#Brexit: from #EU to #EFTA

“It’s easy to see some advantages of British membership. It’s a big country with a big economy,” – said Norwegian Prime Minister Erna Solberg,  seeing some advantages if Britain joined the four-nation European Free Trade Association (EFTA) after quitting the EU, qualifying past doubts about British membership.

One option could be to join EFTA, which Britain helped found but quit to enter the EU in 1973, though it is far from clear that is a path that Britain wants to follow.

However Solberg cited farming as one example of a possible conflict of interest. Britain exported food and drink worth 18 billion pounds ($24 billion) in 2015 while Norway imposes high import barriers to protect farmers in a country that stretches into the Arctic.

(source: Reuters)