About CEFTA

Name: Central European Free Trade Agreement
Abbreviation: CEFTA
Seat: Poland has been appointed the Depositary of the ratification instruments.
Established: Signed on December 21, 1992, Krakow applied as of March 1, 1993.
Control body: Joint Committee (JC)
CEFTA is the most important multilateral agreement on free trade in the region of the Central and Southeastern Europe. Its importance is also stressed by the fact that Prime-Ministers of the CEFTA Parties meet annually since the year 1994.
Chairmanship in the CEFTA Joint Committee: 1993: Czech Republic
1994: Republic of Hungary
1995: Republic of Poland
1996: Slovak Republic
1997: Republic of Slovenia
1998: Czech Republic
1999: Republic of Hungary
2000: Republic of Poland
2001: Romania
2002: Slovak Republic
2003: Republic of Slovenia
2004: Republic of Bulgaria
CEFTA Parties: Czech Republic, Republic of Hungary, Republic of Poland, Slovak Republic, Republic of Slovenia (accession on January 1, 1996), Romania (accession on July 1, 1997), Republic of Bulgaria (accession on January 1, 1999), Republic of Croatia (accession on March 1, 2003).
Official language: English
Main objective: Establishment of a free trade area by gradual liberalization of mutual trade relations and by the removal of tariff and non-tariff barriers to trade during a transitional period.


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