NAMES
MEMEBERS
Maintaining and developing the EFTA Convention, which
regulates economic relations between the four EFTA States;
Managing the Agreement on the European Economic
Area (EEA Agreement), which brings together the Member
States of the European Union and three of the EFTA “Internal
Market”.
Hifza
Younas
Roll No
128
FUNCTIONS
EFTA: The European
Free Trade Association
Developing EFTA’s worldwide network of free trade
agreements.
Iceland, Liechtenstein, Norway and
Switzerland
Common Market
SAARC – South Asian
Association for Regional
Cooperation
NAFTA: North
American Free Trade
Agreement
Provides a platform for the people of South Asian countries to
work together in a spirit of trust and understanding.
Afghanistan, Bangladesh, Bhutan,
India, Nepal, Maldives, Pakistan and
Sri Lanka.
Free Trade Area
NAFTA is responsible to eliminate trade barriers among its
member countries, promote a free trade environment and to
increase investment Opportunities.
Canada, United States and Mexico
Free Trade environment
Defence Pact
Mano River Union
LIAI: Latin American
Integration Association
Accelerate economic growth, social progress
and cultural advancement of our two countries ... by active
collaboration and mutual assistance in matters of common
interest in economic, social, technical, scientific and
administrative fields
Promotion and regulation of reciprocal trade Economic
complementation
Development of economic cooperation actions contributing to
the markets extension
Guinea, Liberia, Sierra Leone, and Côte
d'Ivoire
Argentina, Bolivia, Brazil, Chile,
Colombia, Cuba, Ecuador, Mexico,
Paraguay, Peru, Uruguay, and
Venezuela
Understand the aims and functions of the Andean Community
Andean Community
Assess the benefits for the members & economic profile
Economic integration process (free-trade area and customs
union) and the foreign trade, Analyze the Andean Integration
System & Andean Community Customs, Explore the
international relations and Know the role of the Andean
Development Corporation
Bolivia, Colombia, Ecuador and Peru.
Chile, Argentina, Brazil, Paraguay and
Uruguay
Free Foreign Trade And Custom Union
SADC: Southern African
Development Community
Achieve development and economic growth, alleviate poverty,
enhance the standard and quality of life, Promote and defend
peace and security, Promote self-sustaining development;
Promote and maximize productive employment & utilization of
resources of the region, Achieve sustainable utilization of
natural resources &effective protection of the environment,
Strengthen and consolidate the long-standing historical, social
and cultural affinities and links among the people of the
Region.
Angola, Botswana, Congo (DR),
Lesotho, Malawi, Mauritius,
Mozambique, Namibia, Seychelles,
South Africa, Swaziland, Tanzania,
Zambia and Zimbabwe
Free Trade, Custom Union ,Common Marketand
Economic Union
FTAA: Free Trade
Association of America
Political Action, Protection of Manufacturers; Property Rights,
Equal Opportunity, Free Marketplace
Free Trade
Central European Free
Trade Agreement
Free Trade
(CEFTA)
AFTA: ASEAN Free
Trade Area
ASEAN: Association of
South East Asian Nations
IOR-ARC – Indian Ocean
Rim Association for
Regional Cooperation
Monitoring, Coordinating , Research , Public Relations
To increase economic growth
Social progress, Promote regional space and stability.
Free Trade Area
Visa-free
Sustainable growth and development of its members.
Antigua & Barbuda, Argentina,
Bahamas, Barbados, Belize, Bolivia,
Brazil, Canada, Colombia, Chile, Costa
Rica, Dominica, Dominican Republic,
Ecuador, El Salvador, Grenada,
Guatemala, Guyana, Haiti, Honduras,
Jamaica, Mexico, Nicaragua, Panama,
Paraguay, Peru, St. Kitts and Nevis
Albania, Bosnia, Herzegovina, North
Macedonia, Moldova, Montenegro,
Serbia,
UNMIK (on behalf of Kosovo)
Brunei, Indonesia, Malaysia,
Philippines, Singapore and Thailand
Brunei, Malaysia, Singapore, Vietnam,
Indonesia, Laos, Cambodia, Thailand,
Philippines and Myanmar.
