European Economic Area: Joint statement by Executive Vice-President Maroš Šefčovič and High Representative Josep Borrell on the 30th anniversary of the EEA
Today, we mark 30 years since the entry into force of the European Economic Area (EEA) Agreement. The EEA is a unique framework covering 30 states and half a billion people in the world’s largest internal market. It is built on shared values and principles, and constitutes a factor of political and economic stability, as well as prosperity and security on the European continent.
Together with Iceland, Liechtenstein and Norway, the European Union has worked continuously in building a better Europe for the benefit of citizens and businesses over the past 30 years. Looking back, we can be proud of what we have achieved.
The EEA unites the EU Member States and Iceland, Liechtenstein and Norway into a common internal market providing for the free circulation of persons, goods, services and capital. It ensures a level playing field through the application of homogeneous rules and of accompanying policies in the areas of competition, environment, climate action and social policy. It also allows for cooperation in research, technological development, environment, culture, education, health and civil protection, with the EEA EFTA States’ wide participation in EU programmes. Our accomplishments are the result of shared vision, strong commitment and mutual respect.
The EEA is a legacy for future generations. In the current geopolitical context, the EEA Agreement is a model of cooperation between close partners. We look forward to strengthening our relationship with Iceland, Liechtenstein and Norway in the next 30 years, and beyond.