Although import duties between member states were abolished in 1968, trade is not free between Community countries due to differences in national legislation. The Single European Act establishes a six-year program to eliminate these differences, while also strengthening the role of the European Parliament and formalizing the name “European Parliament.”
The Single European Act sets the goal of creating a single market by removing barriers and harmonizing standards.
It introduces the cooperation and assent procedures, giving the Parliament a say in legislation for the first time.
It initiates cooperation in foreign policy and extends the use of qualified majority voting for decision-making within the Council.
The Single European Act provides a legal basis for the European Council, while the Summits of Heads of State and Government are formalized.