The European Economic Area Agreement
The Agreement on the European Economic Area (EEA) is the cornerstone of relations between Norway and the EU. It brings together the 28 EU member states and the three EEA Efta states Norway, Iceland and Liechtenstein in the internal market governed by the same basic rules.
Under the EEA Agreement, Norway and Norwegians have the same rights and obligations as other EEA countries and their citizens when it comes to trade, investments, banking and insurance, and buying and selling services. They also have the same right to work, study and live in other countries in the EEA.
The EEA Agreement ensures that Norway takes part in the EU Single Market with access to the benefits of the free movements of persons, goods, services and capital. It entered into force in 1994.
The EFTA states and the EU make up the two pillars of the EEA cooperation. For this reason, the institutional framework for the EEA Agreement is often described as having a two-pillar structure.
' We hope that the work programme for 2017 will be a useful tool for all those who are interested in developments in Europe and in how we can best contribute, while at the same time safeguarding Norway’s interests in our cooperation with the EU', says Minister of EEA and EU Affairs, Frank Bakke-Jensen.
The European Economic Area (EEA) Agreement ensures that Norway can take part in the EU single market, and thus benefit from the free movement of persons, goods, services and capital. It guarantees non-discrimination and equal rules and competition throughout the EEA.
’It doesn’t require a lot of effort on my part, but it means a lot to the people we are helping,’ says George Maragoudakis. He is an interpreter in the new asylum system in Greece, which has been developed with support from Norway through the EEA and Norway Grants.
The European Economic Area – binding together the EU and Norway, Iceland and Liechtenstein
Norway shares a common set of values with the EU and its member states, and we are working together to find joint solutions to common challenges.