The European Free Trade Association (EFTA) is the intergovernmental organisation of Iceland, Liechtenstein, Norway and Switzerland. It was set up in 1960 by its then seven Member States for the promotion of free trade and economic integration between its members.
Which countries are in the EFTA?
The 4 EFTA countries
Is Norway in the European Commission?
Norway is not a member state of the European Union (EU). However, it is associated with the Union through its membership of the European Economic Area (EEA), signed in 1992 and established in 1994.
Is Norway free trade?
Norway negotiates free trade agreements with other countries through the European Free Trade Association (EFTA). The trade agreements secure Norwegian business’ access to international markets and facilitate trade with partner countries.
Is Norway in the eu27?
The 27 EU member states plus. Liechtenstein. Iceland. Norway.
Are Norway and Switzerland in the Customs Union?
Norway is part of the EU’s single market (it is a member of the European Economic Area), but it is not part of the customs union.
Is EFTA rich?
A relatively quick recovery The four countries which make up the European Free Trade Association (EFTA) are among the wealthiest in the world. Liechtenstein has a strong banking sector and successful companies in machinery and the construction business.
Is Norway in NATO?
As a founding member of the North Atlantic Treaty Organization, Norway has been an active participant in NATO since the signing of the North Atlantic Treaty in Washington on the 4th of April 1949. … Together with the other member nations, the Delegation develops and implements NATO policies, programs and activities.
Is Norway subject to the GDPR?
The GDPR was adopted in the EEA through a Joint Committee Decision on 6 July 2018. The Personal Data Act, including the GDPR, entered into force in Norway on 20 July 2018.
What continent is Norway?
Norway comprises of a mainland on the western Scandinavian Peninsula as well as Jan Mayen Island and the Svalbard Archipelago in the Arctic Ocean. It is one of the countries on the northern region of the continent of Europe.