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The EEA links the EU member states and three of the four EFTA states (Iceland, Liechtenstein, and Norway) into an internal market governed by the same basic rules.
The European Union (EU) and European Economic Area (EEA) - which countries are in the EU and EEA, the single market and free movement of goods, capital, services and people.
The EEA is currently composed of all 27 EU countries (including Croatia, which enjoys provisional status while its membership awaits full ratification) and the three EFTA countries of Iceland, Liechtenstein, and Norway.
Created in 1994, the European Economic Area (EEA) combines the countries of the European Union (EU) and member countries of the European Free Trade Association (EFTA) to facilitate participation in the European Market trade and movement without having to apply to be one of the EU member countries.
The European Economic Area (EEA) Agreement is an agreement made in 1992 that brought the European Union (EU) member countries and three of the European Free Trade Association (EFTA)...
What are the 27 countries that are Member States of the European Union (EU)? Which countries make up the EEA and the EFTA? Which countries are members of the Schengen Area? See the lists of countries below.
Learn about the EEA Agreement between 27 EU member states and three European Free Trade Association (EFTA) nations: Iceland, Liechtenstein, and Norway.
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. The EEA’s parties are Norway, Iceland and Liechtenstein. Switzerland is a member of EFTA but not of the EEA.
Under the agreement, the EFTA members contribute towards reducing economic and social disparities between EEA regions — 16 EU countries currently benefit. These EEA grants are jointly financed by Iceland, Liechtenstein and Norway, each contributing according to their size and wealth.
What is the European Economic Area? The European Economic Area (EEA) unites the 28 EU Member States and the three EEA EFTA States (Iceland, Liechtenstein and Norway) in an Internal Market governed by the same basic rules.