Baltic Free Trade Area

Baltic Free Trade Area

Infobox Former International Organization
native_name =
conventional_long_name = Baltic Free Trade Area
common_name = BAFTA|
continent = Europe
era = Post-Cold War
status = Disestablished
status_text = Disestablished|
year_start = 1994
year_end = 2004|
event_start = In force
date_start = 1 April 1994
event_end = European Union
date_end = 1 May 2004
event_pre = Signing
date_pre = 13 September 1993
s1 = European Union
flag_s1 = Flag of Europe.svg|




flag_type =


symbol =
symbol_type = |


image_map_caption = legend|#00FF80|Member states
common_languages = Estonian, Latvian and Lithuanian.
footnotes = The Baltic Free Trade Area (BAFTA) was a free trade agreement between Estonia, Latvia and Lithuania that existed between 1994 and 2004.

BAFTA was created to help prepare the countries for their accession to the European Union (the European Communities before 1993). Hence, BAFTA was created more as an initiative of the Communities than out of a desire Baltic states to trade between themselves: they were more interested in gaining access to the western European markets. [ [http://books.google.com/books?id=YvjOL51llNsC&pg=PA97&lpg=PA97&dq=%22Baltic+Free+Trade+Area%22+European+Union&source=web&ots=jTmnDDTqIE&sig=z3ioSBCZGSn8hyIvw0gliZWOcyg&hl=en&sa=X&oi=book_result&resnum=3&ct=result Reviving the European union By C. Randall Henning, Eduard Hochreiter, Gary Clyde Hufbauer] Google books]

BAFTA's agreement was signed by the three states on 13 September 1993 and came into force on 1 April 1994. On 1 January 1997 the agreement was extended to cover trade in agricultural produce. On 1 May 2004, all three states joined the European Union, and BAFTA ceased to exist.

BAFTA was part of general co-operation between the three countries, modelled on Nordic co-operation (see Nordic Council). Leaders met regularly and, as well as a free trade area, they formed a common visa area and started military co-operation due to the proximity of Russia. [ [http://www.ucm.sk/revue/2008/1/zajedova.pdf Baltic regional co-operation, Iivi Zájedová] , Slovenská politologická revue]

See also

* Free trade areas in Europe

References


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