European Economic Area

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A group of 30 countries comprising the 27 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 30 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