| 释义 |
Single Market
The concept of a single integrated market that underlies trading in the European Union, as codified in the Single European Act 1986. The Single Market came into force on 1 January 1993. The measures covered by the legislation included: the easing of entry requirements for those from other EU member states; the acceptance throughout the market of professional qualifications; the acceptance of national standards for product harmonization; open tendering for public supply contracts; the free movement of capital between states; a reduction of state aid for certain industries; and the harmonization of some duties. The UK left the Single Market on 31 December 2020 at the end of the post-Brexit implementation period, although Northern Ireland remains a de facto member (see Northern Ireland Protocol). |