Efta
Efta in Europe
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Efta
Description of EFTA (European Free Trade Association)
The Concise Publication of the European Union describes efta (european free trade association) in the following terms: [1] After World War II the UK favoured an expansion of free trade in Europe rather than the customs union with federalist ambitions which was created by the Treaty of Rome in 1957. In 1960 the UK took the lead in forming EFTA, the other signatories being Austria, Denmark, Norway, Portugal, Sweden and Switzerland (collectively known as the Seven, as opposed to the Six member states of the EEC); these were subsequently joined by Finland, Iceland and Liechtenstein. The objective was to establish a free trade area in industrial goods, first between the EFTA members and then throughout western Europe, without, however, imposing uniform external tariffs or submitting the signatories to the authority of supranational institutions.
Some 18 months after EFTA's formation, Harold Macmillan's government applied to join the EEC. Charles de Gaulle twice vetoed the UK's entry, but by 1973 the UK and Denmark had deserted EFTA for the Community, later followed by Portugal (1986) and Austria, Finland and Sweden (1995). Norwayhas twice been accepted into the Community but each time rejected membership by referendum. In 2000, therefore, EFTA consisted only of Iceland, Liechtenstein, Norway and Switzerland, of which all but Switzerlandwere closely linked to the EU by the Treaty constituting the European Economic Area.
EFTA and the European Union
Resources
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See Also
European Free Trade Association
Resources
Notas y References
Based on the book "A Concise Publication of the European Union from Aachen to Zollverein", by Rodney Leach (Profile Books; London)
Professional Content and Learning Tools
☑️ Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
See Also
Resources
Professional Content and Learning Tools
☑️ Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
See Also
See European Free Trade Association.