Will we have any say over the rules?
Critics argue that if we leave and rejoin EFTA we will still “have to obey EU rules”.
Let’s be clear – the EU has very little influence over EFTA states.
The EFTA states are exempt from most of the contentious EU policy areas such as:
- Common Agriculture and Fisheries Policies
- Customs Union
- Common Trade Policy
- Common Foreign and Security Policy
- Justice and Home Affairs
- Monetary Union (EMU)
The areas in which the EU does have control are largely those to do with the single market, product standards and regulations. In many cases these rules are simply European interpretations of standards agreed at regional or global standard-setting bodies.
In an echo of the UK’s last referendum on Europe in 1975, 58 per cent polled for think tank the Bruges Group said they would prefer the UK to be part of the European Free Trade Association (EFTA).
According to the Opinium poll, 52 per cent preferred EFTA over EU membership.
Brexit vote could trigger European free market ‘chain reaction’, say Swiss and Icelandic MPs
A British exit from the EU could spark a free market “chain reaction” across the continent, encouraging countries such as Denmark and Sweden to take control of their own destiny.
Politicians from Switzerland and Iceland’s largest parties claim the UK would be able to stand outside of the EU, dismissing the idea that it could be left isolated as “nonsense”.
Rather, Britain could emerge from the EU to enjoy a free-trade only relationship and become more prosperous, they argue. READ MORE