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...freely the EEA, a concept referred to as the four freedoms. The objective of the Agreement is to strengthen economic and trade relations between the members and create a homogenous European Economic Area.
The EEA provides for equal conditions for business across the entire Internal Market, through competition and state aid rules. It also contains horizontal provisions relevant to the four freedoms and co-operation outside the four freedoms in so-called flanking areas. This covers areas such as research, the environment, information services, education, training and youth, employment, enterprise and entrepreneurship, etc. Co-operation is also carried out through common activities such as EEA EFTA participation in some 40 EU programmes. Since 1 May 2004, the enlarged Internal Market consists of about 460 million citizens, making it one of the world's largest internal markets.
Enlargement of the European Economic Area
The EEA Agreement includes a clause stating that countries joining the EU need also apply to become members of the EEA. The terms of EEA membership are to be the subject of an agreement. With ten new members acceding to the EU, there was therefore a need to negotiate and adapt the EEA Agreement to take account of this new situation. This was the first time in the ten-year history of the EEA that new members acceded to the Agreement with negotiations on the terms of participation.
Negotiations on EEA enlargement were launched on 9 January 2003 in Brussels....
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More articles from EFTA Bulletin (Switzerland)
Enlargement brings opportunities for citizens and businesses., September 01, 2004 EEA enlargement: what it means for business., September 01, 2004 What EEA enlargement offers people., September 01, 2004 The EEA financial mechanism & the Norwegian financial mechanism (2004-..., September 01, 2004 Enlargement from a local government perspective., September 01, 2004
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