Brexit: Richard Tice warns talks may continue for 'years'
With less than a month until the end of the transition period on December 31, negotiations to secure a deal are still ongoing but a no deal outcome is looking more and more likely. During negotiations, the EU has talked about “protecting the integrity of the Single Market” and has demanded “fair competition”.
The single market refers to the EU as one territory without any internal borders or other regulatory obstacles to the free movement of goods and services.
A functioning single market stimulates competition and trade, improves efficiency, raises quality, and helps cut prices.
But the website, Brexit Facts4EU.org has listed three reasons why the EU’s claims of protecting the integrity of the Single Market are bogus.
Tweeted by Conservative peer, Lord Moylan, the article’s first reason is the “EU’s admission that the UK benefits least from the Single Market”.
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According to the site, the EU assesses the performance of member countries in relation to the Single Market through trade integration.
They said: “The UK has regularly been the member benefitting least from the Single Market.”
The next issue raised is that the so-called level playing field does not exist within the EU itself.
The level playing field is a set of common rules and standards preventing businesses in one country gaining a competitive advantage over those operating in other countries.
Brexit Facts4EU.org said: “When the EU demands ‘fair competition’ and a ‘level playing field’, most people would consider this to involve similar labour costs and workers’ rights.
“This is not the case.
“The UK is undercut by competition from EU countries with far lower wages and significantly fewer workers’ rights.
“The situation is just as bad when it comes to workers’ rights.
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“It was the UK that led – and leads – the way on this.
“For example, the standards for statutory holiday entitlement and maternity pay are far higher than in the EU.”
Their third and final point argues the UK is “way down” the list of countries “posing any threat to the Single Market”.
The group continued: “When the EU is looking for ‘threats’ to its Single Market, it needs to look much further afield than its neighbour the UK.
“The UK is a western democracy with associated values.
“Instead the EU might be better advised to look at the countries which sell most into its Single Market and which do not have the very high standards of the UK.”
They point out how China does not obey EU standards, yet the bloc is still willing to trade with the Communist nation.
Continuing, they wrote: “China is so far off the ‘level playing field’, it’s like they’re playing in another stadium in another city.
“Despite the fact that China is the world’s number 1 polluter, does not respect human rights, subsidises its industries on a massive scale, and has some of the lowest standards of workers’ rights and individual freedoms, the EU was happy to buy €363 billion of goods last year.”
Concluding the article, they claim the EU is wanting to “punish” British people for “voting to leave its club”.
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