Switzerland is unlikely to strike a deal with the European Union this year over a stalled partnership treaty, its economy minister said, extending an impasse that has hurt bilateral ties and disrupted cross-border share trading.
The slow pace of Brexit negotiations, and lack of clarity from Theresa May’s government on what its preferred trade arrangements with the bloc should be, has put membership of the European Free Trade Association (EFTA) back on the table as a possible ‘halfway house’ measure.
Honour on both sides of the Channel may have been satisfied, for now. The EU has a promise from London that it will pay around €40 billion and sufficient guarantees on the rights of EU citizens and the Irish border. And Prime Minister Theresa May has a commitment from Brussels to begin talks on a successor EU-UK trade deal.
One of the main proponents of British membership of the European Free Trade Association (EFTA) - a possible option for the UK's post-Brexit trade regime - quit on Wednesday (15 November) after 14 years at the helm of EFTA’s court.
To manage Brexit and prepare for what is to come, Andrew Duff argues for the creation of a new joint EU-UK court to settle the disputes that a joint EU-UK authority cannot resolve politically or technically.
The court of the European Free Trade Area (EFTA) could present a way-out for Britain as it seeks a new authority to arbitrate in disputes after it leaves the European Union, the president of the court said on Monday (21 August).