Waving the flag for the Single Market after Brexit

Mark Seychell, MBB Senior Advisor for Internal Market and Legal Affairs

This Opinion Piece featured on The Sunday Times of Malta, on 19th May 2019.

There is little doubt that when we talk about the EU, one of the first things that springs to mind is the Single Market. It is probably fair to say that the creation and functioning of the Single Market is one of the, if not the, greatest achievement of the European Union. The implementation of complete freedom of movement of goods, capital, services and labour across such a vast and diverse market is unique and unparalleled. It should be celebrated for bringing out a completely new way that citizens go about their daily lives and revolutionising the way companies conduct business.

The Single Market provides the foundations on which the EU’s economic competitiveness can and must be built. Businesses require a strong Single Market in terms of internal homogeneity of rules and external strength in relation to global competition, opportunities and challenges.