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Old 29.02.2016, 14:05
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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It depends what you mean by 'simple trading partner' and 'basic EU requirements'.

If you mean things like safety regulations etc. then of course, these need to be complied with.
No, by basic EU requirements I mean stuff like free movement of goods, services, persons and capital, as well as competition and state aid rules plus conformance to the case law of the Court of Justice of the European Union.

UK was an early member of the EU so was able to negotiate away stuff like Schengen and the euro.

New EU trade partners like EFTA have to sign up to these basic EU requirements.

Maybe the UK will be able to negotiate something better but there is a big risk here that future conditions offered to UK will be stricter than today.
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