Minister Delegate for Commerce Iuliu Winkler said Friday that following EU accession, Romania would gradually withdraw from all free trade agreements.
Minister Winkler added that Romania's EU accession would also mean its
adhesion to a new legal framework for external commercial relations.
"Romania has completed, in addition to the European Agreement and the
Central European Free Trade Agreement (CEFTA), free trade agreements with
the Republic of Moldova, Turkey, Israel, Serbia-Montenegro, Albania, Bosnia
and Herzegovina, and the European Free Trade Association (EFTA). When
Romania joins the EU, we will withdraw from these agreements," said Iuliu
Winkler. According to the official, Romania's trade exchanges are mostly
operated within the free trade agreements.
"Approximately 84 percent of Romanian exports and 70.56 percent of imports
in 2005 were operated under this juridical framework. As to the weight of
the Romanian commercial exchanges within these agreements in 2005, the
first-ranked partner is the EU (67.6 percent of exports and 62.2 percent of
imports), followed by Turkey (with 7.92 percent of exports and 4.86 percent
of imports)," according to Winkler.
Following EU accession, Romania will implement the EU juridical framework.
Therefore, Romania will conclude agreements with Mediterranean countries,
Mexico, Chile, South Africa, sign the stabilization and association
agreements with western Balkan states and the non-preferential agreements
with third parties.
The Central European Free Trade Agreement was signed on December 21, 1992 in
Krakow, Poland. All the parties had previously signed association agreements
with the EU, which is why CEFTA functions as a preparation for full EU
membership. CEFTA's members are Poland, the Czech Republic, Slovakia,
Hungary, Slovenia, Romania and Bulgaria. The European Free Trade Association
(EFTA) is an intergovernmental organization promoting free trade and
strengthening economic relations. EFTA's member states are Iceland,
Liechtenstein, Norway and Switzerland. The EFTA Secretariat is headquartered
in Geneva, with an office in Brussels, and a statistical office in