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EFTA member countries Map shows a world map, where the members of EFTA have been shown using purple color. EFTA stands for European Free Trade Association (EFTA). The Association was established on May 3, 1960 as an alternative for European states that did not join the European Union. It was established by Austria, Denmark, Great Britain, Norway, Portugal, Sweden and Switzerland. The EFTA Convention was signed on January 4, 1960 in Stockholm by seven states. The current members of EFTA are Iceland, Liechtenstein, Norway, and Switzerland. EFTA began with goals of establishing free trade among members and to seek a broader economic union with the rest of Western Europe. EFTA comprises of institutions such as the Secretariat, the EFTA Council, the EFTA Surveillance Authority and the EFTA Court. The headquarters of the EFTA Secretariat are in Geneva, Switzerland. Iceland, Liechtenstein and Norway signed an Agreement on the European Economic area (EEA) in 1992. In entered into force in 1994. The headquarters of the EFTA Surveillance Authority are in Brussels, Belgium. The EFTA Court has its headquarters in Luxembourg. The EFTA Surveillance Authority's function is to regulate the European Commission's role as "guardian of the treaties" for the EFTA countries. | |||||
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