European Economic Area

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A group of 31 countries comprising the European Union Member states plus Iceland, Norway and Liechtenstein, sometimes known collectively as the European 'Internal Market'.

The four freedoms

The EEA is established to apply EU legislation covering the 'four freedoms' throughout its 31 members.

These economic freedoms are the free movement of:

  • Goods
  • Services
  • Persons and
  • Capital

The EEA's important functions include anti money laundering activities.

See also