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The Treaty on European Union, commonly known as the Maastricht Treaty, is the foundation treaty of the European Union (EU). Concluded in 1992 between the then-twelve member states of the European Communities, it announced "a new stage in the process of European integration" [2] chiefly in provisions for a shared European citizenship, for the eventual introduction of a single currency, and ...
A multilateral free trade agreement is between several countries all treated equally, and creates a free trade area.Every customs union, common market, economic union, customs and monetary union and economic and monetary union is also a free trade area, and are not included below.
Following a Report of the Delors Commission in 1988, [275] the Treaty of Maastricht made economic and monetary union an objective, first by completing the internal market, second by creating a European System of Central Banks to coordinate common monetary policy, and third by locking exchange rates and introducing a single currency, the euro.
Ireland — a referendum to approve the Eleventh Amendment of the Constitution of Ireland, 18 June 1992, 69.1% in favour, turnout 57.3% France — 1992 French Maastricht Treaty referendum, 20 September 1992, 51.0% in favour, turnout 69.7% Denmark — The 1992 Danish Maastricht Treaty referendum, 2 June 1992, 50.7% against, turnout 83.1%
The European Communities (EC) were three international organizations that were governed by the same set of institutions.These were the European Coal and Steel Community (ECSC), the European Atomic Energy Community (EAEC or Euratom), and the European Economic Community (EEC), the last of which was renamed the European Community (EC) in 1993 by the Maastricht Treaty establishing the European Union.
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Between 1993 and 2009, the European Union (EU) legally comprised three pillars. This structure was introduced with the Treaty of Maastricht on 1 November 1993, and was eventually abandoned on 1 December 2009 upon the entry into force of the Treaty of Lisbon, when the EU obtained a consolidated legal personality.
The European Political Co-operation (EPC) was the common term for the co-ordination of foreign policy between member states of the European Communities (EC) from its inception in 1970 until the EPC was superseded by the new European Union's (EU) Common Foreign and Security Policy (CFSP) pillar upon the entry into force of the Maastricht Treaty in November 1993.