Legally, however, “there is just no possibility (of that) as the EU stands,” she said, pointing to the Michel Barnier staircase of the available models. At the top is full membership, followed by looser forms of economic integration — European Economic Area (EEA) participation, Swiss-style bilateral accords, customs-union arrangements, and free-trade agreements. Canada is already on the bottom step with the Comprehensive Economic and Trade Agreement (CETA), an EU-Canada free-trade agreement provisionally in place since 2017.
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