CEFTA - Central European Free Trade Agreement Information

CEFTA - Framework for The Economy of The Future CEFTA 2006 as a framework aims at expanding regional trade in goods and services, creating an attractive environment for investment, and contributing to economic development and cooperation within the Parties. Laying down on the principles of WTO rules and procedures and harmonising its policies with the EU legislation, CEFTA 2006 provides an effective instrument for the Parties to accelerate not only the regional but also their european integration agenda. Since the establishing, CEFTA has been deepening the areas of cooperation based on the needs of the businesses and strengthening trading relations between the Parties. From achieving the full liberalisation of trade in goods and further liberalisation in trade in services, via reducing trade related costs, harmonising the policies within the Parties based on the EU legislation, to expediating trade between Parties through electronic exchange of information, CEFTA has proven as a framework that ensures transparent trade relations between the Parties that can enable the businesses to improve their capacities for different markets.