The UK's single market membership in the European Union
where non-EU members including Norway, Iceland and Liechtenstein participate is
up for debate between the UK and EU courts.
Should the EU courts leave the
matter to Parliament, pro-single market MPs promise to vote the UK's remain in
the single markets.
Analysts at British Influence have written to Brexit
Secretary David Davis about its position for a formanl judicial review of the
government's position. For the EU courts, there is an air of uncertainty
regarding the UK's European Economic Area membership as UK government lawyers
believe the UK has a different legal bind with the EEA and the EU membership
itself.
The EEA allows the UK to move its goods without paying for
tariffs. These include money and people having no additional costs to move in
and out in the European Union. The void of this membership could mean the UK
loses one of its largest markets as analysts expect post-Brexit upon the
outcome of an Exit vote.
Once the two sides settle the matter, the UK's MPs could
vote to stay in the single market to the UK's economic advantage. All EU member
states believe the UK will leave the EEA upon the invocation of Article 50 of
the Lisbon Treaty. The matter can only be settled if the UK finds it is a
member of the EEA legally independent on any binding or agreement stated on its
EU membership.