Australia, Bangladesh, Comoros, India,
Indonesia, Iran, Kenya, Madagascar,
Malaysia, Mauritius, Mozambique,
Oman, Seychelles, Somalia, Singapore,
South Africa, Sri Lanka, Tanzania,
Thailand, UAE and
Yemen.
SAARC – South Asian
Association for Regional
Cooperation
Provides a platform for the people of South Asian countries to
work together in a spirit of trust and understanding.
Its main goals are to accelerate sustained economic
development.
MERCOSUR
Free Trade Area, Custom Union
Manage soviet breakup and preserve many of the preexisting
economic political and military tides among the soviet republics
CIS
To provide assistance to all which are member and to resolve
any problems which may arise
Coordinate foreign policies across all nations and promote
economic development
CARICOM
Free Trade, Custom union and Economic union

COMESA Common
Market for Eastern and
Southern Africa
Monitor and investigate practices within common markets,
makes recommendations to committee for initial
determination, promote and protect consumer welfare,
inform about consumer protections policy
Developing and disseminating information about
competition policy and consumer protection policy
Afghanistan, Bangladesh, Bhutan,
India, Nepal, Maldives, Pakistan and
Sri Lanka.
Brazil, Argentina, Venezuela, Paraguay
and Uruguay. Its associate
Members include Bolivia, Chile,
Colombia, Ecuador and Peru.
Azerbaijan, Armenia, Russia, Ukraine,
Kazakhstan,
Belarus, Turkmenistan, Uzbekistan,
Georgia, Moldova, Kyrgyzstan and
Tajikistan.
Antigua and Barbuda, The Bahamas,
Barbados, Belize, Dominica, Grenada,
Guyana, Haiti, Jamaica, Montserrat,
Saint Kitts and Nevis, Saint Lucia,
Saint Vincent and the Grenadines,
Suriname, and Trinidad and Tobago.
Comoros, the Democratic Republic of
Congo, Djibouti, Egypt, Eritrea,
Ethiopia, Kenya, Libya, Madagascar,
Malawi, Mauritius, Rwanda, Sudan,
Swaziland, Seychelles, Uganda,
Zambia and Zimbabwe
Free Trade and Custom Union
Economic Community of
Central African States
To achieve collective autonomy, raise the standard of living
of its populations and maintain economic stability through
harmonious cooperation
Works to foster stability, security and prosperity,
democracy, fundamental freedoms and the rule of law at
international level.
European Union
common market for goods, services, capital, and
labor
free trade between members and have Economic
Union
Social equality, promote entrepreneurship& innovation by
connecting technology start-ups with funding and mentors,
reduce non-renewable energy & doubling the share of
renewable energy by 2030, improve logistics and transport
networks, improve physical infrastructure linkages, people
mobility and institutional ties across the Asia-Pacific, foster
transparency, competition, better functioning markets,
Improved the ease of doing business in the Asia-Pacific
APEC: Asia Pacific
Economic Cooperation
Making it Easier to Trade Across Borders
To promoting trade and economic growth in the Asia-Pacific
Angola, Burundi, Cameroon, Central
African Republic, Chad, Congo,
Democratic Republic of the Congo,
Equatorial Guinea, Gabon, Rwanda and
Sao Tome and Principe.
Austria, Belgium,
Bulgaria, Denmark, Finland, Germany,
France, Greece, Ireland, Italy,
Luxembourg, Netherlands, Portugal,
Romania, Spain, Sweden, United
Kingdom, Cyprus, Croatia, Czech
Republic, Estonia, Hungary, Latvia,
Lithuania, Malta, Poland, Slovakia and
Slovenia.
Australia, Brunei Darussalam, Canada,
Chile, People’s Republic of China,
Hong Kong, China, Indonesia, Japan,
Republic of Korea, Malaysia, Mexico,
New Zealand, Papua New Guinea,
Peru, The Philippines, Russia,
Singapore, Chinese Taipei, Thailand,
The United States, Viet Nam