A professional Negotiator’s (that’s me 🙂 ) commentary on Brexit
1) The strength of any negotiation position is always the walk away option: what each side can impose without agreement unilaterally aka what is technically called the BATNA or Best Alternative to a Negotiated Agreement
2) The strength of the UK’s BATNA took a major hit in the last week at G20 meeting, when the US (17% of world economy), Japan (5.6%), India (3%) stated the obvious: that the EU was a higher priority for a trade deal than the UK which was indeed at the back of the line
3) Japan went further and stated the consequences of Brexit if it involved loss of single market access for Japanese investment in the UK
4) Add in Theresa May’s souring of relations with China (14% of world economy) over nuclear power investment and of course the EU itself (12%…
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