8 things wrong with the Withdrawal Agreement
1. Signing the Withdrawal Agreement gives the EU what they want, taking away most of our bargaining power.
2. The financial commitments are open ended, with some very long lasting. They will doubtless be much more than the Treasury £39 bn forecast. This is money given for nothing in return that we do not legally owe them.
3.We have to accept and follow any law they pass for the next two years or more, without any vote or voice to try to stop laws that damage our interests.
4. We cannot sign any trade deals with other countries all the time we stay in the so called Implementation period.
5.Under the Agreement we might be another 45 months stuck in the EU, making a total of 78 months or six and a half years from our decision to leave. Parliament promised to enact the decision of the People’s vote, not to delay it indefinitely.
6.The Irish backstop splits the UK up.
7. The Withdrawal Agreement is legally binding. The Political Declaration is a vague wish list including the contradiction of a possible free trade agreement and a possible customs partnership.
8 Far from ending business uncertainty it prolongs it and makes it worse, as it makes a good outcome for the UK less likely.
This is an unbelievably bad Agreement for the UK and a great one for the EU. It is not a deal, as it does not offer the UK any of the things the PM said she wanted. It is an invitation to much more uncertainty and more talks on worse terms for the UK.
Source: http://johnredwoodsdiary.com/2018/12/27/8-things-wrong-with-the-withdrawal-agreement/
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