The EEA-EFTA nations have to adopt new single market EU acquis without having a vote on its enactment in either the EU Council or the European Parliament. Clearly, this is a major drawback to the EEA-EFTA (or ‘Norway’) Brexit option. But equally clearly, just how big a drawback this is depends greatly on how much of the total EU acquis we would have to adopt, or perhaps more to the point, on how much of the acquis we would have to adopt compared to how much we currently adopt, given our various opt-outs.
Some of the estimates that have been given are:
- 6.5%, from David Oddson, Icelandic Minister for Foreign Affairs, 2005. 1
- 9%, from Nei til EU, the Norwegian anti-EU campaigning organisation. See their articles here and here.
- 21% from Richard North here.
- 28% from the 2012 Norwegian government report ‘Outside and Inside’, at page 795 of the Norwegian edition.
- ‘Approximately three-quarters’, from the same Norwegian report, at page 6 of the official English version of chapter 1, here and here.
- 80%, from Halldór Ásgrimsson, Icelandic Minister for Foreign Affairs, 2003. 2