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On 11 December, the ninth and last Council meeting of the year under the Swiss chairmanship took place in Geneva. Liechtenstein will take over the rotating EFTA Chair in the first half of 2019.

The Standing Committee of the EFTA States and the EEA Joint Committee met in Brussels on 4 and 5 December respectively. At the Joint Committee meeting, 39 decisions (JCDs) were adopted incorporating 59 EU legal acts into the EEA Agreement, including acts long outstanding such as the Omnibus II Directive and the fourth Anti-Money Laundering Directive.

On 23 November 2018, the European Free Trade Association (EFTA) held its biannual Ministerial Meeting in Geneva. The meeting was chaired by Mr Johann N. Schneider-Ammann, Federal Councillor, Head of the Federal Department of Economic Affairs, Education and Research

Ministers from the Member States of the European Free Trade Association (EFTA) – Iceland, Liechtenstein, Norway and Switzerland – and from Kosovo, signed a Joint Declaration on Cooperation (JDC) on 23 November 2018 in Geneva, Switzerland. Through the JDC, both sides commit to further strengthening their economic relations. The JDC establishes a Joint EFTA-Kosovo Committee, thereby providing the Parties with a forum for discussing ways and means to enhance economic exchange and cooperation between the two sides.