The point about the proposed CU is that the EU demanded a "level playing field"
so that the UK could not gain an advantage by unfair competition without the rules that the EU must follow
That's why I see the similarities to a Norway--
Barnier shoe-horned in about 60 pages of SM rules the UK has to follow:^
workers rights - maternity, disability, working hours etc - environment, safety, product standards, food especially...
^
That is why the ERG hates this WA:^
Rules copied from the SM protect UK workers, the environment, the consumer^
It prevents an FTA with countries like the USA, which has rules which favour big business^
It removes FOM, but the ERG weren't genuinely bothered about that - their opposition to FOM is more for show^
^No it's not the SM
but it has a lot in common and is certainly not "just" a CU
It shadows the SM and the rules the UK has to follow would be updated dynamically as SM rules change
^
Barnier's Norway++ would have had all the SM plus most of the CU.
This WA has all the CU and most of the SM rules^
READ it through.
Remainer MPs hate it because it's not Remain
and because it stops FOM, also we lose our vote within the EU^
However, for business, the economy and travel under 3 months, most think there will be little change as far as our dealings with the EU go.
re non-EU trade deals & arrangements, the WA seems to be saying that the UK would be in effect taken under the EU wing and they will try to ensure the UK is treated as belonging to the EU.
That's one bit I'm not sure about - will all non-EU countries accept this, even with EU muscle applied ?