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19 Legal Issues of Eur. Integration 1 (1992)
Agreement on the European Economic Area, The

handle is hein.kluwer/liei0019 and id is 13 raw text is: DAVID O'KEEFFE* THE AGREEMENT ON THE EUROPEAN ECONOMIC AREA 1. INTRODUCTION The signature of the Agreement on the European Economic Area' (hereinafter re- ferred to as the Agreement and the EEA respectively) on 2 May 1992 gives the legal basis for greater integration in Europe, by permitting the establishment of a dynamic and homogeneous2 free trade area. The Agreement brings closer the Member States of the EC and the countries of the European Free Trade Association (hereinafter EFTA) but could also serve as a staging post on the road to the accession of some or all of these countries. It could potentially serve as a model for the association of other States with the Community prior to or in substitution for accession. This paper discusses the Agreement and the two Opinions of the Court of Justice concerning it. II. EARLY EC-EFTA RELATIONS The reactions to the creation of the EEC provided the political momentum necessary to create an alternative trade bloc. On 4 January 1960, the EFTA was signed in Stockholm by the United Kingdom, Denmark, Norway, Sweden, Austria, Switzer- land and Portugal. Finland, Iceland, and Liechtenstein subsequently adhered. In 1973, the United Kingdom and Denmark acceded to the Community, and in 1986, Portugal. * Allen & Overy, Professor of European Law, University of Durham. I. See generally, Robinson and Findlater (eds.), Creating a European Economic Space: Legal As- pects of EC-EFTA Relations (Irish Centre for European Law, 1990); Church (ed.), Widening the Community Circle (UACES Occasional Papers 6, 1990). See also the special number of theJ. Comm. Mark. Studies (XXVIII/4, 1990) on the European Community, EFTA and the new Europe. 2. Preamble, EEA Agreement. Copyright © 2007 by Kluwer Law International. All rights reserved. No claim asserted to original government works.

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