OrbitaxOrbitax

Free Trade Agreement Between EFTA and GCC States has Entered into Force

|Treaty Development|Iceland-Liechtenstein-Norway-Switzerland ...
Iceland-Liechtenstein-Norway-Switzerland-Bahrain-Kuwait-Oman-Qatar-Saudi Arabia-Untd A Emirates

The free trade agreement between the Member States of the European Free Trade Association (EFTA) and Member States of the of the Co-operation Council for the Arab State of the Gulf (GCC) entered into force on 1 July 2014.

Under the agreement, EFTA States abolish all customs duties on imports of products originating from GCC States. GCC States abolish customs duties on most imports from EFTA st…