At the end of 2014, the Council mandated the Commission to negotiate “one or more Association Agreements” with the AMS States on behalf of the EU and its Member States. The somewhat curious formula stems from a French intervention on behalf of Monaco, as it was not yet clear whether, given its particular ties with France, Monaco alone would need a more specific agreement. Generally speaking, in its agreements with third countries, the EU seeks to strike a balance between benefits and commitments. This is normally done within the framework of a comprehensive agreement or a number of agreements. However, the picture of relations between the EU and the AMS Member States is rather unclear as regards completeness, uniformity and practical application, as well as areas of interest to the EU and those of interest to the AMS States. On 27 November 2013, the European Commission published its report, which concludes that “for political and institutional reasons, the participation of small countries in the EEA is currently not considered a viable option”, but that Association Agreements are a more practical mechanism for integrating micro-states into the internal market. preferably through a single multilateral agreement with the three States.  In December 2014, the Council of the European Union approved the opening of negotiations on such an agreement, which were started in March 2015.  Negotiations are expected to be completed by 2020.  For some time, the AMS States had shown interest in developing relations with the UNION, but with different weights in terms of volume and volume. Monaco was generally satisfied with relations, but was interested in better access to the internal market in certain areas, although in extensive protection measures for its own citizens and the free movement of people and goods. .