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European Free Trade Association

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  • Anonymous

Abstract

The Ministerial Council of the European Free Trade Association (EFTA) met in Lisbon on May 9–11, 1963, under the chairmanship of Mr. Corrêa d'Oliveira (Portuguese Minister of State). The Ministers decided to establish a final timetable for the dismantling of tariffs on industrial products. These tariffs would be eliminated by December 31, 1966. The next 10 percent reduction would take place on December 31, 1963, thus bringing intra-EFTA tariffs down to 40 percent of their level when EFTA began.

Suggested Citation

  • Anonymous, 1964. "European Free Trade Association," International Organization, Cambridge University Press, vol. 18(1), pages 204-207, January.
    • Handle: RePEc:cup:intorg:v:18:y:1964:i:1:p:204-207_21
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