T
The Byre
There is another very important aspect to this entire debate and that is the existing treaties that the EU has with FTA and EEA countries.
FTA+ and EEA- are not options the EU can give. The reason is that if the EU gives the UK an FTA+ style agreement, it is bound by its other FTA agreements to extend the same privileges granted in the FTA+ style agreement to the UK to those countries as well. So Japan, Singapore, Canada, etc will then also get financial services included in their FTAs. The EU can’t reasonably offer this.
As for EEA-, any limits on EU nationals coming to work would likewise need to be extended to the EFTA/EEA partners and basically bring an end to the EEA’s single market.
The EU is bound by existing treaties to which the UK is at present a party and should be fully aware of. These treaties expressly prevent a 'Norway-Light' or a 'Canada-Plus' compromise.
In short - there can be no choice other than Remain, Norway, or No Deal. A simple FTA is out, because that would mean a boarder between NI and the Rest-UK.
So once again, No Deal is the only likely outcome. It's either that, or give up on the whole project.
FTA+ and EEA- are not options the EU can give. The reason is that if the EU gives the UK an FTA+ style agreement, it is bound by its other FTA agreements to extend the same privileges granted in the FTA+ style agreement to the UK to those countries as well. So Japan, Singapore, Canada, etc will then also get financial services included in their FTAs. The EU can’t reasonably offer this.
As for EEA-, any limits on EU nationals coming to work would likewise need to be extended to the EFTA/EEA partners and basically bring an end to the EEA’s single market.
The EU is bound by existing treaties to which the UK is at present a party and should be fully aware of. These treaties expressly prevent a 'Norway-Light' or a 'Canada-Plus' compromise.
In short - there can be no choice other than Remain, Norway, or No Deal. A simple FTA is out, because that would mean a boarder between NI and the Rest-UK.
So once again, No Deal is the only likely outcome. It's either that, or give up on the whole project.
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