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European Economic Area |
Also found in: Wikipedia, Hutchinson | 0.04 sec. |
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European Economic Area: see European Free Trade Association European Free Trade Association (EFTA), customs union and trading bloc; its current members are Iceland, Liechtenstein, Norway, and Switzerland. EFTA was established in 1960 by Austria, Denmark, Great Britain, Norway, Portugal, Sweden, and Switzerland. ..... Click the link for more information. ; European Union European Community (EC), an economic and political confederation of European nations, and other organizations (with the same member nations) that are responsible for a common foreign and security policy and for cooperation on justice and home affairs. ..... Click the link for more information. . |
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The purpose of this Undertaking, which applies to conduct involving at least one country within the European Economic Area (the "EEA"), is to assist the Commission of the European Communities ("the Commission") in satisfying itself that Article 86 of the EC Treaty and Article 54 of the EEA Agreement are not infringed. |
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