4 November 2016
By Charles Brasted and Scott Macpherson, Hogan Lovells
What is the "Norway model"?
Norway is not a member of the EU, having voted against joining on two occasions. Its relationship with the EU has been vaunted as a possible model for a semi-detached UK; but what is that relationship? It is founded on Norway's participation in the European Economic Area (EEA) agreement with the EU, its various Member States, Iceland and Liechtenstein. The UK could not adopt the Norway model unilaterally. It would have to accede to the EEA agreement, which would require the unanimous agreement of the other EEA members.
Jurisdictions: United Kingdom