Trade Knowledge Exchange > Knowledge > RoOs and Rules: Why the EEA is not the same as membership of the Single Market

RoOs and Rules: Why the EEA is not the same as membership of the Single Market

by Dr Peter Holmes
Rules of Origin, Diagonal Cumulation, Trade Origin, Trade knowledge, trade knowedge exchange, trade compliance, trade tools, barriers to international trade, effects of tariffs, brexit trade, brexit trade deals, post brexit trade deals, post-brexit trade deals, brexit trade, brexit trade deals, trade after brexit, brexit trade agreements, brexit analysis, trade analysis,

October 2016 – Authors: Peter Holmes from the UK Trade Policy Observatory.

This briefing paper summarises two issues that a post-Brexit United Kingdom would face if it re-joined the European Economic Area (EEA).

It introduces the concept of the EEA+EU as a ‘regulatory union’ within which products, once approved in one country, can circulate freely. Secondly, Rules of Origin (RoOs) — which in effect specify the domestic share of value-added — would need to be adhered to, raising concerns about the viability of supply chains with UK links.

Click the link to open the full article on regulatory union and rules of origin on the UKTPO‘s website in a new tab.