Who are members of the EEA?
Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.
What does the European Economic Area do?
The European Economic Area (EEA) brings together the EU Member States and three of the EFTA States (Iceland, Liechtenstein and Norway). It was established by the EEA Agreement, an international agreement which enables these three EFTA States to participate fully in the Single Market.
What is EEA and EFTA?
Information about the three EEA EFTA States: Iceland, Liechtenstein and Norway. The 27 EU Member States, together with the three EFTA States Iceland, Liechtenstein and Norway, make up the EEA Contracting Parties (the 31 EEA States).
Why was the EEA created?
The European Economic Area (EEA) sought to remove obstacles in order to establish an area in which the four freedoms of movement of the internal market (persons, goods, services and capital) would apply, as well as what are known as ‘horizontal’ Community policies, in particular competition policy.
Is EEA part of UK?
The United Kingdom (UK) ceased to be a Contracting Party to the EEA Agreement after its withdrawal from the EU on 31 January 2020. This follows from the two-pillar structure and Article 126 of the EEA Agreement, which states that the EEA Agreement applies to the territory of the EU and the three EEA EFTA States.
Is USA an EFTA country?
The founding members of the EFTA were: Austria, Denmark, Norway, Portugal, Sweden, Switzerland, and the United Kingdom. Austria, Sweden, and Finland joined the EU in 1995 and thus ceased to be EFTA members.
Is UK a EFTA?
On 8 July 2021, the three EEA EFTA States (Iceland, Liechtenstein and Norway) signed a new free trade agreement with the United Kingdom (UK).
What is the agreement of EEA?
The EEA Agreement guarantees equal rights and obligations within the Internal Market for individuals and economic operators in the EEA. It provides for the inclusion of EU legislation covering the four freedoms — the free movement of goods, services, persons and capital — throughout the 30 EEA States.
Is UK a EEA?
Who are the members of the European Economic Area?
The European Economic Area (EEA) unites the EU Member States and the three EEA EFTA States (Iceland, Liechtenstein, and Norway) into an Internal Market governed by the same basic rules.
How does the European Economic Area ( EEA ) work?
European Economic Area (EEA) / Relations with the EU. The European Economic Area (EEA) unites the EU Member States and the three EEA EFTA States (Iceland, Liechtenstein, and Norway) into an Internal Market governed by the same basic rules. These rules aim to enable goods, services, capital, and persons to move freely about…
When was the European Economic Area set up?
The European Economic Area (EEA) was set up in 1994 to extend the EU’s provisions on its internal market to the European Free Trade Area (EFTA) countries. Norway, Iceland and Liechtenstein are parties to the EEA. Switzerland is a member of EFTA but does not take part in the EEA.
Who are the countries that are part of the EEA?
The EEA includes EU countries and also Iceland, Liechtenstein and Norway. It allows them to be part of the EU ’s single market. Switzerland is neither an EU nor EEA member but is part of the single market – this means Swiss nationals have the same rights to live and work in the UK as other EEA nationals.