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单词 european economic area
释义

European Economic Area


European Economic Area

n (Currencies) a free-trade area created in 1994 by an agreement between the European Free Trade Association (EFTA), excluding Switzerland, and the European Union (EU). Abbreviation: EEA

European Economic Area


European Economic Area:

see European Free Trade AssociationEuropean Free Trade Association
(EFTA), customs union and trading bloc; its current members are Iceland, Liechtenstein, Norway, and Switzerland. EFTA was established in 1960 by Austria, Denmark, Great Britain, Norway, Portugal, Sweden, and Switzerland.
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; European UnionEuropean Union
(EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community (EC), an economic and political confederation of European nations, and other organizations (with the same member nations)
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.

European Economic Area


Related to European Economic Area: European Economic Community, European Free Trade Association, European Union, Eurozone, EFTA, Schengen area

European Economic Area (EEA)

the territory covered by a series of agreements signed in 1992 between the EUROPEAN COMMUNITIES and their member states and the European Free Trade Association (EFTA) countries, designed to create the world's largest and most important integrated economic structure and to be a step towards the construction of a Europe based on peace, democracy and human rights. The EFTA organization was always in trouble when the UK, Denmark and the Republic of Ireland left to join the European Economic Community. EFTA is an intergovernmental organization promoting free trade and strengthening economic relations. EFTA's Member States are Iceland, Liechtenstein, Norway and Switzerland. Switzerland, while remaining inside EFTA is not in the EEA. The aim of the EEA is to implement the four freedoms on the basis of Community achievement to date - the ACQUIS COMMUNAUTAIRE. The EFTA countries have to help pay for the poorer European Union members. The EEA has a Council, and a Joint Committee. Various sub-committees operate and updating the agreement is now very regular as ever more EU law is adopted throughout the EEA.

European Economic Area


European Economic Area (EEA)

an alliance established in 1991 between. the member countries of the EUROPEAN UNION -and the EUROPEAN FREE TRADE ASSOCIATION (EFTA). The EEA's aim is to extend the EU's ‘single market freedoms’ in the flow of goods, services, capital and labour to include EFTA countries will adopt the harmonization directives currently being implemented under the SINGLE EUROPEAN ACT 1986.

European Economic Area (EEA)

a FREE TRADE alliance established in 1991 between the member countries of the EUROPEAN UNION (EU) and the EUROPEAN FREE TRADE ASSOCIATION (EFTA). The EEA's aim is to extend the EU's four ‘single market freedoms’ in the flow of goods, services, capital and labour to include EFTA. EFTA countries have adopted the harmonization directives being implemented under the SINGLE EUROPEAN ACT 1986.
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更新时间:2025/3/4 8:10:43