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Free Trade Agreement With Efta States

The Kingdom of Denmark was a founding member of EFTA in 1960, but its accession ended in 1973, when Denmark joined the European Communities. Greenland was covered by EFTA from 1961 and by the Faroe Islands from 1968. [26] Since then, the Faroe Islands have considered the possibility of joining EFTA. In Greenland, a political debate took place on whether the Greenland government was considering joining EFTA. However, it is not possible to join EFTA without the Kingdom of Denmark becoming a member of the Organization as a state on behalf of the Faroe Islands and/or Greenland. EFTA considers membership to be reserved for Member States. Article 56 of the EFTA Convention establishes special procedures for state membership. The accession of the Kingdom of Denmark to EFTA is reserved for the Kingdom of Denmark in terms of international law. As parts of the Kingdom of Denmark, the Faroe Islands and Greenland, whose current contractual base is in progress, can become non-independent efTA members. In addition to the bilateral technical cooperation of the Member States, EFTA offers technical cooperation to help our partner countries harmonize their legislative framework and implement the rules in place to facilitate trade. This assistance is provided under the EEA agreement and existing free trade agreements. In some cases, EFTA also offers potential free trade partners. In the event of a new EFTA accession for the Kingdom of Denmark, entry into force applies only to the Faroe Islands and/or Greenland, with EFTA membership geographically separate from EU membership (limited to Denmark).

Membership of the EU with effect in Denmark does not exclude EFTA membership, whether in the Faroe Islands and/or Greenland. This form of EFTA membership seems to be the right one, given the importance of the EFTA treaty base. At the end of 2016, the Scottish First Minister said her priority was to keep the whole of the UK in the European single market, but that Scotland`s inclusion in the EEA was an option that would be “examined.” [33] However, other EFTA states have stated that only sovereign states are eligible for membership, so they can only join if it becomes independent of the United Kingdom,[34] unless the solution sought for the boxes is adopted in 2005 (see above).