Brexit Agreement Norway: Is Norway the Model for Post-Brexit Britain?
Brexit has been a hotly debated topic not only in the United Kingdom but also across Europe. After years of negotiations, the UK finally left the EU on January 31, 2020. However, there is still a long way to go before the final Brexit deal is signed.
One possible model for post-Brexit Britain is Norway. Norway is not a member of the EU but is part of the European Economic Area (EEA), which gives it access to the EU`s single market. The UK could potentially follow a similar path by joining the EEA or negotiating a separate trade agreement with the EU.
The Pros of the Norway Model:
One of the primary benefits of the Norway model is that it provides access to the EU`s single market, which is the largest in the world. This means that UK businesses would be able to trade with the EU without facing tariffs or other barriers. Additionally, the UK would continue to benefit from the EU`s free movement of goods, services, capital, and people.
Another advantage of the Norway model is that it allows the UK to maintain some control over its own laws and regulations. Although Norway must comply with many EU regulations, it is not required to participate in the EU`s political institutions or be subject to its common agricultural or fisheries policies. This means that the UK would still be able to make some decisions independently.
The Cons of the Norway Model:
One of the biggest drawbacks of the Norway model is that it would require the UK to continue paying into the EU budget. Norway contributes to the EU budget, but it has no say over how the money is spent. This means that the UK would continue to pay into the EU even though it would have no power to shape its policies.
Another issue with the Norway model is that it would require the UK to continue accepting the free movement of people. This has been a contentious issue in the Brexit debate, with many Leave supporters arguing that the UK should have more control over its borders. If the UK were to join the EEA, it would be required to allow EU citizens to live and work in the UK without significant restrictions.
Overall, the Norway model provides one potential path for post-Brexit Britain. It offers access to the EU`s single market and allows for some degree of independence in decision-making. However, it also requires the UK to continue paying into the EU budget and accepting free movement of people.
As negotiations continue, it remains to be seen what path the UK will ultimately take. However, the Norway model provides an interesting case study for how countries can maintain a close relationship with the EU without being full members.