Comments by "Luredreier" (@Luredreier) on "American Reacts to The European Union Explained" video.

0:52 They have left, but this video predates all of that. We also have a couple of countries quite far along the way towards joining.
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@andreanastacio9548 The EEC basically is a agreement that members of the EEC can trade in the same market and they have a desk with the EU that we'll be treated as inside the EU as far as trade is concerned. However we have to follow EU laws for the most part, we get a veto right to new laws passed by the EU, but politicians here have obviously been somewhat reluctant to test that right given the power difference involved. We also have exceptions to specific EU laws regarding fishing (the EU used to have some truly awful fishing laws allowing fish caught to be thrown over board and not be counted against the quotas saying how much fish you're allowed to fish, leading to overfishing. That has been changed now however, so that particular regulation isn't as big of a concern as it used to be, but it's still worrying that landlubbers are trying to make decisions about fishing in our waters that may cause the fish there to go extinct locally... Being outside the EU we're allowed to negotiate that desperately with the EU, we're forced to let them fish in our waters, and in return we're allowed to sell our fish to them. There's also a number of other areas that's relevant. The EU actually have stricter laws on fish farming then us, so that also plays a role. And so one and so forth. And yeah, er have to help pay into the EU budget as if we where a EU member, but benefi at from a lot of those programs... So yeah... Complicated.
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