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The EU Common Fisheries Policy is an important reason why Greenland, Norway and Iceland stay outside the EU. There was hope that the Icelandic negotiations on EU membership 2011–2013 could create an exception to the policy but the negotiations never got that far. "Gigantic Arctic possibilities" refers to natural resources such as mining.
The changing membership of the EU. Greenland is the large island at top left. After being a part of the European Communities (EC) for twelve years, Greenland withdrew in 1985. It had joined the EC in 1973 as a county of Denmark, even though a majority in Greenland was against joining.
A Treaty on Greenland's withdrawal from the Community was made – the Greenland Treaty – declaring Greenland as a “special case”. This "special case" provided a fisheries agreement between the parties in which the European Community and later the European Union kept its fishing rights and Greenland kept its financial contribution as ...
Greece, already an associate member (the first) since 1961, applied to join the community on 12 June 1975 following the restoration of democracy. It joined on 1 January 1981. [8] In 1985, after gaining home rule from Denmark, Greenland left the community following a referendum but remained an overseas territory. Following on from Greece, and ...
Ireland, while an independent state, was economically dependent on the UK, which accounted for nearly 75% of Ireland's exports, as codified in the Anglo-Irish Free trade agreement of 1966. [ 1 ] In 1960 the European Free Trade Association (EFTA) was established and was formed by Austria , Denmark , Norway , Portugal , Sweden , Switzerland and ...
However, EU law largely does not apply to Greenland except in the area of trade. Greenland is designated as a member of the Overseas Countries and Territories (OCT) and is thus officially not a part of the European Union , though Greenland can and does receive support from the European Development Fund , Multiannual Financial Framework ...
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The special territories of members of the European Economic Area (EEA) are the 32 special territories of EU member states and EFTA member states which, for historical, geographical, or political reasons, enjoy special status within or outside the European Union and the European Free Trade Association.