Definicija: Extended cooperation project between the Member States of the Community and the EFTA (q.v.) countries; the association is more structured than in current bilateral agreements, with common decision-making and administrative bodies.

Definicija: The EEA Agreement would open up the Community single market to the EFTA countries and, with their taking over almost two thirds of Community law, would provide a sound basis for their later accession to the European Union. The EEA agreement originally linked Austria, Iceland, Norway, Sweden and Finland with the EU. Now that Austria, Finland and Sweden have become members of the Union, a new question mark hangs over the future of the EEA Agreement, which now covers only Norway, Iceland and (from 1 May 1995) Liechtenstein.

Definicija: namen je zmanjšati gospodarske in socialne razlike v Evropi ter krepiti bilateralne odnose med državami donatoricami in državami prejemnicami