Central European Free Trade Agreement (CEFTA)

The Central European Free Trade Agreement (CEFTA) is a regional pact among Southeast European countries that aims to promote economic cooperation by reducing or eliminating tariffs and trade barriers. It facilitates easier and more efficient cross-border trade of goods and services, encouraging economic growth and integration within the region. CEFTA helps member countries expand markets, attract investment, and improve their economic stability, fostering closer ties and cooperation among participating nations in Central and Southeastern Europe.