Sovereignty
Sovereignty is the full right and power of a governing body (e.g the UK through Parliament) over itself, without any interference from outside sources or bodies. So in order to maintain our sovereignty with respect to the EU, it seems that it is possible that we will not enact any trade deal with our biggest trading partner by far, as we do not wish to compromise our position regarding fishing rights (0.05% of UK GDP with most of the catch sold to the EU !), government support for industry (you know, that fundamental principle of Conservative economic policy since the days of Mrs Thatcher) and how a deal is enforced.Without a deal we will trade with them under WTO rules.WTO rules state that the same trading terms must be applied to all WTO members, and the UK cannot offer better trading terms to one country and not another.This means that any tariffs offered to one country must be offered to all. Sovereignty over the rules will simply transfer from Brussels to the WTO head office in Geneva.Unless there is a trade agreement between us and other countries.In setting up such, I would assume that in the negotiations we will have compromised or will have to, our preferred terms in some way; thus again our sovereignty was/is not absolute.So sovereignty gives us the power to walk away from deals we do not like or compromise in their negotiation.It does NOT mean we always get our own way nor, to quote, 'have our cake and eat it'.Finally I would suggest that those on long term medication do what I have done and get extra stocks from the chemist.Selfish I know, but I do not want my health compromised by Johnson's idiotic self-regarding idiocies.
John Hawkes ● 1936d16 Comments