Economics Trade Agreements Questions Medium
CEFTA, which stands for Central European Free Trade Agreement, is a trade agreement among several countries in Central and Eastern Europe. As of 2021, the member countries of CEFTA are Albania, Bosnia and Herzegovina, Kosovo*, Moldova, Montenegro, North Macedonia, and Serbia. CEFTA aims to promote trade liberalization and economic integration among its member states by reducing trade barriers, harmonizing regulations, and fostering cooperation in various sectors.