Book contents
- Frontmatter
- Contents
- Acknowledgements
- Abbreviations
- Contributors
- Foreword
- Europe endless – Kraftwerk
- Introduction
- 1 Lessons from the Past? The 1954 Association Agreement between the UK and the European Coal and Steel Community
- 2 From the European Free Trade Association to the European Economic Community and the European Economic Area: Portugal’s Post-Second World War Path
- 3 Norway and the European Economic Area: Why the Most Comprehensive Trade Agreement Ever Negotiated Is Not Good Enough
- 4 Switzerland: Striking Hard Bargains with Soft Edges
- 5 The Customs Union between Turkey and the European Union
- 6 Ukraine: The Association Agreement Model
- 7 Canada and the Comprehensive Economic and Trade Agreement
- 8 The World Trade Organization Model
- 9 “Singapore on the Thames”
- 10 The United Kingdom and the Comprehensive and Progressive Trans-Pacific Partnership
- 11 Australia (and New Zealand) after the 1973 “Great Betrayal”
- 12 What Future for the Crown Dependencies, Overseas Territories and Gibraltar?
- 13 The Protocol on Ireland/Northern Ireland: A Flexible and Imaginative Solution for the Unique Circumstances on the Island of Ireland?
- 14 EU–UK Security Relations after Brexit
- 15 The UK Still In Europe? Is the UK’s Membership of the Council of Europe In Doubt?
- Afterword
- Index
3 - Norway and the European Economic Area: Why the Most Comprehensive Trade Agreement Ever Negotiated Is Not Good Enough
Published online by Cambridge University Press: 20 December 2023
- Frontmatter
- Contents
- Acknowledgements
- Abbreviations
- Contributors
- Foreword
- Europe endless – Kraftwerk
- Introduction
- 1 Lessons from the Past? The 1954 Association Agreement between the UK and the European Coal and Steel Community
- 2 From the European Free Trade Association to the European Economic Community and the European Economic Area: Portugal’s Post-Second World War Path
- 3 Norway and the European Economic Area: Why the Most Comprehensive Trade Agreement Ever Negotiated Is Not Good Enough
- 4 Switzerland: Striking Hard Bargains with Soft Edges
- 5 The Customs Union between Turkey and the European Union
- 6 Ukraine: The Association Agreement Model
- 7 Canada and the Comprehensive Economic and Trade Agreement
- 8 The World Trade Organization Model
- 9 “Singapore on the Thames”
- 10 The United Kingdom and the Comprehensive and Progressive Trans-Pacific Partnership
- 11 Australia (and New Zealand) after the 1973 “Great Betrayal”
- 12 What Future for the Crown Dependencies, Overseas Territories and Gibraltar?
- 13 The Protocol on Ireland/Northern Ireland: A Flexible and Imaginative Solution for the Unique Circumstances on the Island of Ireland?
- 14 EU–UK Security Relations after Brexit
- 15 The UK Still In Europe? Is the UK’s Membership of the Council of Europe In Doubt?
- Afterword
- Index
Summary
The “Norway Option” was a term that cropped up repeatedly in the UK's Brexit debates. Possibly this caused some confusion to a good number of Britons, but for many the term became a shortcut for the idea of the United Kingdom remaining in the Single Market without being a member of the EU. That is the deal that Norway and Iceland (since 1994) and Liechtenstein (since 1995) have with the EU, via their participation in the 1994 European Economic Area (EEA) Agreement. These three states are in the European Free Trade Association (EFTA), and are known as the EEA EFTA states. Switzerland is also in EFTA, but it is not in the EEA, having opted not to join after a referendum in 1992. Switzerland has its own very different arrangement with the EU, managed through numerous bilateral agreements, as Georges Baur describes in Chapter 4.
The EEA agreement is complex and unique. There is no other trade agreement between trading partners anywhere in the world that comes close to resembling it. Perhaps the most remarkable aspect of the agreement is that its negotiation is perpetual. It is never completely or finally negotiated. This is because every time the EU legislates to update and improve the Single Market, the EU and the EFTA states talk with each other to see whether and how that legislation should be incorporated into the EEA Agreement. Together, each year, the EU and the EEA EFTA states make several hundred Joint Committee Decisions (JCDs), with or without technical adaptations, to incorporate EU legal acts into the EEA Agreement. It is the only example of a dynamic trade agreement that ensures homogeneity of market conditions between the parties to the agreement. “Dynamic” and “homogenous” are central terms in EEA parlance, because they uphold the principle of a level playing field that is an essential requirement for full participation in and integration into the Single Market.
WHY A EUROPEAN ECONOMIC AREA?
A question that has not been asked enough by participants in the Brexit debate is why the EEA Agreement came into being in the first place.
- Type
- Chapter
- Information
- Outside the EUOptions for Britain, pp. 33 - 46Publisher: Agenda PublishingPrint publication year: 2020