A free trade area made up of countries in Europe that did not join the European Economic Community. EFTA was established in 1960 among Austria, Denmark, Norway, Portugal, Sweden, Switzerland, and the United Kingdom. As of 2000 it includes Iceland, Liechtenstein, Norway, and Switzerland.
A free trade zone including many non-EU countries in Europe. Members include Austria, Finland, Iceland, Norway, Sweden, and Switzerland.
Founded in 1960, EFTA aims at supporting free trade among its members and increasing the liberalization of trade on a global basis, particularly within Western Europe. In 1995 the organization's member states were Iceland, Liechtenstein, Norway, and Switzerland.
The European Free Trade Association (EFTA) is an international organization established in 1960. It is composed by Iceland, Liechtenstein, Norway and Switzerland promoting free trade and economic integration. There are 3 main branches of the EFTA: the EFTA Secretariat, Surveillance Authority and EFTA Court. Its function is to create a free trade area among tis Member States.
EFTA was established in 1960 by Austria, Denmark, Great Britain, Norway, Portugal, Sweden, and Switzerland. It is an international organisation now comprising four states: Iceland, Liechtenstein, Norway and Switzerland. EFTA has three main activities: the monitoring and management of relationships between the EFTA States, developing relations with non-EU countries and participating in the EU Single Market through the EEA.
A regional association of European countries, established in 1960 by the Stockholm Convention. Today EFTA includes only Iceland, Liechtenstein, Norway, and Switzerland. A number of EU nations were once members but withdrew after they gained entrance to the EU. EFTA countries have eliminated tariffs on manufactured goods originating and traded within EFTA and between EFTA and the EU. The EU and EFTA have expanded economic integration through the creation of the European Economic Area (EEA).
free trade zone including many non-EU countries in Europe. Members are Iceland, Liechtenstein, Norway, and Switzerland.
Set up in 1960 to encourage free trade between member countries. p. 88
The European Free Trade Association (EFTA) was established on May 3, 1960 as an alternative for European states that were not allowed or did not wish to join the European Community (now the European Union).
