EFTA Convention

The EFTA Convention is an agreement among the European Free Trade Association (EFTA) member countries to promote free trade and economic cooperation. It establishes rules to reduce tariffs, eliminate barriers to trade, and facilitate the movement of goods, services, people, and investments between member states. The goal is to foster closer economic integration, boost economic growth, and provide a framework for resolving trade disputes efficiently among the participating countries. Essentially, it helps EFTA nations work together more easily and benefit from increased trade opportunities.