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European Free Trade Association (EFTA)

International Organization

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Participating Countries (4)

Iceland

Kingdom of Norway

Principality of Liechtenstein

Swiss Confederation

Information

The European Free Trade Association (EFTA) is an intergovernmental organisation set up for the promotion of free trade and economic integration to the benefit of its four Member States – Iceland, Liechtenstein, Norway and Switzerland – and the benefit of their trading partners around the globe.

 

Main tasks:

 

  • - Maintaining and developing the EFTA Convention, which regulates economic relations between the four EFTA States;
  • - Managing the Agreement on the European Economic Area (EEA Agreement), which brings together the Member States of the European Union and three of the EFTA States – Iceland, Liechtenstein and Norway – in a single market, also referred to as the Internal Market.
  • - Developing EFTAs worldwide network of free trade agreements.