Delegation of the European Union to Ecuador

Liechtenstein and the EU

09/04/2021 - 15:42
EU relations with Country

The EU's relations with the Principality of Liechtenstein

Liechtenstein is among the EU's closest partners. EU-Liechtenstein cooperation is based on shared fundamental values and underpinned by our common heritage and history, as well as strong cultural and geographical ties. Liechtenstein has a close relationship with the EU trough the European Economic Area Agreement (EEA) and other bilateral agreements. On the world stage, the EU and Liechtenstein are like-minded actors, supporting each other in a number of areas.

Liechtenstein is closely linked with the EU through membership in the Agreement on the European Economic Area (EEA), which brings together all 27 Member States of the EU and three of the European Free Trade Association (EFTA) countries, Iceland, Norway and Liechtenstein in the Single Market. Much of the cooperation and political dialogue between the EU and Liechtenstein take place in special EEA institutions, including the EEA Council, Joint Committee, Parliamentary Committee, and Consultative Committee. Liechtenstein is furthermore a member of the Schengen Agreement, which gives its citizens the right to travel passport-free within the area, and a signatory of the Dublin Regulation on asylum policy.

Liechtenstein shares the EU’s support for the multilateral system and often aligns itself with the EU on foreign policy issues.

Through the EEA, Liechtenstein participates in the Single Market and enjoys its four fundamental freedoms of movement of goods, services, capital and people. Liechtenstein participates in a number of EU policies, agencies and programs. Like other members of the single market, Liechtenstein contributes financially towards social and economic cohesion in Europe.

The EEA Agreement extends the Single Market, with the exception of the agriculture and fisheries sectors, to the EEA countries. Under the EEA Agreement and its procedural provisions, Liechtenstein transposes into its law EU directives and regulations governing the free movement of goods, persons, services and capital. Liechtenstein’s most important trading partners are the EU and Switzerland, with which it shares a customs and currency union.

Both Liechtenstein and the EU share strong support for the multilateral system. Membership in the UN and other international organisations is a central pillar of Liechtenstein’s external relations.

Liechtenstein is very closely aligned with the EU on climate policy, including the goal to reach climate neutrality by 2050. Through its European Economic Area membership, Liechtenstein must incorporate the relevant EU environment and climate laws in its legislation. This includes in particular participation in the EU Emissions Trading System.

Liechtenstein often aligns with EU and is a like-minded partner of the EU in international organisations, notably the UN, Council of Europe and OSCE.

Under the 2014-2020 Multiannual Financial Framework, Liechtenstein participated in Erasmus+ as well as EU programmes on statistical cooperation and rights, equality and citizenship.

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