European Free Trade Association
A Dictionary of Business and Management
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2006
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© A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information)
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European Free Trade Association (EFTA) A trade association formed in 1960 between Austria, Denmark, Norway, Portugal, Sweden, Switzerland, and the UK. Finland, Iceland, and Liechtenstein joined later while the UK, Denmark, Portugal, Austria, Finland, and Sweden left on joining the
European Union (or its earlier forms). EFTA is a looser association than the EU, dealing only with trade barriers rather than generally coordinating economic policy. All tariffs between EFTA and EU countries were abolished finally in 1984. EFTA is governed by a council in which each member has one vote; decisions must normally be unanimous and are binding on all member countries. In 1992 the
European Economic Area (
EEA) was formed to facilitate the movement of goods, services, capital, and labour between all EU and EFTA countries with the exception of Switzerland. EFTA has also signed economic cooperation treaties with some former eastern bloc countries.
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EC and 2d European trade unit create 19-nation free trade zone
Newspaper article from: The Boston Globe; 10/23/1991; ; 504 words
; LUXEMBOURG -- The European Community and the European Free Trade Association concluded a landmark accord yesterday that...Liechtenstein and Austria -- creating a "European Economic Area" of 380 million consumers...
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New report looks at helping Eastern economies.('Removing Obstacles to a Deeper Integration in the Broad European Trade Area')
Magazine article from: Europe; 4/1/1999; ; 700+ words
; ...truck company's trade and investment in...the Center for European Policy Studies...Integration in the Broad European Trade Area," and...remains much that European governments could...control the tariff-free entry of products...form free trade associations with ...
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EUROPEAN TRADE GROUP URGES TAIWAN TO SIGN TRADE DEALS WITH CHINA.
News Wire article from: AsiaPulse News; 11/2/2009; 700+ words
; ...Taipei-based European Chamber of Commerce...Taiwan to embrace trade agreements with China and the European Union, contending...the network of free trade agreements...China and the Association of Southeast...the year. The European trade group...
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Lest a fortress arise. (European trade agreement)
Magazine article from: The Economist (US); 10/26/1991; 700+ words
; ...six and a half members of the European Free Trade Association (EFTA) - Austria, Finland...Liechtenstein - have agreed to set up a European Economic Area (EEA) in 1993. If the deal is ratified by the European Parliament and by all 19 countries...
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2 European Trade Blocs And the Ties That Bind
Newspaper article from: The Washington Post; 6/16/1991; ; 460 words
; The European Community and the European Free Trade Association are each other's most important trading partners, a...by the end of 1992. Britain proposed a larger Western European free-trade zone in 1958, but its insistence on preferential...
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European trade group backs 'phasing out' of the MFA.
Magazine article from: WWD; 4/30/1985; 700+ words
; ...The Foreign Trade Association, a group of Europe...of world textile trade here last week that...also came from the European Bureau of Consumer...rules has come from European textile producers...warned any return to free trade in textiles...
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Canadian Ag To Benefit From European Trade Deal.
News Wire article from: Resource News International; 6/18/2007; 585 words
; ...to benefit greatly from the conclusion of free trade negotiations with the European Free Trade Association (EFTA) countries of Iceland, Norway...successfully negotiated a significant new free trade agreement that will provide Canadian...
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Malaysia seeks cooperation with European trade area.
News Wire article from: Vietnamese News Agency; 11/14/2008; 472 words
; ...exploring a framework for trade and investment co-operation with the European Free Trade Area (EFTA...aimed at promoting trade, investment and...cooperation, International Trade and Industry Minister...As a member of the Association of South East Asian...
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S KOREA TO DISCUSS FTA WITH 4-COUNTRY EUROPEAN TRADE GROUP.
News Wire article from: AsiaPulse News; 10/12/2004; 428 words
; ...Korea will hold a second round of joint studies on a free trade agreement (FTA) this week in Seoul with the European Free Trade Association, which is made up of Switzerland, Norway, Iceland...
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S. Korea to Discuss FTA With 4-Country European Trade Group.
News Wire article from: YON - Yonhap News Agency of Korea; 10/12/2004; 354 words
; ...Korea will hold a second round of joint studies on a free trade agreement (FTA) this week in Seoul with the European Free Trade Association, which is made up of Switzerland, Norway, Iceland...
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European Free Trade Association
Book article from: The Columbia Encyclopedia, Sixth Edition
European Free Trade Association (EFTA), customs union and trading...to the "inner six" members of the European Economic Community (EEC, or Common Market; after 1967 part of the European Community [EC], which is now the...
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European Union
Encyclopedia entry from: Encyclopedia of Espionage, Intelligence, and Security
...treaty, including trade, customs, travel...market, lobby for European interests in the...peace. History. European integration...opened borders to free trade, promoted...rival the EC. The European Free Trade Association (EFTA), known...
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free trade
Book article from: The Columbia Encyclopedia, Sixth Edition
...reciprocal trade treaties...and other trade restrictions...favor of freer trade. The...1948), the European Economic...European Free Trade Association (1959...the World Trade Organization...nations of the European Union (the...Critics of free ...
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trade
Book article from: The Columbia Encyclopedia, Sixth Edition
...North American Free Trade Agreement (NAFTA...Central American Free Trade Agreement, which...development of a free trade area encompassing...that involving the Association of Southeast Asian...countries of the European Union (especially...
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European Economic Community
Book article from: The Oxford Companion to British History
...Maastricht , as the European Union. Britain stayed...s forerunner, the European Coal and Steel Community...industry and faced trade union opposition to...Commonwealth and EFTA ( European Free Trade Association ) trade, and agricultural...
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