European Economic Area

HM Treasury written question – answered on 18th September 2017.

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Photo of Lord Lea of Crondall Lord Lea of Crondall Labour

To ask Her Majesty's Government whether, if the UK were to remain in the EEA by joining EFTA after leaving the EU, the annual cost to the UK in terms of liabilities to the EU would remain the same as if the UK had remained in the EU; and if not, what is their estimate of the reduction or increase in that cost.

Photo of Lord Bates Lord Bates The Minister of State, Department for International Development

The arrangements for withdrawal from the EU, including any financial or subsequent trading arrangements with the EU, will be a matter for the withdrawal agreement as part of the Article 50 process. The UK government is committed to working with the EU to reach a fair arrangement for Britain’s exit and the best deal for UK taxpayers.

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