Jason OMahony - Irish political blogger, Irish politics, EU politics
 

The Brexit deal the rest of the EU could live with.

Posted by Jason O on Jul 24, 2016 in Brexit Referendum, British Politics, European Union |

UK-EUThere’s going to come a time when the EU and UK have to get down to the specifics of a Brexit deal, something both sides can live with that minimizes disruption and allows both sides to move on. As it happens, a modified form of EEA membership for Britain looks like the most logical step, to include:

UK membership of the single market based on a contribution by UK taxpayers, with a discount on the figure of £350m per week given by the foreign secretary, Boris Johnson. Say £200m a week?

An emergency brake on freedom of movement which can be triggered by the UK government. However, the UK will have to pay the EU £350m for each week it is in operation, as compensation for EU citizens not going to the UK. Going on the 2014 figure of 209,000 EU citizens going to the UK this would amount to the UK government paying the EU £86,000 for each citizen who doesn’t go to the UK and pay taxes in the UK, which seems like an excellent deal for both parties. Europe gets €18,000,000,000 and the UK gets to keep the editor of the Daily Mail happy. Everybody wins.

An emergency brake on UK exports and the selling of financial services into our single market may be triggered by the European council.

Both the EU and the UK courts and parliament will be subject to an independent court tasked with ruling on the application of the new agreement.

The UK will be bound by the rules and regulations of the single market.

Britain will lose its seats in the council of ministers, commission and European parliament.

The agreement may be reviewed every five years.

All EU and UK citizens living in the EU/UK area at the time of acceptance of this agreement shall maintain the current rights of EU citizens.

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