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Central European Free Trade Agreement information


Central European Free Trade Agreement (CEFTA)
Native names
  • Marrëveshja e Tregtisë së Lirë të Evropës Qendrore (Albanian)
    Centralnoevropski sporazum o slobodnoj trgovini (Bosnian)

    Централноевропски договор за слободна трговија (Macedonian)
    Acordul Central European al Comerțului Liber (Romanian)
    Централноевропски договор о слободној трговини (Serbian)
Logo of the Central European Free Trade Agreement
Logo
Map of Europe (grey) indicating the members of CEFTA (blue)
Map of Europe (grey) indicating
the members of CEFTA (blue)
CEFTA SecretariatBrussels
Working languageEnglish
Official languages
of contracting states
7 languages
  • Albanian
  • Bosnian
  • Croatian
  • Macedonian
  • Montenegrin
  • Romanian
  • Serbian
TypeTrade agreement
Membership
  • Central European Free Trade Agreement Albania
  • Central European Free Trade Agreement Bosnia and Herzegovina
  • Central European Free Trade Agreement Moldova
  • Central European Free Trade Agreement Montenegro
  • Central European Free Trade Agreement North Macedonia
  • Central European Free Trade Agreement Serbia
  • United Nations UNMIK on behalf of Kosovo
Leaders
• Chair-in-office 2023
Central European Free Trade Agreement Serbia[1]
• Acting Director of the CEFTA Secretariat
Danijela Gačević
Establishment
• Agreement signed
21 December 1992
• CEFTA 2006 Agreement signed
19 December 2006
Area
• Total
252,428 km2 (97,463 sq mi)
Population
• 2022 estimate
19,548,563
• Density
85/km2 (220.1/sq mi)
GDP (PPP)2023 estimate
• Total
$423.680 billion[2]
• Per capita
$19,000
GDP (nominal)2023 estimate
• Total
$153.863 billion
• Per capita
$7,100
Currency
6 currencies
  • Albania  ALL  Lek
  • Bosnia and Herzegovina  BAM  Convertible mark
  • Kosovo  EUR  Euro
  • Moldova  MDL  Leu
  • Montenegro  EUR  Euro
  • North Macedonia  MKD  Denar
  • Serbia  RSD  Dinar
Time zoneUTC+1, UTC+2
• Summer (DST)
UTC+2, UTC+3
Website
https://cefta.int/

The Central European Free Trade Agreement (CEFTA) is an international trade agreement between countries mostly located in Southeastern Europe. Founded by representatives of Poland, Hungary and Czechoslovakia, CEFTA in 2006 expanded to Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Moldova, Montenegro, North Macedonia, Romania, Serbia, Slovenia and the UNMIK (on behalf of Kosovo, in accordance with UNSCR 1244).[3]

  1. ^ https://cefta.int/wp-content/uploads/2022/06/CEFTA-Priorities-2024.pdf
  2. ^ World economic outlook databases. International Monetary Fund. Retrieved 1 April 2021.
  3. ^ "About Central European Free Trade Agreement (CEFTA)". CEFTA. Retrieved 2023-06-08.

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