Arad–Szeged pipeline Arad–Szeged pipeline The Arad–Szeged pipeline is a natural gas pipeline from Arad in Romania to Szeged in Hungary diversifying natural gas suppliers and delivery routes for the two countries and connects the two natural gas national grids. The pipeline attempts to lessen the two country's dependence on Russian energy. The Arad–Szeged pipeline is part of the larger New European Transmission System meant to unite Central and South Eastern Europe's natural gas transmission networks. Preparations for the project started in 2008 and the intergovernmental agreement between Romania and Hungary was signed on 1 July 2008. The project is developed by the
Third-country economic relationships with the European Union is considered part of the EU single market. Iceland has also signed the Schengen treaty. On 16 July 2009, Iceland applied to join the European Union. Liechtenstein joined the EEA in 1995 and participates in the EU single market. Switzerland referendum to join the EEA in 1992 failed, so Swiss products do not participate in the European single market. However the country recently negotiated two series of bilateral agreements with the Union. The first series, Bilateral Agreements I, consists of seven bilateral agreements and was signed in 1999 (entry into force in 2001), the main part being Free Movement of