The British Prime Minister Theresa May made a speech this week in which she seemed to rule out EEA membership. Does that mean that EFTA cannot feature in the UK’s post-brexit future? We argue the answer is no – it must.
First off, membership of EFTA means we would be essentially signing a free trade deal with four countries at once. Norway, Iceland, Switzerland and Liechtenstein.
Secondly, as members of EFTA, we could apply to join their extensive Free Trade network – Currently, the EFTA States have 27 free trade agreements (covering 38 countries). This would at a stroke secure the UK’s post-brexit trading future. Continue reading Theresa May’s Speech