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European Free Trade Association

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Organisation
Location type: Organisation
Location address: Schweiz, Genf
Number of texts: 1
3 stars
Made by wikipedia.org | Reference Fobos92 | © CC 3.0
Made by wikipedia.org | Reference Wikipedia.org | © CC 3.0

The European Free Trade Association (EFTA) is a free trade organisation between four European countries that operates in parallel with – and is linked to – the European Union (EU). The EFTA was established on 3 May 1960 as a trade bloc-alternative for European states who were either unable or unwilling to join the then-European Economic Community (EEC) which has now become the EU. The Stockholm Convention, establishing the EFTA, was signed on 4 January 1960 in the Swedish capital by seven countries (known as the “outer seven”).

Linked themes: History, Geography

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