Even as UK prime minister Theresa May goes full steam away from EU's single market, senior judge touts compromise to give Britain some of EU's benefits without losing national sovereignty
bloomberg
12.02.2018
Carl Baudenbacher, the departing president of the European Free Trade Association's court, said the UK could quit the single market without losing sovereignty by "docking" at his own institution after turning its back on the EU's Court of Justice. In essence, this would mean using the Luxembourg EFTA Court as an arbiter for disputes under whatever trade pact the UK and EU agree upon.
Baudenbacher said it would allow the UK to free itself from the powers of the EU's top court and instead send a judge to the smaller Luxembourg-based EFTA Court housed in the Hemicycle Building in Kirchberg, used by Iceland, Liechtenstein and Norway, which operate their own trade bloc with access to the EU market. How it would work in reality would need to be hashed out in the Brexit negotiations, he said.