| |
| 1991, Jan. 5 |
| |
| The executive committee of COMECON agreed to disband the council and replace it with a new body, the Organization for International Economic Cooperation (OIEC). | 1 |
| |
| Feb. 21 |
| |
| Czechoslovakia joined the Council of Europe. | 2 |
| |
| March 31 |
| |
| End of military alliance features of the Warsaw Pact. | 3 |
| |
| May 22 |
| |
| Liechtenstein became a full member of the EFTA. | 4 |
| |
| June 27–28 |
| |
| Hungary and the EFTA signed a free trade agreement to be implemented by January 1992. | 5 |
| |
| June 29 |
| |
| COMECON was formally dissolved. | 6 |
| |
| July 1 |
| |
| The Warsaw Pact was formally dissolved by its members. | 7 |
| |
| Oct. 23 |
| |
| The EFTA and the EC reached an agreement on the creation of a common European Economic Area (EEA). The agreement was signed on May 2, 1992, but due to rejection in a Swiss referendum, modification had to be made with a target date of mid-1993 for the agreement to go into force. | 8 |
| |
| Nov. 26 |
| |
| Poland joined the Council of Europe. | 9 |
| |
| Dec. 11 |
| |
| The MAASTRICHT TREATY on European Union. Heads of state of the EC concluded their year-long intergovernmental conferences with a treaty framework for the European Union, incorporating the EPU and the EMU agreements. The Treaty on European Union was formally signed on Feb. 7, 1992. The Danish electorate rejected the treaty in a referendum (June) but reached a “national compromise” (Oct. 27) on additions to the treaty. By the end of 1992, the treaty had been ratified by all 12 member countries except Denmark and the United Kingdom. | 10 |
| |
| |
