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European Free Trade Association

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Overview Edit

In November 1959, Ministers from seven West European countries that were not members of the European Economic Community approved the text of the Stockholm Convention establishing the European Free Trade Association (EFTA). EFTA attempts to eliminate tariffs on goods produced in and traded among member states. Current members are Iceland, Liechtenstein, Norway, Switzerland. Its headquarters in Geneva and it has offices in Brussels and Luxembourg. EFTA has developed relations with a large number of non-EU countries, many of which have resulted in free-trade agreements.

Three of the four member states (Iceland, Liechtenstein and Norway) have structured their relations with the European Union in the form of the Agreement on an European Economic Area (EEA) through which they participate in the Single Market.

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