Annual Report 2024

European Free Trade Association

Foreword from the Secretary-General

2024 was an exceptional year for EFTA, with the conclusion of five free trade agreements and the celebration of 30 years of the European Economic Area.

Read the foreword

EFTA States

Iceland

Iceland

Capital: Reykjavik
Language: Icelandic
Currency: Icelandic króna (ISK)
Government website

Liechtenstein

Liechtenstein

Capital: Vaduz
Language: German
Currency: Swiss franc (CHF)
Goverment website

Norway

Norway

Capital: Oslo
Language: Norwegian, Sami
Currency: Norwegian krone (NOK)
Government website

Switzerland

Switzerland

Capital: Bern
Language: German, French, Italian, Romansh
Currency: Swiss franc (CHF)
Government website

2024 Highlights

Trade Relations

165

Meetings with partners

173

EFTA internal meetings

18

Heads or high-level meetings with partners

EEA Coordination

557

Legal acts incorporated into the EEA Agreement

8

EEA Joint Committee meetings

2

EEA Council meetings

 

Statistical Cooperation

4

Courses under the European Statistical Training Programme financed and co-organised by EFTA

6

EFTA national experts seconded to Eurostat

98%

of Eurostat meetings under the European Statistical System relevant to the EFTA States were attended by EFTA experts

 

Internal Market

 

42

 meetings under Subcommittee I

24

 meetings under Subcommittee II

4

 meetings under Subcommittee III

23 

 meetings under Subcommittee IV

4

 meetings under Subcommittee V

3

 EEA EFTA Comments submitted

Outreach

6
Events held at EFTA house
700+
EEA Seminar participants
8
Newsletters
1 200
Attendees at EFTA presentations
3 500
New followers on LinkedIn

2024 Moments

January

Foreign Ministers of the EEA EFTA States issue a joint statement on the 30th anniversary of the EEA Agreement 

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March

EFTA and India sign a trade and economic partnership agreement 

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EFTA parliamentarians visit Argentina and Brazil to support negotiations on an agreement with Mercosur 

EFTA’s anniversary edition of the EEA Seminar draws 500 participants 

April

The EFTA Consultative Committee convenes in Brussels for meetings with the EFTA Standing Committee, EU representatives and national policy experts 

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EFTA and Vietnam Heads of Delegation meet to take stock of negotiations on a free trade agreement  

EFTA holds a technical cooperation seminar with Peru  

EFTA and Singapore meet for an eighth round of negotiations towards a digital economy agreement 

June

EFTA and Chile sign a modernised free trade agreement 

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August

EFTA and Thailand make significant progress in free trade negotiations 

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EFTA and Ukraine move closer to concluding free trade negotiations 

September

EFTA and Kosovo conclude negotiations on a free trade agreement 

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EFTA and ASEAN adopt a joint declaration on economic cooperation 

The EFTA States and Tunisia update their free trade agreement with modernised rules of origin 

November

EFTA and Thailand conclude free trade negotiations 

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EEA EFTA and EU representatives meet in EFTA House for the 59th EEA Council, the highest cooperation body under the EEA Agreement 

EFTA and Indonesia hold trade promotion seminars in Jakarta and Bandung 

The annual EFTA ECOFIN meeting takes place in Brussels 

December

EFTA and Ukraine conclude negotiations on a modernised free trade agreement 

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EFTA Secretariat

14

different nationalities including

73 EFTA nationals

Staff Generations

 

4%

Baby Boomers

29%

Generation X

52%

Millennials

14%

Generation Z

Annual Report 2024

European Free Trade Association