ELI5: Explain Like I'm 5

Special territories of members of the European Economic Area

The European Economic Area (EEA) is an agreement between countries in Europe that lets goods, services, and people flow across the borders of those countries without restrictions. The countries that are part of the EEA are called Member Countries. Some countries are also allowed to be a part of the EEA even though they are not an official member. These special territories are known as Special Territories of the European Economic Area (EEA). These are areas that are geographically close to EEA Member Countries but might not have the same laws or government. Some examples of EEA Special Territories are the Channel Islands, Isle of Man, and Faroe Islands. The EEA lets goods, services, and people move between these Special Territories and the EEA Member Countries. This means that people can work, shop, and travel between these territories and the Member Countries just like they could between any two countries that are part of the EEA.