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M O R G A N A To: Rue de la Loi/Wetstraat 175
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I T ´ S A B O U T B A L A N C E B-1048 Bruxelles/Brussel
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To: The President of the European Council Donald Tusk.
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N Regarding: Getting Brexit Through UK Parliament.
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Monday, 21st October 2019.

Enclosed is a copy of a letter that I have sent to the President of the European Commission
Jean-Claude Juncker. The letter explains the issues with passing the Brexit withdrawal bill
through the parliament of the United Kingdom and the need to maintain the existing trade
agreement between the European Union and the United Kingdom after Brexit. Problems seen
in the Asian economy provide a justification and need to uphold the existing trade agreement.

Kind Regards.

Peter James Rhys Morgan.

Website: morganisteconomics.blogspot.co.uk
Copyright © 2019 Peter James Rhys Morgan.
P J R M I
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M O R G A N A To: European Commission
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I T ´ S A B O U T B A L A N C E Rue de la Loi / Wetstraat 200
U 1049 Brussels
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Belgium
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To: The President of the European Commission Jean-Claude Juncker.
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N Regarding: Getting Brexit Through UK Parliament.
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Monday, 21st October 2019.

I am an independent macroeconomist who develops tools and policies to enable progress. I

supported many of the European Union member states throughout the Euro Crisis and have
continued my support throughout the Brexit process. I also support the British government
and work with all of the major political parties. The responses to my correspondence with the
political parties in the United Kingdom indicate it will be difficult to pass a Brexit withdrawal
bill through parliament, unless the existing trade deal with the European Union is maintained.

The Scottish government claim the failure to continue with the existing trade deal between
the European Union and the United Kingdom after Brexit could reduce their Gross Domestic
Product by £9 billion per year. This potential reduction in economic output is a deterrent in
the currently offered Brexit withdrawal bill to many of the members of parliament. If the
European Union was to offer to maintain the existing trade deal with the United Kingdom
after Brexit the new terms of withdrawal would be far easier to pass through parliament.

It is in the best interests of the European Union to maintain the existing trade deal with the
United Kingdom to eliminate any risk that a new less prosperous trade deal could generate.
Risk elimination has become of greater importance due to the destabilising Global economy.
The Asian markets in particular have become weakened with China experiencing tightened
credit conditions. Singapore has also entered into a tough period with a nine percent increase
in government debt in the last three years and the Indian banking sector has been in decline.

The Global economy has weakened since Brexit started, which allows for a movement in the
agreed trade deal between the European Union and the United Kingdom after Brexit to help
stabilise the economy of the whole world. The continuation of the existing trade deal between
the European Union and the United Kingdom after Brexit would be in the best interests of the
European economy, the British economy and the Global economy too. It would be a prudent
act on behalf of the European Commission to offer maintaining the full existing trade deal.

Kind Regards.

Peter James Rhys Morgan.

Website: morganisteconomics.blogspot.co.uk
Copyright © 2019 Peter James Rhys Morgan.