Rights and Obligations
The EEA is based on the same "four freedoms" as the European Community: the free movement of goods, persons, services, and capital among the EEA countries. Thus, the EFTA countries that are part of the EEA enjoy free trade with the European Union.
As a counterpart, these countries have to adopt part of the Law of the European Union. These states have little influence on decision-making processes in Brussels.
The EFTA countries that are part of the EEA do not bear the financial burdens associated with EU membership, although they contribute financially to the European single market. After the EU/EEA enlargement of 2004, there was a tenfold increase in the financial contribution of the EEA States, in particular Norway, to social and economic cohesion in the Internal Market (€1167 million over five years).
EFTA countries do not receive any funding from EU policies and development funds.
Read more about this topic: European Economic Area
Famous quotes containing the words rights and, rights and/or obligations:
“Let woman share the rights and she will emulate the virtues of man; for she must grow more perfect when emancipated ...”
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“The parent who loves his child dearly but asks for nothing in return might qualify as a saint, but he will not qualify as a parent. For a child who can claim love without meeting any of the obligations of love will be a self-centered child and many such children have grown up in our time to become petulant lovers and sullen marriage partners because the promise of unconditional love has not been fulfilled.”
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