Options on the table for UK Brexit talks
As the 2017 Parliamentary election has resulted in a hung Parliament, Prime Minister Theresa May might look for softer options during Brexit negotiations with the EU.
The infographic highlights the multiple options on the table by revealing the difference between various European models.
Meanwhile, there are expectations that Britain could shift to the Norway model, which means joining the European Economic Area (EEA).
Members of the EEA have access to the single market in exchange for payments, while enjoy emergency brake on free movement of people.
However, Britain would abide to the EU’s rules regarding employment rights, without having an option to change them.
can’t veto a nation joining the EU. The U.K. would also have to tolerate
some continued oversight by the European Court of Justice and also send money
to Brussels,” according to Bloomberg.