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The Central European Free Trade Agreement (CEFTA) is an international trade agreement between countries mostly located in Southeastern Europe. Founded by representatives of Poland , Hungary and Czechoslovakia , CEFTA in 2006 expanded to Albania , Bosnia and Herzegovina , Bulgaria , Croatia , Moldova , Montenegro , North Macedonia , Romania ...
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Central European Free Trade Agreement (CEFTA) aims at enhancing trade in goods and services, seeks to eliminate trade barriers between the Parties and attract investment to the region through fair, stable and predictable trade rules.
Central European Free Trade Agreement (CEFTA) aims at enhancing trade in goods and services, seeks to eliminate trade barriers between the Parties and attract investment to the region through fair, stable and predictable trade rules.
The Central European Free Trade Agreement is a trade deal made by European countries that are non-EU member states. The free trade area encompasses seven nations that together cover a combined area of 97,463 square miles.
CEFTA was originally established in 1992 to promote trade between countries in Central and Eastern Europe that do not belong to the European Union. Today, CEFTA comprises the 8 Balkan states of Albania, Bosnia and Herzegovina, Moldova, Montenegro, North Macedonia, Serbia and Kosovo.
Mar 15, 2017 · The Central European Free Trade Agreement (CEFTA) was established on December 21, 1992 as a trade agreement by the Visgrad Group. This agreement hoped to mobilize efforts to integrate into the western European institutions, and eventually join European political, economic, security, and legal systems. The eventual goal was to consolidate ...
a. Consolidate in a single agreement the existing level of trade liberalisation achieved through the network of bilateral free trade agreements already concluded between the Parties; b. Improve conditions further to promote investment, including foreign direct investment;
