IDEAS home Printed from https://ideas.repec.org/a/cup/intorg/v14y1960i1p219-220_17.html
   My bibliography  Save this article

European Free Trade Association

Author

Listed:
  • Anonymous

Abstract

The convention of the newest European economic organization, the European Free Trade Association (EFTA), was initialed in Stockholm, Sweden, on November 20, 1959, by cabinet ministers of Austria, Denmark, Norway, Portugal, Sweden, Switzerland, and the United Kingdom. Under terms of the Stockholm agreement, according to the press, the seven nations were to eliminate trade barriers toward each other on a gradual basis designed to bring full free trade by 1970. Import tariffs in force on January 1, 1960, were due to be reduced 20 percent as of July 1, with subsequent tariff cuts at the rate of 10 percent a year. In addition to gradual mutual freedom of trade, the seven nations agreed to economic integration and harmonization of wages, social benefits, and other production cost factors. However, unlike the six members of the European Economic Community (EEC), the seven planned to retain their national tariff systems toward the exports of non-members.

Suggested Citation

  • Anonymous, 1960. "European Free Trade Association," International Organization, Cambridge University Press, vol. 14(1), pages 219-220, January.
  • Handle: RePEc:cup:intorg:v:14:y:1960:i:1:p:219-220_17
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0020818300001909/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. McDaniels, Devin & Molina, Ana Cristina & Wijkström, Erik, 2018. "How does the regular work of WTO influence regional trade agreements?," WTO Staff Working Papers ERSD-2018-06, World Trade Organization (WTO), Economic Research and Statistics Division.
    2. Christodoulos Kaoutzanis & Paul Poast & Johannes Urpelainen, 2016. "Not letting ‘bad apples’ spoil the bunch: Democratization and strict international organization accession rules," The Review of International Organizations, Springer, vol. 11(4), pages 399-418, December.
    3. Molina, Ana Cristina & Khoroshavina, Vira, 2018. "How regional trade agreements deal with disputes concerning their TBT provisions?," WTO Staff Working Papers ERSD-2018-09, World Trade Organization (WTO), Economic Research and Statistics Division.
    4. Trocan, Laura Magdalena, 2010. "The European Free Trade Association – 50 Years of Existence," Annals - Juridical Science Series, Constantin Brancusi University, Faculty of Juridical Sciences, vol. 1, pages 141-164, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:intorg:v:14:y:1960:i:1:p:219-220_17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/ino .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.