Delegations took stock of their economic relations. They shared the expectation that the improved implementation of their Interim Free Trade Agreement would lead to a further deepening of trade exchanges between the Parties. To that end, the Joint Committee adopted five decisions, including decisions that upgrade the Agreement and allow for a more efficient implementation of its rules to the benefit of the economic operators both in the Palestinian Territories and the EFTA States.
The EFTA-PLO/PA Interim Agreement covers trade in goods and contains provisions for a possible future liberalization of other areas of common interest such as services and investment.
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