Decision 96/142/EC EC Decision 96/142/EC wrote:

SECTION I
Elimination of customs duties and charges having equivalent effect
Article 4
Import or export customs duties and charges having equivalent effect shall be wholly abolished between the Community and Turkey on the date of entry into force of this Decision. The Community and Turkey shall refrain from introducing any new customs duties on imports or exports or any charges having equivalent effect from that date. These provisions shall also apply to customs duties of a fiscal nature.

So there are no customs duties on goods passing either way due to this trade deal, hence the attraction of building a factory in Turkey. Our manufacturing sector used to be in a similar position due to our membership of the EU, which is why successive governments were able to persuade companies like Nissan to invest in manufacturing in the UK. Unfortunately this will no longer the case as a result of Brexit, and so new investment in factories will not come to the UK, it will go elsewhere.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote danstervan Quote  Post ReplyReply Direct Link To This Post Posted: 21 Feb 20 at 11:01
It's only your data protection. That's data that as a commodity is now considered to be as or more valuable than oil as it allows those that hold it to engineer more ways to manipulate you and extract wealth from yourselves.

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