The main features of the EEA Lite Agreement,
which include modifications to the EEA Regular Agreement, include:
The UK will leave the European Union as a
member and rejoin the European Free Trade Area (EFTA), which the UK co-founded
in 1960 to counterbalance the formation of a more protectionist European
Community.
The UK and EU will enjoy the benefits of trade
and economic co-operation. The EEA Lite Agreement will remain true to the main
features of the EEA Regular Agreement. The first 10 points (out of 46) are:
1. Secure the main Objectives of the EEA
Agreement: the 4 Freedoms: Freedom of Goods, Freedom of Services, Freedom of
Capital and Freedom of Peoples - but with caveats that make Freedom of Persons
essentially a Freedom of Workers, for workers and students, and introduce a new
visa system for EU citizens, where required, and restrictions on welfare
benefits limiting them to a contributory basis only.
2. Ensure competition is not distorted and the
rules are equally respected.
3. Deliver close co-operation in other areas
such as research and development, education and the environment.
4. Work to World Trade Organisation guidelines
such as the World Customs Organisation’s Harmonized Commodity Description and
Coding System and Rules of Origin (i.e. establishing where goods were made
where multinational input).
5. Be subject to a 2 year review period.
6. Be a customs free area.
7. Have no quantitative restrictions on imports
or exports (i.e. no quotas).
8. Allow prohibitions or restrictions based on
grounds of public morality, public policy or public security, on health
grounds, national treasures or protecting industrial or commercial property,
but without arbitrary discrimination or disguised restrictions.
9. Not allow internal taxation as means of
protectionism.
10. Not allow discrimination by State
monopolies, or any unfair State trade practices.
from "Time to Jump" by David Campbell Bannerman MEP
http://www.amazon.co.uk/Time-Jump-Positive-Independent-Agreement/dp/1909698512/ref=sr_1_1?ie=UTF8&qid=1396289029&sr=8-1&keywords=bretwalda+time+to+jump
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