Montenegro wraps up EFTA agreement talks.

By bne IntelliNews July 11, 2011
Montenegro completed negotiations with the European Free Trade Assocation (EFTA) and the two parties will sign an agreement in November, the country's economy ministry said in a news release. While the signing of the agreement will take place at the EFTA ministerial conference in the fall, its actual entry into effect will be in July 2012. The talks included a variety of areas, such as customs issues, agriculture and trade with goods. EFTA is an intergovernmental organisation, set up for the promotion of free trade and economic integration to the benefit of its four member states: Iceland, Liechtenstein, Norway and Switzerland.

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