Norway may block UK return to European Free Trade Association - News Summed Up

Norway may block UK return to European Free Trade Association


Norway could block any UK attempt to rejoin the European Free Trade Association, the small club of nations that has access to the European single market without being part of the EU. If the UK joined, those trade agreements might have to be renegotiated and future trade deals would become more complex. Sources in the NLP said there was growing concern at the consequences for Norway if the UK joined Efta. One concern is that Norway, through Efta, has signed trade agreements with 38 countries, including Mexico, Canada, Colombia, Morocco, Kuwait and Qatar. Norway, in need of extra labour, does not oppose free movement, though the issue of asylum seekers and refugees is controversial.


Source: The Guardian August 09, 2016 14:10 UTC



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