The free trade agreement between the Member States of the European Free Trade Association (EFTA) and Member States of the of the Co-operation Council for the Arab State of the Gulf (GCC) entered into force on 1 July 2014.
Under the agreement, EFTA States abolish all customs duties on imports of products originating from GCC States. GCC States abolish customs duties on most imports from EFTA states aside from certain products which will be duty free 5 years after the date of entry into force,…