EFTA
Organizations & Companies abbreviation · International Organization
| Stands for | European Free Trade Association |
|---|---|
| Categories | Organizations & Companies |
EFTA stands for European Free Trade Association, an international organization abbreviation.
Free trade organization of four European countries outside the EU: Iceland, Liechtenstein, Norway and Switzerland. It negotiates trade agreements with other countries and, except Switzerland, takes part in the European Economic Area.
Example: EFTA signed a free trade agreement with India covering investment commitments.
Usage notes
Founded in 1960 by the Stockholm Convention, it originally included the United Kingdom, Austria, Denmark, Portugal and Sweden, most of which later joined the European Community. Its secretariat is in Geneva. Switzerland relates to the EU through a series of bilateral agreements instead of the EEA.
Related abbreviations
More international organization abbreviations
- EBRD – European Bank for Reconstruction and Development
- ECHR – European Convention on Human Rights
- ECOSOC – United Nations Economic and Social Council
- ECOWAS – Economic Community of West African States
- EEA – European Economic Area
- EEC – European Economic Community
- ESA – European Space Agency
- EU – European Union
- FAO – Food and Agriculture Organization of the United Nations
- FATF – Financial Action Task Force
- FSB – Financial Stability Board
- FVEY – Five Eyes