European Free Trade Association
The European Free Trade Association (EFTA) is a European trade bloc which was established on 3 May 1960 as an alternative for European states who didn't join the EEC. EFTA currently has four member states: Iceland, Norway, Switzerland, and Liechtenstein; just Norway and Switzerland are founding members.
The EFTA Convention was signed on 4 January 1960 in Stockholm by 7 states: Austria, Denmark, Norway, Portugal, Sweden, Switzerland and the United Kingdom. Finland became an associate member in 1961 and a full member in 1986; Iceland joined in 1970 and Liechtenstein did the same in 1991.
The United Kingdom and Denmark left in 1973, when they joined the European Community (EC). Portugal left EFTA in 1986, when it also joined the EC. Austria, Finland and Sweden ceased to be EFTA members in 1995 by joining the European Union, which superseded the EC in 1993.
Read more about this topic: European Integration
Famous quotes containing the words european, free, trade and/or association:
“In European thought in general, as contrasted with American, vigor, life and originality have a kind of easy, professional utterance. Americanon the other hand, is expressed in an eager amateurish way. A European gives a sense of scope, of survey, of consideration. An American is strained, sensational. One is artistic gold; the other is bullion.”
—Wallace Stevens (18791955)
“We have to hate our immediate predecessors to get free of their authority.”
—D.H. (David Herbert)
“... it must be obvious that in the agitation preceding the enactment of [protective] laws the zeal of the reformers would be second to the zeal of the highly paid night-workers who are anxious to hold their trade against an invasion of skilled women. To this sort of interference with her working life the modern woman can have but one attitude: I am not a child.”
—Crystal Eastman (18811928)
“An association of men who will not quarrel with one another is a thing which has never yet existed, from the greatest confederacy of nations down to a town meeting or a vestry.”
—Thomas Jefferson (17431826)