A protracted final " make or break " negotiating session began in Luxembourg on Oct. 22 and ended in the early morning of Oct. 23 with the conclusion of an agreement between the seven - member European Free Trade Association (EFTA) and the 12-member European Communities (EC) on the creation from January 1993 of a common European Economic Area (EEA), the world's largest common market embracing 380 million people.
A protracted final " build or destroy " negotiating session began in Luxembourg on Oct. 22 and ended in the early morning of Oct. 23 with the conclusion of an agreement between the seven - member European Free Trade Association (EFTA) and the 12-member European Communities (EC) on the creation from January 1993 of a common European Economic Area (EEA), the world's largest common market embracing 380 million people.