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EFTA |
Also found in: Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
EFTA [ˈɛftə] n acronym for
(Economics) European Free Trade Association; established in 1960 to eliminate trade tariffs on industrial products; now comprises Norway, Switzerland, Iceland, and Liechtenstein. Free trade was established between EFTA and the EC (now EU) in 1984. In 1994 EFTA (excluding Switzerland) and the EU together created the European Economic Area (EEA) Translations EFTA [ˈɛftə] n abbr (=European Free Trade Association) → AELE f(= Association européenne de libre-échange) EFTA [ˈɛftə] n abbr =European Free Trade Association → E.F.T.A f EFTA [ˈɛftə] n abbr =European Free Trade Association → E.F.T.A f How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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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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