For anyone who did not see Newsnight last night, four scenarios were explored, in a case of Brexit:
1. A new arrangement where we negotiate for access to the Single Market, without Schengen, we don't pay into EU, and we pick and choose which regulation we accept. That was kicked into proverbial touch. Why would EU allow us an arrangement which they deny to their own members. It's nonsensical and would lead to a mass exit by all EU members arguing for the same arrangements.
2. Norway model, accept Schengen, pay into EU, access Single Market, accept all regulation without any say. UK would reject that. Why leave?
3. Switzerland model. EU would reject that because it's already broken. So why try a broken model?
4. Leave the Single Market and join WTO. It would take many, many years to replicate the current trade agreements that we currently enjoy, with the countries that already have agreements with EU. We'd struggle to continue to trade with EU. Our economy and exports would be decimated.
Additionally, an excellent point was made. In our Brexit negotiations, all 27 countries would be represented, with 27 different viewpoints, concerns and opinions. Germany may be concerned about manufactured trade, France may be concerned about food and livestock trade, Poland may be concerned about free movement of people, Greece may be concerned about free movement of capital, Eire would be concerned about all aspects, etc, etc.
These Brexit negotiations would so problematic as to drag on for a long time.
1. A new arrangement where we negotiate for access to the Single Market, without Schengen, we don't pay into EU, and we pick and choose which regulation we accept. That was kicked into proverbial touch. Why would EU allow us an arrangement which they deny to their own members. It's nonsensical and would lead to a mass exit by all EU members arguing for the same arrangements.
2. Norway model, accept Schengen, pay into EU, access Single Market, accept all regulation without any say. UK would reject that. Why leave?
3. Switzerland model. EU would reject that because it's already broken. So why try a broken model?
4. Leave the Single Market and join WTO. It would take many, many years to replicate the current trade agreements that we currently enjoy, with the countries that already have agreements with EU. We'd struggle to continue to trade with EU. Our economy and exports would be decimated.
Additionally, an excellent point was made. In our Brexit negotiations, all 27 countries would be represented, with 27 different viewpoints, concerns and opinions. Germany may be concerned about manufactured trade, France may be concerned about food and livestock trade, Poland may be concerned about free movement of people, Greece may be concerned about free movement of capital, Eire would be concerned about all aspects, etc, etc.
These Brexit negotiations would so problematic as to drag on for a long time.