The economic consequences of Brexit

[s2art]

Digga said:

s2art said:

Tell us more. I thought the progress in e-commerce/e-customs had dramatically improved the situation in the past decade.

It's still umpteen bits of paperwork and certain Gulf states are very fussy; Certificates of Origin, Bills of Lading, Copies of Invoices, all to be rubber-stamped - physically or electronically - by the Chamber. We've seen similar delays to RYH64E.

OK, but thats the Gulf states, I thought that Europe had streamlined the e-customs process.

[Murph7355]

Garvin said:

... I see that UK exports to the RoW have now overtaken our exports to the EU so some companies are getting on with it rather than bleating "woe is me" all the time.

I think that happened a while back (before the referendum). Something like 44%? (And 30% OF GDP is exports)

Edited to add - the proportion has only been going down for a long time too.

[ukkid35]

saabster14 said:

don'tbesilly said:

B'stard Child said:

Expression I use is "promoted to a level of incompetence....."

Probably better than Self-Promoted to a level of incompetence

and it only takes one photo to illustrate

[don4l]

walm said:

don4l said:

I agree with RYH that exporting to parts of the Middle East is a nightmare.

I think you should be "getting on with it" and not bleating "woe is me".
Stop trying to talk the country down.
If only you took the time to engage rather than wetting the bed at these piffling hurdles.

I thought that agreeing with RYH was a small attempt to engage.

When you write something sensible, then I will agree with you too.

[B'stard Child]

don4l said:

walm said:

don4l said:

I agree with RYH that exporting to parts of the Middle East is a nightmare.

I think you should be "getting on with it" and not bleating "woe is me".
Stop trying to talk the country down.
If only you took the time to engage rather than wetting the bed at these piffling hurdles.

I thought that agreeing with RYH was a small attempt to engage.

When you write something sensible, then I will agree with you too.

I have some sympathy - when I worked in logistics shipping stuff to Saudi Arabia was a pain in the ass.....

Not as bad trying to get a white powder shipped back from Columbia - the paperwork was easy but for some reason that proved crazy difficult and took way longer than it should......

[anonymous-user]

walm said:

don4l said:

I agree with RYH that exporting to parts of the Middle East is a nightmare.

I think you should be "getting on with it" and not bleating "woe is me".
Stop trying to talk the country down.
If only you took the time to engage rather than wetting the bed at these piffling hurdles.

If Brexit does happen a lot of companies will relocate to mainland Europe if that is where their market lies, rather than trying to deal with our new friends in Timbuktu
A lot of remainders will show no allegiance to the self inflicted brexit induced mess . Don't blame them at all.

[anonymous-user]

Jimboka said:

If Brexit does happen a lot of companies will relocate to mainland Europe if that is where their market lies, rather than trying to deal with our new friends in Timbuktu
A lot of remainders will show no allegiance to the self inflicted brexit induced mess . Don't blame them at all.

Traitors

[Jinx]

Jimboka said:

If Brexit does happen a lot of companies will relocate to mainland Europe if that is where their market lies, rather than trying to deal with our new friends in Timbuktu
A lot of remainders will show no allegiance to the self inflicted brexit induced mess . Don't blame them at all.

Why if the costs of trading are broadly in line with the costs today? A move is an expensive proposition coupled with unfavourable tax regimes - it would only make sense if your only customers were in the EU and refused to purchase goods or services outside the EU (if the EU became even more protectionist than it is now).

[powerstroke]

Jimboka said:

If Brexit does happen a lot of companies will relocate to mainland Europe if that is where their market lies, rather than trying to deal with our new friends in Timbuktu
A lot of remainders will show no allegiance to the self inflicted brexit induced mess . Don't blame them at all.

Yeah sure they will

[Burwood]

what exactly has this thread got to do with exporting to the Middle East?

[RYH64E]

Burwood said:

what exactly has this thread got to do with exporting to the Middle East?

The suggestion that, post Brexit, to mitigate the economuc consequences of Brexit, those of us with significant exports to the EU get on our bikes and seek new markets in the rest of the world. It's not that easy.

Edited by RYH64E on Saturday 3rd December 14:02

[Burwood]

RYH64E said:

Burwood said:

what exactly has this thread got to do with exporting to the Middle East?

