What does european economic area mean?

Definitions for european economic area
eu·ro·pean eco·nom·ic area

This dictionary definitions page includes all the possible meanings, example usage and translations of the word european economic area.


  1. European Economic Area

    The European Economic Area (EEA) was established via the Agreement on the European Economic Area, an international agreement which enables the extension of the European Union's single market to member states of the European Free Trade Association. The EEA links the EU member states and three EFTA states (Iceland, Liechtenstein, and Norway) into an internal market governed by the same basic rules. The United Kingdom benefits from this relationship during the transition/implementation period planned by the treaties. These rules aim to enable free movement of persons, goods, services, and capital within the European Single Market, including the freedom to choose residence in any country within this area. The EEA was established on 1 January 1994 upon entry into force of the EEA Agreement. The contracting parties are the EU, its member states, and Iceland, Liechtenstein, Norway, and the United Kingdom.The EEA Treaty is a commercial treaty and differs from the EU Treaties in certain key respects. According to Article 1 its purpose is to "promote a continuous and balanced strengthening of trade and economic relation". The EFTA members do not participate in the Common Agricultural Policy or the Common Fisheries Policy. The right to free movement of persons between EEA member states and the relevant provisions on safeguard measures are identical to those applying between members of the EU. The right and rules applicable in all EEA member states, including those which are not members of the EU, are specified in Directive 2004/38/EC and in the EEA Agreement.The EEA Agreement specifies that membership is open to member states either of the EU or of the EFTA. EFTA states that are party to the EEA Agreement participate in the EU's internal market without being members of the EU or the European Union Customs Union. They adopt most EU legislation concerning the single market, with notable exclusions including laws regarding the Common Agricultural Policy and Common Fisheries Policy. The EEA's "decision-shaping" processes enable EEA EFTA member states to influence and contribute to new EEA policy and legislation from an early stage. Third country goods are excluded for these states on rules of origin. When entering into force in 1994, the EEA parties were 17 states and two European Communities: the European Community, which was later absorbed into the EU's wider framework, and the now defunct European Coal and Steel Community. Membership has grown to 30 states as of 2020: 27 EU member states, as well as three of the four member states of the EFTA (Iceland, Liechtenstein and Norway). The Agreement is applied provisionally with respect to Croatia—the remaining and most recent EU member state—pending ratification of its accession by all EEA parties. The United Kingdom transitionally continues to be an EEA member after it withdrew from the EU on 31 January 2020, and entered into a transition period ending 31 December 2020. During the transition, the EEA agreement will remain unchanged, and continue to apply as before, to both the remaining EEA members and the United Kingdom, as the UK will continue to be treated as if an EEA state. One EFTA member, Switzerland, has not joined the EEA, but has a set of bilateral sectoral agreements with the EU which allow it to participate in the internal market.

How to pronounce european economic area?

How to say european economic area in sign language?


  1. Chaldean Numerology

    The numerical value of european economic area in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of european economic area in Pythagorean Numerology is: 8

Examples of european economic area in a Sentence

  1. Cartel Office:

    According to our preliminary assessment IBM holds a dominant position here in the European Economic Area which would have been further strengthened by acquiring personnel and essential infrastructure from its competitor, T-Systems.

  2. Peter Altmaier:

    In the big EU states we have agreed that we don't want to sign any bilateral memorandums but together make necessary arrangements between the greater European Economic Area and the economic area of Greater China.

  3. Frederic Ponzo:

    So far none of the cross-border exchange initiatives has been derailed by the risk of Britain leaving the European economic area and the associated passporting rights, what is clear is that the CSRC and the FCA will not stop cooperating after the vote to leave the EU.

  4. Christoph Blocher:

    Foreign laws, foreign judges. That is a very fundamental decision we have to make, along the lines of the 1992 decision on entering the European Economic Area and then the EU.

Translations for european economic area

From our Multilingual Translation Dictionary

  • المنطقة الاقتصادية الأوروبيةArabic
  • evropského hospodářského prostoruCzech
  • europæisk økonomisk områdeDanish
  • Europäischer WirtschaftsraumGerman
  • ευρωπαϊκού οικονομικού χώρουGreek
  • Área Económica EuropeaSpanish
  • منطقه اقتصادی اروپاPersian
  • Euroopan talousalueellaFinnish
  • Espace Economique EuropéenFrench
  • यूरोपीय आर्थिक क्षेत्रHindi
  • európai gazdasági térségbenHungarian
  • wilayah ekonomi eropaIndonesian
  • Area Economica EuropeaItalian
  • אזור כלכלי אירופיHebrew
  • 欧州経済圏Japanese
  • 유럽 ​​경제 지역Korean
  • europa universalis area economicLatin
  • Europese economische ruimteDutch
  • europeisk økonomisk områdeNorwegian
  • Europejski Obszar GospodarczyPolish
  • Área Econômica EuropéiaPortuguese
  • Spațiu Economic EuropeanRomanian
  • Европейская экономическая зонаRussian
  • Europeiska ekonomiska samarbetsområdetSwedish
  • ஐரோப்பிய பொருளாதார பகுதிTamil
  • యూరోపియన్ ఆర్ధిక ప్రాంతంTelugu
  • เขตเศรษฐกิจยุโรปThai
  • avrupa ekonomik alanıTurkish
  • Європейський економічний районUkrainian
  • یورپی اقتصادی علاقےUrdu
  • khu vực kinh tế châu ÂuVietnamese
  • אייראפעישער עקאָנאָמיש געגנטYiddish
  • 欧洲经济区Chinese

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"european economic area." Definitions.net. STANDS4 LLC, 2024. Web. 2 Mar. 2024. <https://www.definitions.net/definition/european+economic+area>.

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    a custom among some peoples whereby the husband of a pregnant wife is put to bed at the time of bearing the child
    • A. preponderance
    • B. taper
    • C. couvade
    • D. fervidness

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