Eu Eea Trade Agreement

Under the strict competition rules of the EEA Agreement, anti-dumping, countervailing duties and other trade measures between EEA States are in principle prohibited. 75.Dr Sverdrup told us that the EEA Agreement ”is not only aimed at full access to the internal market, but also at accession to the internal market” in the services sector.103 While the free movement of services is still being developed within the internal market, the EU has increasingly focused on reducing non-tariff barriers over the past two decades.104 Mr Holmes described the EEA as a ”regulatory union”, 104 Mr Holmes described the EEA as a ”regulatory union” which, alongside the EU, has set itself the objective of eliminating and eliminating non-tariff barriers. The Agreement on the European Economic Area (EEA) is a 1992 agreement that brings into an internal market the Member States of the European Union (EU) and three of the countries of the European Free Trade Association (EFTA), namely Iceland, Liechtenstein and Norway. (The fourth EFTA state, Switzerland, has decided not to join.) The aim of the agreement is to strengthen trade and economic relations between countries by removing trade barriers and establishing a level playing field and compliance with the same rules. 55. Dr Sverdrup argued that, although the UK is already a member of the EEA because of its membership of the EU, it must join EFTA in order to join the EEA as a non-EU country. . . .