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European Economic Area

British  

noun

  1.  EEA.  a free-trade area created in 1994 by an agreement between the European Free Trade Association (EFTA), excluding Switzerland, and the European Union (EU)

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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Iceland is already part of the European Economic Area, which extends the EU’s single market to a handful of non-EU countries.

From The Wall Street Journal Aug. 31, 2026

Since 1994, the country has been a member of the European Economic Area, an arrangement that has seen it adopt many EU rules while staying outside of the bloc.

From The Wall Street Journal Aug. 28, 2026

It also creates an unequal treatment between Swiss users and those in the surrounding European Economic Area, "even though the competitive issues are comparable", it added.

From Barron's Jul. 14, 2026

It requires most short-term visitors from outside the EU and European Economic Area to register biometric data each time they enter or leave the Schengen free travel zone.

From BBC May 7, 2026

Norway opted to stay out of the EU   during a referendum in November 1994; nonetheless, as a member of   the European Economic Area, it contributes sizably to the EU budget.

From The 2008 CIA World Factbook by United States. Central Intelligence Agency

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