The Council discussed relations with several of EFTA's current and possible future free-trade partners, including Egypt, Peru and India.

The Council also reviewed preparations for the informal Ministerial meeting to be held on 25 November in Geneva where Ministers will focus on EFTA’s trade relations with countries outside the European Union.  Ministers will also meet with the EFTA Parliamentary Committee, which is a forum for Parliamentarians of the four EFTA states, providing EFTA with a valuable link to political life in its Member States.

The Council also approved the statement of account for the Association for 2007 and discharged the Secretary-General of his responsibilities for the financial period in question.

The next Council meeting will take place on 8 December 2008.