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Brexit LIVE: Brexit HANDBOOK issued with BRILLIANT one word answer to no-deal chaos
A GUIDE to tackle the widespread confusion spread by enemies of Brexit has been published by the eurosceptic pressure group Economists for Free Trade (EFT) which insists a no-deal scenario would be a very attractive option for Britain.
The handbook - A World Trade Deal: The Complete Guide - is backed by Jacob Rees-Mogg, chairman of the 60-strong European Research Group of Brexit-supporting Conservative MPs, and answers critics who ask if a no-deal scenario would spark chaos across the country with a simple one-word answer: "No!"
Mr Rees-Mogg, who launched the report in the Commons alongside EFT chairman Professor Patrick Minford and senior lawyer Martin Howe QC, said: Over the last 25 years exports to the EU from the four leading non-EU states have grown four times faster than exports from the UK under the single market.
This fact alone shows why we have nothing to fear from trading on WTO terms. It has succeeded in the past and offers exciting opportunities for the future.
Let Brexit mean Brexit and let us flourish under the auspices of the WTO.
The report also dismisses hysteria over alleged shortages of food and medicine under a world trade deal, pointing out that imposing non-tariff barriers to trade are illegal under WTO rules.
It warns: Armageddon-style predictions that the EU would freeze out British goods by refusing to recognise them as complying with EU standards in breach of WTO rules and in a worse way than it treats any other non-EU country are simply not realistic.
Commission statements contain large amounts of political posturing and should not be taken seriously.
Former Brexit Secretary David Davis, former Foreign Secretary Boris Johnson and former Tory leader Iain Duncan Smith were all in the present at the guides launch.
EFT said it was publishing the guide to address the widespread confusion spread by enemies of Brexit and insisted a no-deal scenario would be a very attractive option for Britain.
EU chief negotiator Michel Barnier said yesterday a Brexit deal was possible "within six or eight weeks" if negotiators were realistic in their demands.
His comments sent to pound soaring to a six week high.
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: https://www.express.co.uk/news/uk/1015855/brexit-latest-news-theresa-may-michel-barnier-EU-chequers-jacob-rees-mogg
