The Central European Free Trade Agreement ( CEFTA ) is a trade agreement between non- EU countries, members of which are now mostly located in Southeastern Europe . Founded by representatives of Poland , Hungary and Czechoslovakia , CEFTA expanded to Albania , Bosnia and Herzegovina , Bulgaria , Croatia , Czech Republic , Macedonia , Moldova , Montenegro , Romania , Serbia ,Slovakia , Slovenia and the United Nations Interim Administration Mission in Kosovo (UNMIK) on behalf of Kosovo .
Once a member country joins the European Union (EU), its CEFTA membership ends. As of 1 July 2013, the parties of the CEFTA agreement are: Albania, Bosnia and Herzegovina, Macedonia, Moldova, Montenegro, Serbia and the UNMIK on behalf of Kosovo.
As of 1 July 2013, the parties of the CEFTA agreement are: Albania , Bosnia and Herzegovina , Macedonia , Moldova , Montenegro , Serbia and Kosovo (as UNMIK ).
Train parts are Bulgaria , Croatia , Czech Republic , Hungary , Poland , Romania , Slovakia and Slovenia . Their CEFTA memberships ended when they became member states of the European Union (EU).
|Parties of agreement||joined||left|
|Czechoslovakia||Czech Republic (1993)||1992||2004|
|Bosnia and Herzegovina||2007||–|
Former Poznań Declaration criteria:
- World Trade Organization membership
- European Union Association Agreement with provisions for future full membership
- Free Trade Agreements with the current CEFTA member states
Current criteria since Zagreb meeting in 2005:
- WTO membership or commitment to compliance
- any European Union Association Agreement
- Free Trade Agreements with the current CEFTA member states
|Flag||Contracting party||Accession||Population||Area (km²)||Capital||GDP in millions (PPP) ||GDP per capita (PPP) |
|Republic of Albania||2007-01-01||2787615||28,748||Tirana||38526||13.396|
|Bosnia and Herzegovina||2007-01-01||3839265||51.209||Sarajevo||47.048||12.260|
|Republic of Macedonia||2006-01-01||2059794||25.333||Skopje||33748||16.243|
|Republic of Moldova||2007-01-01||3559500||33.843||Chisinau||21424||6.044|
|Republic of Serbia||2007-01-01||7241295||88,361||Belgrade||120466||17.285|
|Kosovo ( UNMIK )||2007-01-01||1798645||10.908||Pristina||20672||–|
History of CEFTA members from 1992 to 2013. All of the original members of the trade union members of the European Union (EU), and because of such, Southeast Europeannations, such as Albania , Bosnia and Herzegovina , Kosovo , [a] Montenegro, and Serbia , joined in and carried CEFTA.
The original CEFTA was signed by the Visegrád Group countries, which is by Poland, Hungary and Czech and Slovak republics (on the time of the Czech and Slovak Federative Republic ) on 21 December 1992 in Kraków , Poland. 1994. Through CEFTA, participates in the European Union’s efforts to engage European institutions through this European political, economic, security and legal systems, thereby consolidating democracy and free-market economics.
The agreement was amended by the agreements signed on 11 September 1995 in Brno and on July 4, 2003 in Bled .
Slovenia joined CEFTA in 1996, Romania in 1997, Bulgaria in 1999, Croatia in 2003 and Macedonia in 2006.
All of the parts of the original agreement CEFTA. Therefore, it was decided to extend the scope of the Balkan States, which already had completed a matrix of bilateral free trade agreements in the framework of the Stability Pact for South Eastern Europe . On 6 April 2006, at the South East Europe Prime Ministers Summit in Bucharest , a joint declaration on the expansion of CEFTA to Albania , Bosnia and Herzegovina , Moldova , Serbia , Montenegro and UNMIK on behalf of Kosovo was adopted. Accession of Ukraine has also been discussed.  The new enlarged agreement was initiated on 9 November 2006 in Brussels and was signed on 19 December 2006 at the South East European Prime Ministers Summit in Bucharest.  The agreement went into effect on 26 July 2007 for Albania, Kosovo, Macedonia, Moldova and Montenegro, on 22 August for Croatia, on 24 October for Serbia, and on 22 November 2007 for Bosnia and Herzegovina. The aim of the agreement was to establish a free trade zone in the region by 31 December 2010.
After the declaration of independence of Kosovo on 17 February 2008 UNMIK continued to represent Kosovo at all CEFTA meetings. At the end of 2008 Kosovo changed its customs stamps replacing UNMIK with Kosovo. This resulted in a trade bloc of Serbia and Bosnia that does not recognize the Republic of Kosovo.  The government in Pristina retaliated by imposing its own blockade on imports from Serbia. This article was published in July 2011. 
Relations with the European Union
ECFTA has been in charge of the European Union membership. Poland, the Czech Republic, Hungary, Slovakia, Slovenia joined the EU on 1 May 2004, with Bulgaria and Romania following suit on 1 January 2007. Croatia joined the EU on 1 July 2013.
Montenegro and Serbia -have-been Undergoing EU accession talks since 2012 and 2013, whereas Albania and Macedonia are official candidate countries of the EU.
At the EU’s recommendation, the future members prepared for membership by establishing free trade areas. A large proportion of CEFTA foreign trade is with EU countries.
- Economy of Europe
- Free trade areas in Europe
- European Free Trade Association (EFTA)
- Enlargement of the European Union
- Stability Pact for South Eastern Europe (includes a matrix of bilateral FTAs)
Notes and references
|at.||^ Kosovois the subject of a territorial row entre lesRepublic of Kosovoand theRepublic of Serbia. The Republic of Kosovo has beenunilaterally declared independenceon 17 February 2008, butSerbia continues to claimits share of itsown sovereign territory. The two governmentsbegan to normalize relationsin 2013, as part of theBrussels Agreement. Kosovo HAS RECEIVED formal recognition as an independent state from112out of 193United Nationsmember states.|
- ^ Jump up to:a b Data for 2015. International Monetary Fund , World Economic Outlook Database
- Jump up^ http://www.eciks.org/english/lajme.php?action=total_news&main_id=417
- Jump up^ Ukraine, Croatia broaden ties
- Jump up^ „Archived copy“ (PDF) . Archived from the original (PDF) on 2008-02-27 . Retrieved 2008-04-09 .
- Jump up^ GAP Policy Brief # 17: Kosovo and CEFTA: In or Out? March 2011[ permanent dead link ]
- Jump up^ „Kosher Serbs block disputed border crossings“ . The Australian . September 16, 2011 . Retrieved 1 November 2013 .