European policy
Due to its geographical location and history, Liechtenstein is closely linked to Europe. An economically strong, secure and peaceful Europe is in Liechtenstein's own best interests. The EU is Liechtenstein's largest and most important trading partner. A good and close partnership with the EU is therefore of crucial importance to Liechtenstein. The relationship with the EU is not only measured by the advantages of the internal market, but also by the responsibility that Liechtenstein assumes for the common challenges. This includes standing together with our European partners in international forums as well as supporting and implementing EU sanctions in the event of violations of international law.
Liechtenstein has been a member of the EEA since 1995 and an associated Schengen member since 2011. Unhindered access to the European internal market, which comprises a total of 30 states and around 450 million citizens, constitutes a locational advantage as well as an essential factor for the sustainable safeguarding and stability of the Liechtenstein economy. At the same time, market access to Switzerland is guaranteed through the customs and monetary union. Accession to the Schengen area, within the framework of which internal border controls for travelers were abolished, was a logical consequence of EEA membership.
The overall balance of Liechtenstein's EEA membership is positive, according to a representative survey on the 25th anniversary of EEA accession in 2020 showed. EEA membership has proven to be an adequate integration solution for Liechtenstein. The EEA agreement has opened up new business opportunities, leading to further diversification of the Liechtenstein economy. EEA membership also provides Liechtenstein with a very good starting position for any further development or deepening of European integration. Further information on the EEA can be found on the homepage of the EEA Coordination Unit.
Through the EEA Financial Mechanism, Liechtenstein - together with its EEA/EFTA partners Iceland and Norway - contributes to the equalization and reduction of economic and social disparities within the EEA. Based on the EU's internal Cohesion Fund, financial resources are made available to 15 beneficiary states. Further information can be found on the webpage of the Liechtenstein Mission in Brussels.
The United Kingdom (UK) left the EU/EEA on January 31, 2020. Relations with the UK continue at a similar level through various agreements.