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Mark Carney debunks the counterfactual claim made by leading Brexiters, including Boris Johnson, that Art. 24 of GATT allows for continued free trade with the EU after a no deal exit.
"Forget the fiction... it's absolute nonsense. It needs to be called out."
I heard the debate on your show between @CatherineMEP and @Nigel_Farage this morning. Mr Farage falsely stated that we can "apply Article XXIV of GATT", and trade as now for two years.
Steve Anglesey and TNE digital editor Jono Read discuss the conspiracy theories surrounding Tory favourite Boris Johnson’s bizarre interview about painting wine crates and why Gatt Article 24 won’t solve a no-deal Brexit.
Supporters of Brexit are “completely wrong” if they think recourse to an obscure trade rule will stop tariffs springing up overnight if Britain leaves the European Union without a deal, EU Trade Commissioner Cecilia Malmstrom said on Friday.
Dmitry Grozoubinski joins Adrian Chiles and his guests to talk through the implications of No-Deal Brexit.
“Article 24 of the World Trade Organisation treaty allows us to continue to trade with Europe on zero tariffs while we negotiate a free trade arrangement.” Statements like this keep returning to the political debate ...
“We want to use GATT Article 24” means “We want a free trade agreement in goods that complies with WTO rules”. It doesn’t say much.
I rebutted @DCBMEP's original thread. He deleted most of it and retweeted it here. So here's my original rebuttal thread on why he's wrong, slightly elaborated.
Negotiator and trade expert Dmitry Grozoubinski explains the reality of No Deal. / What’s in the WAB and has any May idea ever died quite so quickly? Final learnings from the EU Election campaign that everyone pretended never was. The pros and cons of milkshaking. Astroturfing for fun and profit.
As the Tory leadership race is buried under an avalanche of dead cats, we’re joined by political analyst Brian Klaas – assistant professor of global politics at UCL, expert on authoritarianism... / Ian tells you how to destroy the GATT 24 argument in less than 30 seconds. How Boris Johnson’s June 26 2016 column was the ur-text of Brexit lies.
Terrifying ignorance by the ERG’s @ABridgen, saying UK can get ten years on zero tariffs to agree an FTA by “instigating GATT24”, being told by @NickBoles the WTO have already ruled out that option...
Conservative MP Jacob Rees-Mogg was wrong about this but he’s never corrected his mistake, and the myth persists. What is the claim and why is it wrong?
The latest attempt by hardline Brexiters to dress up a no-deal exit as acceptable should be put out of its misery now.
As our prime minister and the no-deal zealots of his cabinet revel in Brexit brinkmanship it is worth recalling the legal realities of what threatens to be our post Halloween world.
Does the World Trade Organization (WTO) have a magic legal provision, one that Britain can use to get out of the “no-deal” Brexit jail?
Trade experts have poured cold water on the idea that Britain could invoke an obscure clause in the international trade rules if it leaves the European Union without an agreement, but they say the claim keeps resurfacing to justify a no-deal Brexit.
Johnson, frontrunner in Tory leadership race, admitted he 'did not know' detail of WTO rule he planned to invoke.
So here's a story about how Jacob Rees-Mogg's nonsense can travel halfway around the world before the fact-checkers have got their boots on.