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The European Economic Area (EEA) was established via the Agreement on the European Economic Area, [4] ... In the late 1980s, the EFTA member states, led by Sweden, ...
1 These countries are currently not participating in the EU's single market (EEA), but the EU has common external Customs Union agreements with Turkey (EU-Turkey Customs Union in force since 1995), Andorra (since 1991) and San Marino (since 2002). Monaco participates in the EU customs union through its relationship with France; its ports are ...
EEA: The European Economic Area, which contains the European Union countries, plus Norway, Iceland and Liechtenstein; EAEU: Eurasian Economic Union, an economic union of Belarus, Kazakhstan, Russia, Armenia, Kyrgyzstan and observer members Moldova, Uzbekistan and Cuba.
The European Union (EU) is a political and economic union of 27 member states that are party to the EU's founding treaties, and thereby subject to the privileges and obligations of membership.
The special territories of members of the European Economic Area (EEA) are the 32 special territories of EU member states and EFTA member states which, for historical, geographical, or political reasons, enjoy special status within or outside the European Union and the European Free Trade Association.
An EEA Council meets twice yearly to govern the overall relationship between the EEA members. Rather than setting up pan-EEA institutions, the activities of the EEA are regulated by the EFTA Surveillance Authority and the EFTA Court. The EFTA Surveillance Authority and the EFTA Court regulate the activities of the EFTA members in respect of ...
The single market has been extended, with exceptions, to Iceland, Liechtenstein, and Norway through the agreement on the European Economic Area (EEA) and to Switzerland through sectoral bilateral and multilateral agreements. The exceptions, where these EFTA states are not bound by EU law, are: [155]
The European Economic Area (EEA) agreement allows Norway, Iceland and Liechtenstein to have access to the EU's internal market and vice versa. The four basic freedoms (goods, services, people, and capital) apply. However, some restrictions on fisheries and agriculture take place.