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View Treaty - General Data

GENERAL DATA
Type of Agreement
Bilateral
Official Title
Agreement on the European Economic Area - Final Act - Joint Declarations - Declarations by the Governments of the Member States of the Community and the EFTA States - Arrangements - Agreed Minutes - Declarations by one or several of the Contracting Parties of the Agreement on the European Economic Area
Place of Signature
Oporto
Date of Signature
02/05/1992
Date of Entry Into Force
01/01/1994
Duration
Indefinite
Objective of Agreement
To establish a dynamic and homogeneous European Economic Area, based on common rules and equal conditions of competition and providing for the adequate means of enforcement including at the judicial level, and achieved on the basis of equality and reciprocity and of an overall balance of benefits, rights and obligations for the Contracting Parties.
Remarks
Since 1 May 2004, the European Economic Area (EEA) has united the 25 EU Member States and the three EEA EFTA States (Iceland, Liechtenstein and Norway) in an Internal Market governed by the same basic rules. These rules aim to enable goods, services, capital, and persons to move freely about the EEA in an open and competitive environment.

The objective of the EEA Agreement, as laid down in Article 1, is to promote a continuous and balanced strengthening of trade and economic relations between the contracting parties with a view to creating a homogenous European Economic Area.

In order to ensure the same conditions for businesses across the entire Internal Market, the EEA Agreement covers competition and state aid rules. It also contains horizontal provisions relevant to the four freedoms, as well as cooperation outside the four freedoms in areas such as research and technological development, information services, education, training and youth, employment, and civil protection, including EEA EFTA participation in EU programmes.

The EEA Agreement does not cover matters relating to the common agricultural and fisheries policies, foreign and security policy and justice and home affairs, which are covered where appropriate by bilateral agreements.

The Agreement has many accompanying protocols. It has been amended several times, one of the first amendments relating to the non-participation of Switzerland which voted against EEA membership in a referendum.

See the consolidated text and amendments to the Agreement on the EEA website:
http://secretariat.efta.int
OJ Number
L1
OJ Date
03/01/1994
OJ Page
3
Parties to the Agreement
European Economic Community
European Coal and Steel Community
Italy
United Kingdom
Spain
Iceland
Luxembourg
Greece
Finland
Germany
Liechtenstein
Sweden
Denmark
Belgium
France
Ireland
Norway
Portugal
Netherlands
Authentic Texts
Norwegian
English
Spanish
Dutch
Danish
Greek
Finnish
German
Swedish
Portuguese
French
Italian
Icelandic
Subject Matters
1016.4040.1474.4048-EC association agreement
1016.4040.1474.4048.5618-European Economic Area
811.3489-cooperation policy
806.3461.2901-ratification of an agreement
755-External Relations
7231.187-EFTA countries
Clause(s)
Management
Joint Committee
Joint Parliamentary Committee