Relations With The EU
All former participating countries had previously signed association agreements with the EU, so in fact CEFTA has served as a preparation for full 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 is to join the EU in 2013. Serbia, Macedonia and Montenegro are also 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.
Read more about this topic: Central European Free Trade Agreement
Famous quotes containing the word relations:
“The land is the appointed remedy for whatever is false and fantastic in our culture. The continent we inhabit is to be physic and food for our mind, as well as our body. The land, with its tranquilizing, sanative influences, is to repair the errors of a scholastic and traditional education, and bring us to just relations with men and things.”
—Ralph Waldo Emerson (1803–1882)