Definicija: Intergovernmental organization established by the Treaty of Stockholm (4 January 1960). Participant nations: Norway, Switzerland, Iceland and Liechtenstein. Denmark, the United Kingdom, Portugal, Austria, Sweden and Finland, who also signed the establishing Treaty, left on accession to the Community. Bilateral agreements with the EEC and ECSC which established, on 1 January 1984, a free-trade area for industrial products (abolition of customs duties and all quantitative restrictions or measures having equivalent effect). 18 July 1990: decision of the EC to open negotiations with a view to concluding a closer association agreement with EFTA designed to establish a European Economic Area (q.v.).

Definicija: Aims: to promote the progressive harmonization and unification of the law of international trade. Activities: preparation of legal texts on specific topics of international trade law. Coordination of activities of other international organizations working in the field.