Tag Archives: Brexit

Squaring the Circle

Squaring the circle – the Single Market without free movement?

Can the UK after Brexit retain membership of the European Single Market without free movement (FoM)?

Short answer: No.

Long answer?: – read on…

The UK government white paper of February 2017 setting out its Brexit aims and objectives managed somehow to be simultaneously both clear and opaque:

“The Government will prioritise securing the freest and most frictionless trade possible in goods and services between the UK and the EU.  Continue reading Squaring the Circle

Brussels open to UK rejoining EFTA

In a recent article on the POLITICO.EU website it was reported that:

“Brussels is contemplating another way to keep U.K. trade going with the EU after Brexit that would also keep Britain under the EU umbrella — go the way of Norway. 

Brussels now has a plan B: The U.K. could temporarily become a member of the European Free Trade Association (EFTA) while both sides transition into their future relationship, a senior Commission official told POLITICO.   Continue reading Brussels open to UK rejoining EFTA

Defying Gravity

How to Defy Gravity?

 

 

“I don’t want it – No – I can’t want it Anymore;

Something has changed within me, something is not the same

I’m through with playing by the rules of someone else’s game.

Too late for second-guessing, Too late to go back to sleep

It’s time to trust my instincts, Close my eyes and leap!

It’s time to try, Defying gravity

I think I’ll try, Defying gravity

And you can’t pull me down!”

  • Wicked the Musical – ‘Defying Gravity’

 

In a recent report called ‘Can Global Britain Defy Gravity?’[1], trade experts Samuel Lowe and Grant Lewis have explored some of the issues which will be faced by Britain post-Brexit.

The report is well worth a read, and we urge you to do so before you continue reading.

The key parts of the report are reproduced below:

“…where leavers and remainers disagree is on the potential benefits that FTAs with non-EU countries offer relative to the cost that would be paid by losing membership of the world’s largest and deepest, multi-country single market. The following paper attempts to analyse whether it is indeed possible to offset the costs of losing Single Market (and Customs Union) membership via FTAs with other countries.  Continue reading Defying Gravity

Response to Barnier speech:

EFTA 4 UK response to speech by Michel Barnier, Chief Negotiator for the Preparation and Conduct of the Negotiations with the United Kingdom

In Brussels, on 22 March 2017 Monsieur Michel Barnier, Chief Negotiator for the EU in relation to Brexit negotiations made a speech which we would like to respond to.

 

Our commentary is in Bold.

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In the speech he said:

“Mr President, Ladies and Gentlemen,  Continue reading Response to Barnier speech:

Theresa May’s Speech

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. tmaybrexit

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

Norway open to UK return to EFTA?

Over the last few days, we have read several media reports that say Norway may be softening her views on a possible British return to EFTA. Readers of this page will know that three out of the four current member countries of EFTA have expressed an interest in the UK returning to the Bloc, with Norway as the exception. 

We hope that these reports are accurate and that the British Prime Minister begins informal talks with the EFTA countries as soon as possible, hopefully with formal talks to begin shortly after. 

Norway_flag

Reuters link to story: 

http://uk.reuters.com/article/us-britain-eu-efta-idUKKCN10T1E0

Express link to story:

http://www.express.co.uk/news/uk/701642/Norway-performs-U-turn-over-Brexit-and-hints-it-will-now-WELCOME-Britain-to-EU-trade-club

 

What happens next?

The UK has voted to leave the UK. 

The pollsters are in hiding, the Westminster parties are imploding and the media are asking – what comes next?

We don’t speak for the government or the official leave campaign, but we have some suggestions.

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First, some key points that need to be covered:

icelandflag

  •  The Icelandic Ministry for Foreign affairs has recently put out a press release, saying:

“During its meeting earlier today the Government of Iceland discussed the results of the British referendum on European Union membership and UK’s decision to leave the EU.  Continue reading What happens next?