European Economic Area (EEA)
Espace économique européen (EEE)
Espacio Económico Europeo (EEE)
1992-05-02 Porto Portugal
2 May 1992, Porto (Portugal), on signature of an Agreement between the H-XD0665 - European Community and the member countries of D-XD0766 - EFTA. Entered into force on 1 Jan 1994, for 5 countries on EFTA side (Sweden, Finland, Austria, Norway and Iceland) and the then 12 EU member states. For Liechtenstein, EEA Agreement entered into force on 1 May 1995. Switzerland remains outside following a referendum, Dec 1992. Sweden, Finland and Austria transferred from EFTA to the F-XF2147 - European Union (EU) on 1 Jan 1995. Cyprus, Czech Rep, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia joined 1 May 2004. Bulgaria and Romania joined 2007. Croatia joined 2014. EEA now consists of the 28 EU member states together with Iceland, Liechtenstein and Norway. It extends the E-XK0128 - EU Customs Union single market to the 3 participating EFTA / EEA countries.
Promote a continuous and balanced strengthening of trade and economic relations between the Contracting Parties so as to create a homogenous European Economic Area.
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EEA institutions ensure that EEA rules are observed and enforced and that EEA remains a homogenous economic area. Political direction is provided by E-XE2034 - EEA Council, which meets twice a year. E-XE1724 - EEA Joint Committee comprises representatives of EU and EFTA states. It is responsible for implementation and effective operation of the EEA Agreement and meets once a month at the senior official level. E-XE1715 - EEA Consultative Committee (EEA CC) works to strengthen contacts between social partners in European Union and EFTA states. E-XE2033 - EEA Joint Parliamentary Committee (EEA JPC) provides an opportunity for debate and dialogue between the EFTA Parliamentary Committee and F-XF0667 - European Parliament (EP). E-XE2442 - European Commission (EC) and E-XE3052 - EFTA Surveillance Authority (ESA) carry out surveillance of implementation of the EEA Agreement. F-XF5096 - EFTA Court and F-XF0668 - Court of Justice of the European Union (CJEU) provide judicial control.
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Type II ClassificationAvailable with paid subscription only.
Subjects *Available with paid subscription only.
UN Sustainable Development Goals **
UIA Org ID
** UN SDGs are linked to the subject classification.
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