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The European Free Trade Association - An Intergovernmental Platform for Trade Relations (Paperback)
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The European Free Trade Association - An Intergovernmental Platform for Trade Relations (Paperback)
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This book shall be an introduction into the European Free Trade
Association (EFTA) as an international organization and, inter
alia, as a platform for its member states' relations with the EU
and for jointly negotiated Free Trade Agreements. EFTA - originally
set up by the UK - is an example of how countries that do not want
to be members of the EU can still have close links with it. EFTA is
a loose intragovernmental association of some economically highly
specialised, small and wealthy Western European small states which
have, until now, decided not to join the European Union (EU).
Essentially it is the platform for Iceland, Liechtenstein, Norway
and Switzerland to coordinate their free trade policies as far as
possible. Iceland, Liechtenstein and Norway also use EFTA, in
particular its Secretariat, to manage their membership of the
European Economic Area (EEA) and to adopt relevant legislation into
the Agreement. Particularly in the context of Brexit it should also
be noted that there are elements of the relations between the four
EFTA States and the EU which are not necessarily based on either
the EEA Agreement or the EU-Swiss Agreements. Until recently, EFTA
was considered an outdated model. However, since Brexit interest in
EFTA has increased. Where the subject was covered in the press, but
also in relevant statements by politicians, there was hardly any
distinction made between 'EFTA' and the 'EEA'. This book is not
about Brexit, rather it will correct certain misconceptions about
EFTA and provide a clear overview on what EFTA is: a platform for
the economic relations between its member states; a platform for
its member states' free trade policy and a platform for its member
states' relations with the EU. There will be food for thought on
the UK's future outside the EU.
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