Monday, 28 November 2016

UK's Single Market Membership Up For Debate: Courts Will Decide Final Outcome

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.

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