Brexit Benefits

/Brexit Benefits
23 06, 2016

#3 Brexit has allowed the UK to join the geostrategically important CPTPP trade agreement

Brexit Benefits|

With Brexit, the UK has been able to realign with those markets projecting the highest growth over the coming decades, instead of being tied to a bloc projected to see a decline in relevance - with accession to the 11-nation CPTPP as an example of this Indo-Pacific tilt.

23 06, 2016

#2 Brexit allows the UK to have better and more trade deals than possible in the EU

Brexit Benefits|

The UK has improved rolled over deals with Japan, Singapore & Ukraine — and is in progress with Mexico, Switzerland, Israel, Turkey & South Korea. Brand new deals with Australia & New Zealand, and is also in progress with India and the six-nation Gulf Cooperation Council (GCC).

23 06, 2016

#4 Brexit means that 100% of customs revenue goes to HMRC, not to the EU coffers

Brexit Benefits|

As an EU member state, 75% of *all* customs revenue (it was 80% when UK was a member)  goes to the budget of the EU. Now outside of the EU, the UK HMRC gets 100% of that revenue  to spend on public services, currently around £2-3bn extra a year.

23 06, 2016

#1 The UK has the EU’s trade deals, but doesn’t have to pay the EU for them anymore

Brexit Benefits|

The UK previously had access to around 43 active trade deals as part of EU membership – a membership that, as one of the largest net contributors it paid billions each year for. The UK has replicated all but 3 of these (Bosnia, Montenegro, Algeria)

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