Norway`s economic and trade relations with the EU are mainly governed by the European Economic Area (EEA) agreement. Norway reached a trade agreement with the Community following the referendum results. This trade agreement remained in force until Norway entered the European Economic Area on 1 January 1994.  Norway`s overall financial contribution under the EEA agreement consists of contributions related to participation in these projects and part of development projects aimed at reducing social and economic inequalities in the EU (EEA and Norway grants).   EEA-EFTA states fund their participation in programmes and agencies for the relative size of their gross domestic product (GDP) relative to the GDP of the EEA as a whole. The participation of the EEA-EFTA is therefore on par with the EU Member States. The overall EEA-EFTA commitment amounts to 2.4% of the EU`s total programme budget. In 2008, Norway contributed EUR 188 million. Throughout the 2007-2013 programming period, Norway`s contribution, along with the evolution of the EU programme budget, will increase considerably, from EUR 130 million in 2007 to EUR 290 million in 2013. Norway allocated almost EUR 1.3 billion to EEA and Norway grants between 2004 and 2009.   The EEA agreement allows Norway access to the EU`s internal market.
Of the current 23,000 EU laws, the EEA has included about 5,000 (in force), meaning that Norway is subject to about 21% of EU legislation. According to the Norwegian Ministry of Foreign Affairs (NOU 2012:2 p. 790, 795), 70% of EU directives and 17% of EU rules in force in the EU in 2008 were in force in Norway in 2010.  Overall, this means that in 2010, about 28% of the EU legislation in force in 2008 was in force in Norway. While the Norwegian parliament must adopt all new legislation that has “significant new obligations”, this proposal has been widely supported and, as a rule, uncontested; Between 1992 and 2011, 92% of EU legislation was adopted unanimously, with most others by a large majority.  This year also marks the 25th anniversary of the EEA (European Economic Area) agreement. This agreement provides full access to the EU internal market and offers free trade opportunities with EU countries. Conservative Party President Kaci Kullmann Five and the Minister were at the centre of negotiations on the EEA agreement. (Fac-similar to the book published by Fagbokforlaget).
MEHR In 1962, Norway applied for membership of the European Economic Community (EEC), with the other EFTA members, Ireland, Denmark and the United Kingdom applying for membership the previous year. When France rejected the UNITED Kingdom`s request the following year, accession negotiations with Norway and other countries were also suspended due to strong economic ties between them. This was done again in 1967.  “The Brussels negotiators were finally asked to conclude the negotiations and reach an agreement. All parties were prepared to be flexible because they did not think the agreement would last. That`s why the agreement is good and that`s why it`s bad,” Rye says. Since these positions go far beyond ideological boundaries, different political parties have approached the issue in different ways.