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 ...”
—Mary Wollstonecraft (1759–1797)
“Resolved, There can never be a true peace in this Republic until the civil and political rights of all citizens of African descent and all women are practically established. Resolved, that the women of the Revolution were not wanting in heroism and self-sacrifice, and we, their daughters, are ready, in this War, to pledge our time, our means, our talents, and our lives, if need be, to secure the final and complete consecration of America to freedom.”
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“So that if you would form a just judgment of what is of infinite importance to you not to be misled in,—namely, in what degree of real merit you stand ... call in religion and morality.—Look,—What is written in the law of God?—How readest thou?—Consult calm reason and the unchangeable obligations of justice and truth;Mwhat say they?”
—Laurence Sterne (1713–1768)