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Nordek

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Nordek (in Swedish: Organisationen för nordiskt ekonomiskt samarbete. In Danish and Norwegian: Nordøk for Nordisk økonomi. In Finnish: Pohjoismaiden talousalue) was a planned organisation for Nordic economic cooperation similar to the European Economic Community EEC, based on a proposal in 1968 by Danish Prime Minister Hilmar Baunsgaard. A treaty was negotiated to establish the new organisation, to be headquartered in Malmö, Sweden. Ultimately, Finland did not ratify the treaty due to its relationship with the Soviet Union. Then Denmark joined EEC and Sweden, Norway, Finland, and Iceland signed bilateral free trade treaties with the EEC.

See also

Further reading

  • Jónsson, Guðmundur. 2009. “On the Sidelines: Iceland and the Nordek Negotiations, 1968–1970.” in Between Nordic Ideology, Economic Interests and Political Reality: New Perspectives on Nordek, 159–167. Helsinki: Finnish Society of Science and Lettres.
  • Claes Wiklund, "The Zig-Zag Course of the Nordek Negotiations," Scandinavian Political Studies 5 (1970)