Politico learned about the “Norwegian option” of a British exit from the EU

In Brussels worked out a “sparing” the plan of a British exit from the EU, which will preserve the current business relationships and will cause significant damage to businesses on both sides of the English channel, writes Politico, citing a senior diplomatic sources.

The paper calls the plan the “Norwegian option”, since it is based on the model of the current cooperation between Norway, Iceland, Liechtenstein and Switzerland with the EU that are not members of the Union, have free access to its markets, capital, services and labour.

First, the UK will become a member of the European free trade Association (EFTA) that includes Norway, Iceland, Switzerland and Liechtenstein.

This step will allow the UK in the future to apply for admission to the European economic area (EEA) and get free access to the single market of the European Union.

“This is a temporary solution that will bring the least possible inconvenience for businesses on both sides of the English channel”, — explained the European diplomat.

The publication notes that the plan may be rejected by the consistent supporters of Brexit, as in this case London will have to agree with the four fundamental EU freedoms-the free movement of goods, services, capital and people. The desire to get full control over immigration policy was for many participants of the referendum, the main incentive to vote for an exit from the European Union.