We must avoid this EU catastrophe

AS the arguments continue within and without the government regarding a possible Brexit, I would take this opportunity to provide readers with a few details from documents found this weekend on various web sites.

These are just some of the items from ‘The Lisbon Treaty’ which will come into force in 2020.

1) The UK, along with all existing members of the EU lose their abstention veto in 2020.

2) All member nations will become states of the new federal nation of the EU by 2022 with no exceptions or veto’s.

3) All member states must adopt the Euro by 2022.

4) The London stock exchange will move to Frankfurt and be intergrated into the EU stock exchange. (This has already been pre-agreed and is only on a holding pattern due to ongoing Brexit negotiations which, if Brexit happens the move is cancelled).

5) The UK will not be able to make its own trade deals.

6) The UK will lose control of its fishing rights.

7) The UK loses the ability to create its own laws and implement them.

8) The UK’s contribution to the EU is set to increase by an average of £1.2bn pa to £2.3bn pa.

There are many more restrictive clauses in this treaty and they make for compulsive reading.

If we want to avoid this catastrophe, then Brexit is the only option. Roger Lee

Pontcanna, Cardiff