The suggestion that, post Brexit, to mitigate the economuc consequences of Brexit, those of us with significant exports to the EU get on our bikes and seek new markets in the rest of the world. It's not that easy.

Edited by RYH64E on Saturday 3rd December 14:02

Right, got it.

I'm quite confident all the EU really want is our cash so we will just pay what we pay now to gain access. It will be very interesting to see how the ensuing elections in France and Italy pan out. If the right get in the EU is in big trouble. I can see why you personally may have concerns.

[RYH64E]

Burwood said:

I'm quite confident all the EU really want is our cash so we will just pay what we pay now to gain access.

I think you're wrong, the cash is irrelevant.

[PurpleMoonlight]

I'm not convinced we will pay for membership of the single market, because doing so would I think mean continuing to comply with the tariff agreements the EU has in place with other countries.

If I understand it correctly within the single market goods and services can be bought and sold between members without any tariffs. So if the UK imports something from, say Australia, the UK will charge the EU tariff on it and can then sell it on to any member state. The EU are not going to permit us to buy from Australia, charge our own lower tariff, and then undercut the EU market and sell to member states.

[///ajd]

SilverSixer said:

I was working in an export sales job the day we entered the Customs Union. It was a bloody revelation. I am astounded people don't get it and have seemingly voted us back to the previous set of circumstances. Perhaps they have no experience of real business in the real world and are just armchair experts.

Perhaps?

I think you can be more assertive than that.

Still, they don't need experts.

[confused_buyer]

PurpleMoonlight said:

I'm not convinced we will pay for membership of the single market, because doing so would I think mean continuing to comply with the tariff agreements the EU has in place with other countries.

If I understand it correctly within the single market goods and services can be bought and sold between members without any tariffs. So if the UK imports something from, say Australia, the UK will charge the EU tariff on it and can then sell it on to any member state. The EU are not going to permit us to buy from Australia, charge our own lower tariff, and then undercut the EU market and sell to member states.

No, that isn't the Single Market. The Single Market isn't really about tariffs. The Single Market, the Customs Union, the VAT Area and the Free Tariff Area are all different things with different members.

What is worrying is that when you listen to them the vast majority of politicians don't know the difference.

[loafer123]

///ajd said:

SilverSixer said:

I was working in an export sales job the day we entered the Customs Union. It was a bloody revelation. I am astounded people don't get it and have seemingly voted us back to the previous set of circumstances. Perhaps they have no experience of real business in the real world and are just armchair experts.

Perhaps?

I think you can be more assertive than that.

Still, they don't need experts.

Thankfully we have computers now.

When I export to the US, for example, it takes about 30 secs to fill in the relevant forms electronically.

[davepoth]

loafer123 said:

Thankfully we have computers now.

When I export to the US, for example, it takes about 30 secs to fill in the relevant forms electronically.

I agree. There's very little paperwork to do to ship to most places these days. It's only when you're shipping to more esoteric locations that it gets tricky.

[RYH64E]

davepoth said:

I agree. There's very little paperwork to do to ship to most places these days. It's only when you're shipping to more esoteric locations that it gets tricky.

Kuwait is tricky, Angola was no fun either. We don't do our own export paperwork, we use a specialist freight forwarder near Heathrow, they've been working on the Kuwait job for nearly two weeks and the goods still haven't left, they won't put anything on a plane until the Kuwaitis have given the go ahead, all the while the European engineers at the refinery are giving me daily grief. The Chamber of Commerce have issued the certificate of origin, the invoice has been certified, everything at our end is ok but the receiving customer doesn't have the correct import licenses. It's like stepping back to the dark ages.

[dandarez]

RYH64E said:

davepoth said:

I agree. There's very little paperwork to do to ship to most places these days. It's only when you're shipping to more esoteric locations that it gets tricky.

Kuwait is tricky, Angola was no fun either. We don't do our own export paperwork, we use a specialist freight forwarder near Heathrow, they've been working on the Kuwait job for nearly two weeks and the goods still haven't left, they won't put anything on a plane until the Kuwaitis have given the go ahead, all the while the European engineers at the refinery are giving me daily grief. The Chamber of Commerce have issued the certificate of origin, the invoice has been certified, everything at our end is ok but the receiving customer doesn't have the correct import licenses. It's like stepping back to the dark ages.

Slasher ajd should be able to help there then?