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)

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Example Sentences

Norway is part of the European Economic Area that also includes the EU's 27 states, but there is one major difference -- it is not part of the bloc's customs union and must fulfil extra border checks.

From Barron's

As well as being unavailable in the UK, it has also not been launched in Switzerland and the European Economic Area, where tech firms must meet strict rules about processing and protecting user data.

From BBC

From 14 January, visitors from countries outside the European Economic Area - a group which includes EU member states, Iceland, Norway and Liechtenstein - will pay an extra €10 to enter the world's most visited museum.

From BBC

It also includes family permits for people from countries in the European Union or European Economic Area.

From BBC

The commission has the power to block a merger if it finds that an acquisition would threaten competition in the European Economic Area.

From Barron's