Aside from the duty-free market access in the four wealthy countries, EFTA
will open access for the Philippines into its vast global network of preferential trade agreements outside the European Union.
Entering into an FTA with EFTA
is part of the country's strategy to gain a stronger foothold in the European market, which includes (1) applying and maximizing the benefits arising from the preferences provided by the European Union Generalised System of Preferences-Plus (EU GSP+), (2) negotiating a Philippines-EU FTA, and (3) concluding the Philippines-EFTA
FTA to have a wider reach in the region.
has built one of the largest global trade networks extending well beyond the confines of Europe.
Frick said that the EFTA
countries decided, after discussing the matter at a ministerial meeting in Trondheim, Norway, in June, to push for a new trade policy dialogue with the US.
Both the sides agreed that a recommendation to conclude a Joint Declaration on Cooperation between EFTA
states and Pakistan will be submitted to EFTA
Ministers at their next meeting on 28th June 2012.
The Kingdom's exports to EFTA
members, mainly Switzerland, stood at JD100 million last year while imports amounted to JD98 million
The agreement calls for more intensified trade contacts between EFTA
countries and the GCC, whose economy is set to grow steadily between now and 2020 at a faster rate than the global average, according to a report.
Korea and the EFTA
also agreed to accelerate liberalization of the services market through the bilateral FTA.
8% of Singapore's exports to EFTA
member countries would enjoy duty-free market access, up from 23.
, enacted in 1978, provides the basic framework that establishes the rights and responsibilities of participants in electronic payment systems.
European Union and the EFTA
Countries will be of interest to those who view the ongoing integration of Europe as relevant to the future of federalism, defined broadly.
The following analysis of the political and economic situation of Switzerland -- being a member of EFTA
and not the EEC -- facing the rapid EEC integration process happening "next door" is organized around six theses.