Mon Feb 11, 2019 7:45 am #1674103
johnm wrote:Leodisflyer wrote:What I don’t understand is why we are building lorry parks. If I’ve understood correctly then only a small fraction of the current UK lorry fleet will have permits to drive in the EU. Where are the lorries coming from that will need to be parked!
We’re back to point to point transport in both directions, so a U.K. truck loaded with goodies for Italy can go there, an Italian truck loaded with Parma Ham can come here, but if U.K. is a third country they will be subject to customs checks, so the trucks have to have somewhere to queue for those checks.
It’s only an issue if there’s no deal, so it’s contingency planning, there’s a lot of it about
Don't worry, the Italians are proposing a bilateral arrangement. Guy Verhofstadt will be more hopping mad than usual this morning.
https://www.telegraph.co.uk/business/20 ... ic-crisis/
Italy is drawing up emergency plans to safeguard financial stability and keep trade with the UK flowing even if there is a no-deal Brexit, if necessary through a bilateral deal between Rome and London.
The country’s insurgent Lega-Five Star coalition is increasingly worried that a mishandling of the EU’s Brexit crisis could push Italy's fragile economy into a dangerous downward slide and risk a funding crisis for its sovereign debt at a treacherous moment.
Premier Giuseppe Conte has told his Brexit Task Force to focus urgently on ports, airports, customs, and the handling of food trade, as well as the status of Italians living in the UK.
Palazzo Chigi, the prime minister’s inner machine, is exploring what Italy can do under its own authority to defuse the stand-off with Britain. While this is relatively straightforward for issues such as citizens’ rights, it is unclear how it would work in trade and finance where the EU sets the rules.
Both the Lega and Five Star movement have Eurosceptic roots and are irked by the Brexit strategy of the European Commission, seen as rigid, ideological, and potentially explosive.
“We want the closest possible bilateral ties with the UK and certainly don’t agree with any idea of punishment. You are our customer,” said Claudio Borghi, the Lega’s economics spokesman and chairman of the budget committee in parliament.
“Unfortunately we are not in charge of Europe, at least not yet,” he said.
Ettore Prandini, the head of Italy’s agro-industrial federation Coldiretti, said there were fears that a hard Brexit could devastate Italy’s long-established food exports to Britain. The UK is the country’s third biggest market for food products after Germany and the US.
“It is absolutely vital that we get a good accord. We have made big investments in the distribution network in the UK,” he said.
Italy’s food and drinks sector is already in crisis. Sales of fruit and vegetables have dropped 12pc over the last year due to cut-throat global competition.
“What worries us about Brexit is that exporters in the rest of the world will come in and undercut us. This is what happened after the Russia sanctions in 2014. The Turks grabbed our market share,” he said.
Coldiretti is concerned that suppliers in places such as South Africa, Kenya, or parts of Latin America will suddenly gain an edge in UK supermarkets.
If the UK were to opt for unilateral free trade to keep ports open in a no-deal scenario - as has been floated by Trade Secretary Liam Fox, at least as a temporary measure - it might lead to an irreversible loss of UK market share for Europe’s high-cost producers.
A confidential study by the pan-EU lobby FoodDrinkEurope estimates that Italy could see a 33pc drop in wine sales in Britain in a hard Brexit.
The body said annual EU exports of food and drinks to the UK are €41bn, against €17bn flowing in the opposite direction. “The exit of the UK from the EU without a deal will constitute a lose-lose situation for the entire agri-food chain. The impact will be immediate and harsh,” it said.