EFTA

While often overlooked, the European Free Trade Association — composed of Iceland, Lichtenstein, Norway and Switzerland — actively seeks comprehensive bilateral FTAs much like its rivals the EU, the US, Japan, Canada or Australia. EFTA’s outward push towards FTAs is led and dominated by corporate powerhouse Switzerland, home to some of the world’s biggest pharmaceutical, agricultural biotechnology, banking and insurance companies.

EFTA has established important bilateral FTAs with Chile (2003), Israel (1992), Jordan (2001), Korea (2005), Lebanon (2004), Mexico (2000), Morocco (1997), the Palestinian Authority (1998), Turkey (1991), Singapore (2002), Tunisia (2004), the Southern Africa Customs Union (2006), Egypt (2007), Canada (2007), the GCC (2008), Colombia (2008) and Peru (2008).

The group is currently negotiating FTAs with India, Indonesia, Thailand, Algeria and Pakistan. It is expected to launch talks shortly with Malaysia and Vietnam, while similar deals with Russia and Ukraine are planned for later.

last update: May 2012

Articles

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  • 17-Dec-2014 Tax-News EFTA states plan response to TTIP
    The European Free Trade Association (EFTA) countries could be faced with important challenges from the proposed European Union-United States free trade agreement known as the Transatlantic Trade and Investment Partnership, Swiss Federal Councillor Johan Schneider-Amman has said.
  • 19-Nov-2014 Tribune de Genève AELE : Le libre-échange avec l’Inde devrait s’accélérer
    Les ministres des pays membres de l’AELE (Suisse, Islande, Liechtenstein, Norvège) ont passé en revue l’avancement des négociations sur des accords de libre-échange avec plusieurs pays
  • 15-Oct-2014 PTI Switzerland hopes to resume India-EFTA free trade pact talks
    Switzerland today expressed hope that negotiations along with three other countries on broad-based trade and economic partnership agreement with India would resume at the earliest.
  • 28-Jan-2014 Trend Talks on free trade agreement among CU and EFTA countries held in Astana
    Negotiations on concluding a free trade agreement among the member-states of the Customs Union of Belarus, Kazakhstan, the Russian Federation and the countries of the European Free Trade Association (Iceland, Lichtenstein, Norway and Switzerland) are under way.
  • 10-Nov-2013 The Efta court clashes with Norway’s Supreme Court
    Norway’s Supreme Court was wrong to rule that companies posting workers to the Norwegian shipbuilding industry must pay their travel, board and lodging expenses, argues the Efta Court’s President in a general attack on the Supreme Court. He accuses it of being disloyal to the EEA agreement and indicates the last word may still not been had.
  • 28-Jan-2013 European Free Trade Association and Customs Union negotiate on free trade agreement
    Kazakh city of Astana hosts the seventh round of negotiations on free trade agreement between the member states of the Customs Union (CU) and the countries of the European Free Trade Association (EFTA) on January 28-31, Kazakh Economy and Budget planning ministry reported on Monday.
  • 6-Nov-2012 AGEFI Dernière ligne droite vers le libre-échange Suisse-Malaisie
    Johann Schneider-Ammann a achevé lundi sa mission économique en Asie du Sud-Est et quitté Kuala Lumpur avec un succès en poche. Le conseiller fédéral peut lancer les négociations pour un accord de libre-échange entre l’AELE et la Malaisie.
  • 29-Sep-2012 HK’s first free trade agreement with European economies to enter into force
    The Free Trade Agreement between Hong Kong and the Member States of the European Free Trade Association (EFTA States), namely Iceland, Liechtenstein, Norway and Switzerland, will soon enter into force, a spokesman of Hong Kong’ government announced Friday.
  • 4-Jul-2012 Vietnam+ Accord de libre-échange: début des négociations Vietnam-AELE
    Un mémorandum sur la reconnaissance par l’Association européenne de libre-échange (AELE) du statut d’économie de marché au Vietnam a été signé le 3 juillet à Hanoi par le ministre vietnamien de l’Industrie et du Commerce Vu Huy Hoang.
  • 7-Apr-2012 Tax News EFTA, Indonesia Hold FTA Negotiations
    The fourth round of negotiations towards a ’Comprehensive Economic Partnership Agreement’ between the European Free Trade Association states and Indonesia concluded on March 29, 2012.
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    Links

  • EFTA FTAs
    Database of all FTAs entered into by the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland.)
  • EFTA Secretariat
    Website of the EFTA Secretariat