What a mess. The Tories don't seem to have an agreed strategy and neither do Labour. They keep contradicting their own leaders or front benches.
Latest one being floated is the Associate EFTA membership. This is interesting but can seem confusing. So far I can tell...
- the EFTA has mirrored the Four Freedoms but this only applies between members of the EFTA.
- the EFTA are not in the Single Market in the same way we are. EEA countries are in the Single Market. There is a separate EEA-EFTA agreement to join the Single Market but this isn't as comprehensive as ours as things like fisheries, agricultural, etc are outside of it. It's a strip down then.
- the EFTA are not in the Customs Union.
- associate members of the EFTA are not bound by the Four Freedoms.
- being in the EFTA allows members to access all negotiated trade deals. I'm not clear on whether the EEA-EFTA agreement to access the Single Market allows them to access EU negotiated trade deals though but I suspect so as long as they are within the markets it covers.
- you can negotiate your own trade deals. I think its the Customs Union that prohibits this in the EU.
I'm not sure what we pay in for this associate membership without checking. It also is surely the case that it's not as good a deal as full membership?
Maybe it's a compromise? Maybe it's a bridge between voters? Maybe it's a transitional option until trade agreements are ready so that business is kept running without more uncertainty?
It's hard to work out anything when Fox & Hammond are contradicting each other and Labour can't give an answer either and hide behind bland speeches. A transitional deal makes sense in order to give more time as A50 isn't enough and the EU don't seem too interested in deals.