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Switzerland is a member of the European Free Trade Association (EFTA), and took part in negotiating the European Economic Area (EEA) agreement with the European Union. It signed the agreement on 2 May 1992, and submitted an application for accession to the EU on 20 May 1992.
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. They have agreed by the treaties to share their own sovereignty through the institutions of the European Union in certain aspects of government.
3 Switzerland is not an official member of EEA but has bilateral agreements largely with the same content, making it virtually a member. 4 Andorra, Monaco, San Marino and Vatican City are using the euro as their currency through a monetary agreement with the EU.
Switzerland is a founding member of the EFTA but not the European Economic Area (EEA). An application for membership in the European Union was sent in May 1992, but did not advance since rejecting the EEA in December 1992 [43] when Switzerland conducted a referendum on the EEA. Several referendums on the EU issue ensued; due to opposition from ...
Switzerland is not a member of the European Union and joined the United Nations very late compared to its European neighbours. Switzerland maintains diplomatic relations with almost all countries and historically has served as a neutral intermediary and host to major international treaty conferences. The country has no major dispute in its ...
In addition to the member states of the European Union, all member states of the European Free Trade Association, namely Iceland, Liechtenstein, Norway and Switzerland, have signed association agreements with the EU to be part of the Schengen Area.
Switzerland has said unrestricted access to the EU marketplace is the cornerstone of the plan, which aims to update existing accords with the single market, and seal new sectoral agreements in ...
Of the four major western European countries that are not EU members, Norway, Switzerland and Iceland have submitted membership applications in the past but subsequently frozen or withdrawn them, while the United Kingdom is a former member.