EFTA

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World English Dictionary
EFTA (ˈɛftə)
 
n acronym for
European Free Trade Association; established in 1960 to eliminate trade tariffs on industrial products; now comprises Norway, Switzerland, Iceland, and Liechtenstein. Free trade was established between EFTA and the EC (now EU) in 1984. In 1994 EFTA (excluding Switzerland) and the EU together created the European Economic Area (EEA)

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American Heritage
Abbreviations & Acronyms
EFTA
European Free Trade Association
The American Heritage® Abbreviations Dictionary, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
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