Is there a 10-year-rule to sort out trade?
20/05/2019
A number of obscure pieces of trade law have taken on near mythical status in the Brexit debate. One of them is Article 24 of the General Agreement on Tariffs and Trade (Gatt).
Mark Carney says it's a "myth" that the UK could maintain zero tariffs in a Brexit on WTO rules
03/04/2019
"Forget the fiction... it's absolute nonsense. It needs to be called out."
Peter Ungphakorn - thread re Art. 24 (GATT)
15/02/2019
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.
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?
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.
Unfortunately, both points raised by Jacob in this clip are incorrect. Firstly there isn’t a 10-year window under WTO rules that allow us to retain on our current trading arrangement with the EU.