jimbopm
Well-Known Member
If we vote to leave the EU, we have to renegotiate what relationship we have with them, we are not guaranteed to simply be part of the EEA, though that would appear to the be the most logical outcome.
If we are to assume that we would become part of the EEA, then here's what we would be looking at.
First, yes we would be able to maintain our free trade relationship with the EU. However we would still be compelled to trade goods to the EU under their regulations. We would have 'regulation without representation' meaning the EU could change the rules for EEA members and we would have no say. Failure to abide to by the EU regulations could mean suspension from the EEA. Furthermore, we would be out of the Common Agricultural policy, something which is of huge benefit to Wales and Northern Ireland and we would also be out of the Common Fisheries Policy, possibly re-igniting tensions over who gets to fish where and how much they are allowed to catch.
Secondly, becoming an EEA member would also make no difference whatsoever to Intra-EU immigration because it is condition of free trade to also allow the free movement of people, other EEA members already agree to this.
Thirdly, becoming an EEA member would reduce our contribution to the EU budget, currently 0.5pc of GDP. We would then have to negotiate a continued payment to the EU budget to remain an EEA member. Again 'contribution without representation'. So what would our new payment to the EU look like? well the likelyhood is that the EU would probably not settle for much less that what we contribute already as this would be politically toxic. So you're probably looking at a payment similar to what Norway currently make, which would save us just 9%. We would also lose our negotiated rebate.
In summary if we joined the EEA.
- Free Trade, still having to comply with EU trade regulations, no future influence on the shaping of such regulations.
- Withdrawal from the CAP at a huge detrement to Wales and NI, unless the UK government picked up the slack of the subsidies currently paid.
- NO change on intra-EU immigration
- A likely minimal reduction in the contribution to EU budget, without rebate nor any influence in how that budget is spent.
If we are to assume that we would become part of the EEA, then here's what we would be looking at.
First, yes we would be able to maintain our free trade relationship with the EU. However we would still be compelled to trade goods to the EU under their regulations. We would have 'regulation without representation' meaning the EU could change the rules for EEA members and we would have no say. Failure to abide to by the EU regulations could mean suspension from the EEA. Furthermore, we would be out of the Common Agricultural policy, something which is of huge benefit to Wales and Northern Ireland and we would also be out of the Common Fisheries Policy, possibly re-igniting tensions over who gets to fish where and how much they are allowed to catch.
Secondly, becoming an EEA member would also make no difference whatsoever to Intra-EU immigration because it is condition of free trade to also allow the free movement of people, other EEA members already agree to this.
Thirdly, becoming an EEA member would reduce our contribution to the EU budget, currently 0.5pc of GDP. We would then have to negotiate a continued payment to the EU budget to remain an EEA member. Again 'contribution without representation'. So what would our new payment to the EU look like? well the likelyhood is that the EU would probably not settle for much less that what we contribute already as this would be politically toxic. So you're probably looking at a payment similar to what Norway currently make, which would save us just 9%. We would also lose our negotiated rebate.
In summary if we joined the EEA.
- Free Trade, still having to comply with EU trade regulations, no future influence on the shaping of such regulations.
- Withdrawal from the CAP at a huge detrement to Wales and NI, unless the UK government picked up the slack of the subsidies currently paid.
- NO change on intra-EU immigration
- A likely minimal reduction in the contribution to EU budget, without rebate nor any influence in how that budget is spent.