Liechtenstein Backtracks Over EEA Enlargement Treaty

by Ulrika Lomas, for LawAndTax-News.com, Brussels

17 November 2003

It has emerged that the Liechtenstein government has withdrawn its objections to the signing of the European Economic Area (EEA) enlargement treaty, meaning that the agreement can go ahead as planned, after a slight delay.

The accord will expand the EEA to incorporate the ten nations due to accede to the EU in 2004.

In a recent press communique, the Liechtenstein authorities explained that:

"The talks between Government Councillor Ernst Walch and his ministerial colleagues from Norway and Iceland at the occasion of the 113th session of the Committee of Ministers led to the success that the EEA Enlargement Treaty will be signed by the ministers in Vaduz on 11 November 2003."

Reportedly, the principality's objection to the treaty's expansion stemmed from an historic argument with the Czech Republic and Slovakia stretching back to World War Two when the then Czechoslovakia adopted the Benes Decrees which led to the expulsion of 2.5 million ethnic Germans and the seizure of their assets.

It is said that the royal family of Liechtenstein, as well as other nationals of the Alpine state, suffered financial loss as a result of these actions.

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