Definition of Single european act

2K Group Shipping, Trade, Insurance Dictionary
Single European Act
The SEA, which entered into force in July 1987, was the first significant
revision of the Treaty of Rome. The SEA provides the legal and procedural
support for achievement of the single European Market by 1992. The SEA
revised the EEC Treaty and, where not already provided for in the Treaty,
majority decisions were introduced for numerous votes facing the Council of
Ministers, particularly those affecting establishment of the single
European Market and the European financial common market. The role of the
European Parliament was strengthened; decisions on fiscal matters remained
subject to unanimity.

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Single European Act definition was found in categories: Law(1)  Encyclopedia(1)  


European Commission Glossary of Justice and home affairs
Single European Act
The 1986 treaty which amended the Treaty of Rome (1957) and helped complete the European single market.


Single European Act Definition from Encyclopedia Dictionaries & Glossaries

Wikipedia English - The Free Encyclopedia
Single European Act
The Single European Act (SEA) was the first major revision of the Treaty of Rome that formally established the single European market and the European Political Cooperation.

There was tremendous discontent among European Community members in the 1980s about the de facto lack of free trade between members. Leaders from the business and political worlds were eager to harmonize laws between countries and resolve policy discrepancies. A commission formed to analyze whether a common market was possible in Europe, and further, what steps would need to be taken to achieve that goal. The commission put forth the proposals that became the Single European Act.


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