释义 |
European Economic Area (EEA) A free-trade area encompassing the member states of the European Union and the member states (excluding Switzerland) of the European Free Trade Association (EFTA), i.e. Norway, Iceland, and Liechtenstein. The EEA Agreement, which contains many provisions similar to the Treaty of Rome, was signed in 1992 and came into force on 1 January 1994. The EEA has its own institutions, such as the EFTA Court of Justice and the EFTA Surveillance Authority (ESA), and many of the EU Single Market directives and other legislative measures apply within it, although it does not have a budget. |