The European Free Trade Association (EFTA) is an intergovernmental organization established in 1960 to promote free trade and economic integration among its member countries. Originally formed by seven countries, it now includes Iceland, Liechtenstein, Norway, and Switzerland. EFTA focuses on reducing trade barriers and enhancing cooperation in various sectors. EFTA has established free trade agreements with several countries and regions, including the European Union (EU). While EFTA members are not part of the EU, they benefit from trade relations and access to the EU market through these agreements, fostering economic growth and collaboration.