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In 2020, the European Free Trade Association (EFTA) celebrates its 60th anniversary. During this respectable lifetime, its composition has frequently changed, starting with seven founding members in 1960 and having four today. EFTA has turned out to be an ‘antechamber’ for the EU, as well as a distinct organisation with its own purpose. Since the foundation of the European Economic Area (EEA) in 1992, EFTA states Norway, Iceland and Liechtenstein have joined this area, whereas Switzerland has chosen ...

On 11 September 2017, Norwegian voters will be heading to the polls amid concern over weak growth, an increasingly assertive Russia, as well as the impact of Brexit on the country's economy.

De Europese Economische Ruimte (EER) werd opgericht in 1994 en heeft als doel de EU bepalingen betreffende de interne markt uit te breiden naar de landen van de Europese Vrijhandelsassociatie (EVA). Noorwegen, IJsland en Liechtenstein zijn partij bij de EER-overeenkomst. Zwitserland is lid van de EVA, maar maakt geen deel uit van de EER. De EU en haar EER-partners (Noorwegen en IJsland) zijn ook met elkaar verbonden door diverse „noordelijke beleidsmaatregelen” en fora die gericht zijn op de zich ...

The study provides a critical assessment of the implications of existing models of cooperation of third countries with the European Union in each of four thematic areas for which the ITRE is responsible (energy, electronic communications, research policy, and small business policy). This briefing provides short summary of this study. Link to the original publication: http://www.europarl.europa.eu/RegData/etudes/STUD/2017/602057/IPOL_STU(2017)602057_EN.pdf

In 2016, the flow of Chinese foreign direct investment (FDI) into the EU hit record levels, in sharp contrast to the continued decline in EU FDI flows to China. Chinese FDI was mainly driven by market-seeking and strategic asset-seeking motives and focused on big EU economies, targeting cutting-edge technologies in particular. In 2016, a number of Chinese proposals for transactions in strategic sectors came under scrutiny during security reviews at EU Member-State level. Some were delayed, and some ...

This study assesses the key impacts of the United Kingdom’s exit from the European Union on the financial system and its infrastructures, on financial firms and financial services under three alternative concepts for the future EU-UK relationship. In addition to the impact on the ‘passporting rights’ of financial firms, particular emphasis is given to the impact on the regulatory framework governing i.a. credit institutions under a ‘third-country status’ scenario for the UK, the impact on payment ...

EFTA states have built up a network of 26 preferential trade agreements (PTAs) with 37 partners, compared to more than 120 trade agreements concluded by the EU with more than 45 partners. There are substantial differences between EU and EFTA PTAs in terms of scope and ambition. EFTA agreements still focus on traditional areas of market access, while the post-1990 EU agreements are more elaborate, values-driven, political and comprehensive. As a bloc, the EU has more leverage when it negotiates ...

This report captures the status of deployment of SESAR through the Pilot Common Project (PCP) in terms of state of play, costs and timeliness. It is concluded that the PCP implementation is on time and underpinned by a credible management structure. The expenditure to date through the Connecting Europe Facility (CEF) mechanism is EUR 325.4 million, out of EUR 3 billion planned for 2014-2020. However, as the PCP implementation is at an early stage, the benefits are still to be quantified.

The biggest trading partner of the European Free Trade Association (EFTA) is the EU, but third countries have made up an increasing share of EFTA's trade since it began exploring new markets through free trade agreements (FTAs) following the end of the Cold War. Since international trade accounts for a significant share of EFTA countries' national economies, boosting trade with new markets is a priority for the association. Trade between the EU and three of the four EFTA states (the EEA EFTA states ...

This year, Finland and Sweden, like Austria, celebrate the twentieth anniversary of their accession to the European Union. This historical study focuses specifically on the entry into the Union of the first two countries. Distinct economic and social policies, as well as issues of neutrality during the Cold War, had kept the two Nordic countries from developing closer relations with the European Community. However, economic and geopolitical changes allowed this situation to evolve into a deeper and ...