Scandinavian Trade Agreement

The Baltic Free Trade Area was a free trade agreement between Estonia, Latvia and Lithuania, which existed between 1994 and 2004. What is EFTA doing to prepare for future trade relations with the UK? Switzerland and the United Kingdom have concluded and signed several agreements in the areas of trade, migration, air transport, road transport, financial services and citizens` rights. These agreements will remain in force until a new free trade agreement is negotiated and enters into force. As a result of Liechtenstein`s participation in the Swiss customs territory, parts of these agreements have been extended to Liechtenstein. NAFTA was part of the overall cooperation between the three countries within the framework of the Baltic Assembly, along the model of Nordic cooperation (see Nordic Council). In addition to the free trade area, they constituted a common visa area. Heads of State and Government continue to meet regularly, but the Assembly now focuses on international issues, including economic development and military cooperation due to proximity to Russia. [4] Given that Switzerland is an EFTA member state but is not part of the EEA, what will be the future trade relationship between Switzerland and the United Kingdom? Fisheries – The EFTA Agreement guarantees free trade in fish and other seafood products between Member States. The united Kingdom`s accession would therefore imply better access to the British market for these products than the current EFTA states are today. The EEA Agreement does not apply to the EU`s common agricultural and fisheries policy, although it controls provisions on trade in agricultural and fishery products. It does not include a customs union, a common commercial policy, a common foreign and security policy, justice and home affairs, harmonised taxation or economic and monetary union.

The EFTA States are involved in many processes aimed at keeping trade relations with the United Kingdom as close as possible. Schengen is not part of the EEA Agreement. However, the four EFTA States participate in Schengen and Dublin through bilateral agreements. They shall apply all the relevant provisions of the acquis. CEFTA has expanded towards southern Europe with members from the Western Balkans and Moldova. . . .