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EFTA

   Also found in: Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.38 sec.
EFTA
abbr.
European Free Trade Association

EFTA European Free Trade Association
Translations
Spanish EFTA [ˈɛftə] n abbr (= European Free Trade Association) → EFTA f
French EFTA [ˈɛftə] n abbr (= European Free Trade Association) → AELE f (Association européenne de libre-échange)
German EFTA [ˈɛftə] n abbr (= European Free Trade Association) → EFTA f
Italian EFTA [ˈɛftə] n abbr (= European Free Trade Association) → E.F.T.A f

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The types of transfers covered by the EFTA include transfers initiated through point-of-sale terminals, automated teller machines, and others.
There are quite a few other acronyms that come into play with NAFTA such as: CAGF, CARICOM, OAS, EEC, EFTA, CEFTA, ACM, OAU, APEC and ASEAN.
Britain never really believed EFTA could last: its real purpose was as a bargaining-chip that could lead to a wider European free trade area encompassing both the Six and the Seven.
 
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