The European Free Trade Association (EFTA)

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Learning unit: The European Free Trade Association (EFTA). Syllabus:


- Introduction to the European Free Trade Association (EFTA)
- Economic profile of the EFTA States.
- European Economic Area (EEA).
- Free Movement of products and services.
- International Relations. Free trade agreements: Singapore, India, Canada, Korea, Chile, Mexico, Colombia, GCC, Jordan ...

Free trade agreements of EFTA

Courses and Masters
Master International Business. (Es): EFTA

Course learning materials En

Course summary The European Free Trade Association (EFTA):

The European Free Trade Association (EFTA) is an regional organization created for the promotion of free trade and economic integration of his member economies: Iceland, Liechtenstein, Norway and Switzerland.

European Free Trade Association countries - Iceland, Liechtenstein, Norway and Switzerland- are small but world leaders in several sectors.

  • Liechtenstein and Switzerland are important financial centers and have global companies.
  • Iceland and Norway are leaders in fish production, metal industry and maritime transport.

The European Economic Area (EEA) is formed by the 27 European Union member economies and the 3 EEA - EFTA States (Iceland, Liechtenstein and Norway) into an Internal Market lead by the same rules and regulations, with the objective to enable International trade of products and services, capital, and persons to move freely in the European Economic Area (EEA).

A substantial part of the European Economic Area (EEA) Agreement concerns the free movement of export products. The main principle is that export products may be traded between all 30 European Economic Area (EEA) Member States without customs duties or barrier from national regulations.

The European Economic Area (EEA) Agreement grants the freedom to provide services anywhere in the European Economic Area.

Switzerland has signed bilateral trade agreements with the European Union.

Example of the course European Free Trade Association (EFTA):
European Free Trade Association (EFTA)

European Free Trade Association (EFTA) network of Free trade agreements (FTA) secures economic operators preferential access to international markets:
- Albania
- Canada
- Chile
- Colombia
- Croatia
- the Arab Republic of Egypt
- Cooperation Council for the Arab States of the Gulf (GCC)
- Israel
- Jordan
- Korea, Republic of
- Lebanon
- Macedonia
- United Mexican States
- Morocco
- Palestinian Authority
- Peru
- Serbia
- Singapore
- Southern African Customs Union (SACU)
- Tunisia
- Turkey
- Ukraine

FTA (negotiations):
- Algeria
- Bosnia and Herzegovina
- Hong Kong, People's Republic of China
- India
- Indonesia
- Montenegro
- Russia, Belarus and Kazakhstan
- Thailand

European Free Trade Association (EFTA) has Joint Declarations on Cooperation with the following partners:
- Malaysia
- Mauritius
- Southern Common Market (MERCOSUR)
- Mongolia
- Montenegro
- Panama

SOURCE: European Free Trade Association (EFTA) Secretariat.



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