U.K. Should Consider EFTA Deal to Kick-Start Post-Brexit Trade: Think Tank
- Swiss foreign-policy think tank Foraus publishes paper
- Association agreement with EFTA would give U.K. trade access
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Britain should consider a pact with the European Free Trade Association to kick-start its post-Brexit trading relations with 38 nations, according to Foraus, a think tank focused on Swiss foreign policy.
The U.K. could emulate the association agreement Finland had with EFTA for 25 years until 1986, said Cenni Najy, a Geneva-based senior policy fellow at Foraus. Such a setup would give Britain access to EFTA’s free-trade arrangements, without committing it to the free movement of people permitted between full members Switzerland, Norway, Iceland and Liechtenstein, he said.