While the EU remains an attractive proposition for other European countries, such as the recent addition of Latvia as a Member State, the UK however does not regard Europe as a flourishing economy that it joined 40 years ago.
It is no secret that the euro-zone has suffered an economic crisis. This has lead to a lack of dynamism between Europe and the UK as countries that use the single currency are bound tighter together, leaving the British people insecure with regards to uncontrolled immigration issues and single EU market demands. Eurosceptics believe the UK should withdraw from the EU despite a lack of precedence for such an event. However, political leaders are of the opinion that the UK does not require to leave the EU but rather review the terms of EU relationship altogether.
This paper therefore contributes to the research of public international law by examining the issues surrounding the supremacy of the EU within the UK as a Member State, the withdrawal of the UK, with a view to its success and consequences/risks involved, the withdrawal process in terms of Article 50 of the Lisbon Treaty and the options available for the UK to continue its relationship with the EU or consider an EFTA or EEA relationship much to that of its counterparts such as Norway or to leave both the EU and the single market altogether, but attempt to recreate a free-trade relationship through bilateral agreements, similar to that of the Swiss model.
This research will therefore demonstrate the UK’s position as an EU member and the challenges the UK faces with regards to its stability and future as a country within the global financial economy.
TABLE OF CONTENTS
Chapter 1. Introduction
1.1 Scope
1.2 Outcome
Chapter 2. The role of EU, its purpose and effects on the UK’s legal system
2.1 The EU - European Community - European Communities
2.2 The accession of the UK to the EU
2.3 Historical development of the European Community and European Community law
2.4 The nature of the EU
2.5 Supremacy of the EU
2.6 Supremacy of the EU over the UK
Chapter 3. The EU assisted the UK for the better
3.1 EU supremacy assisted the UK for a greater and stronger EU internal market
3.2 The EU’s effect on the UK
3.3 The procedure to withdraw from EU membership
3.4 The UK’s Options
3.5 The effect of leaving the EU on businesses in the UK
3.5.1 Argument against the withdrawal of the UK
3.5.2 Argument for the withdrawal of the UK
3.5.3 An alternate option
3.5.4 Impact on the world
Chapter 4. The separation of the UK from the EU
4.1 The withdrawal process
4.1.1 The EU and UK withdrawal agreement
4.1.2 Implementations of the withdrawal agreement in the UK
4.1.3 The rights of businesses and individuals - follow the Greenland example
4.1.4 The EFTA or EEA as an option
4.1.5 Define the EFTA and EEA
4.2 The Norwegian or Swiss model
4.2.1 Norwegian Model
4.2.2 Swiss Model
4.2.3 A renegotiation of terms
4.2.4 Conclusion
Bibliography
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