Efta

Efta in International Trade

Meaning of Efta, according to the Dictionary of International Trade (Global Negotiator): The European Free Trade Association is an intergovernmental organization set up for the promotion of free trade and economic integration to the benefit of its four Member States: Iceland, Liechtenstein, Norway and Switzerland.

EFTA

The European Free Trade Association, abbreviated as EFTA, is an intergovernmental organisation established in 1960 by seven European countries to promote free trade and economic integration to the benefit of its Member States. All original signatories except Norway and Switzerland withdrew from EFTA upon joining the European Union (EU), as did Finland which had become an associate member in 1961 and full member in 1986. As Iceland joined in 1970 and Liechtenstein in 1991 EFTA currently has four Member States:

Iceland (IS) Liechtenstein (LI)

Norway (NO) Switzerland (CH)

The association is responsible for the management of:

the free trade between the EFTA countries;

EFTA’s participation in the European Economic Area (EEA), which includes the European Union and three EFTA countries (Iceland, Liechtentstein and Norway, but not Switzerland);

EFTA’s worldwide network of free trade agreements.

EFTA

Embracing mainstream international law, this section on efta explores the context, history and effect of the area of the law covered here.

EFTA (European Free Trade Association) and Europe

There is an entry on efta (european free trade association) in the European legal encyclopedia.

EFTA and the European Union

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See Also

• International Organization
• Foreign Relations
• Intergovernmental Organization
• Regional Organization
• Regional Integration

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See Also

• European Free Trade Association

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See Also

Further Reading

• Entry “EFTA (European Free Trade Association)” in the work “A Concise Encyclopedia of the European Union from Aachen to Zollverein”, by Rodney Leach (Profile Books; London)

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Further Reading

• The entry “efta” in the Parry and Grant Encyclopaedic Dictionary of International Law (currently, the Encyclopaedic Dictionary of International Law, 2009), Oxford University Press

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Further Information

The European Free Trade Association

See Also

EU-Switzerland bilateral agreement

European Economic Area (EEA)

European Union (EU)

Hierarchical Display of EFTA

International Organisations > European organisations > European organisation
Trade > Tariff policy > Tariff policy > Free-trade area
Trade > International trade > Trade relations > Free-trade agreement
European Union > European construction > EU relations > Agreement (EU) > Association agreement (EU) > European Economic Area
European Union > European construction > EU relations > EFTA countries

EFTA

Concept of EFTA

See the dictionary definition of EFTA.

Characteristics of EFTA

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Translation of EFTA

• Spanish: AELC
• French: AELE
• German: EFTA
• Italian: EFTA
• Portuguese: EFTA
• Polish: EFTA

Thesaurus of EFTA

International Organisations > European organisations > European organisation > EFTA
Trade > Tariff policy > Tariff policy > Free-trade area > EFTA
Trade > International trade > Trade relations > Free-trade agreement > EFTA
European Union > European construction > EU relations > Agreement (EU) > Association agreement (EU) > European Economic Area > EFTA
European Union > European construction > EU relations > EFTA countries > EFTA

See also

• Free-trade area
• Free-trade agreement
• European Economic Area
• EFTA countries
• Norway
• Iceland
• Switzerland
• Liechtenstein

• EFTA Court

• EFTA Surveillance Authority
• European Free Trade Association