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The European Economic Community (EEC) was a regional organisation created by the Treaty of Rome of 1957, [note 1] aiming to foster economic integration among its member states. It was subsequently renamed the European Community ( EC ) upon becoming integrated into the first pillar of the newly formed European Union (EU) in 1993.
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.
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.
Sweden; Non-EU members ... (EEC) upon its establishment in 1957 was the development of a common market offering free movement of goods, service, people and capital.
Furthermore, Austria had applied for full EEC membership in 1989, and was followed by Finland, Norway, Sweden, and Switzerland between 1991 and 1992 (Norway's EU accession was rejected in a referendum, Switzerland froze its EU application after the EEA agreement was rejected in a referendum).
In 1960 the European Free Trade Association (EFTA) was established and was formed by Austria, Denmark, Norway, Portugal, Sweden, Switzerland and the United Kingdom. These countries were often referred to as the Outer Seven, as opposed to the Inner Six of the founding members of the European Community (EC). [2]
Norway was a founding member of the European Free Trade Association (EFTA) in 1960, which was originally set up as an alternative to the European Economic Community (EEC), the main predecessor of the EU. Norway had considered joining both the EEC and the European Union, but opted to decline following referendums in 1972 and 1994.
Åland, an autonomous archipelago belonging to Finland, but with partial autonomy, located between Sweden and Finland, with a Swedish-speaking population, joined the EU along with Finland in 1995. The islands had a separate referendum on accession and like the Finnish mainland voted in favour.