1. Internal EFTA affairs
• Continue to adapt the Vaduz Convention (EFTA Convention) and its annexes to changing needs
• Further develop Member States’ common basis for future free trade agreements
2. Third-country relations
Existing free trade agreements
• Albania, Peru, Singapore, Ukraine: Hold Joint Committee meetings
• Canada: Continue the preparation for and, if possible, start negotiations on an expansion of the free trade agreement
• Continue to work on the maintenance and development of EFTA’s free trade agreements, notably with Chile, Israel, Jordan, Korea, Peru and SACU
• Colombia and the Gulf Cooperation Council (GCC): Work towards the entry into force of the respective free trade agreements for all parties
Ongoing free trade negotiations
• Central American States: Conclude the negotiations and sign the free trade agreement
• Bosnia and Herzegovina: Finalise the negotiations and sign the free trade agreement
• India: Achieve further progress with a view to finalising the negotiations
• Customs union of Russia, Belarus and Kazakhstan: Move forward substantially in the negotiation process
• Indonesia: Make substantive progress in the negotiations
• Vietnam: Continue negotiations with the aim of making significant headway
• Malaysia: Hold a first round of negotiations
• Thailand: Work towards the resumption of negotiations at the first suitable opportunity
• Algeria: Continue to monitor development and, if possible and appropriate, resume negotiations
New free trade agreements and potential partners
• Sub-Saharan Africa: Continue assessing the possibilities for closer trade relations with potential partners. Prepare and sign a joint declaration on cooperation with Nigeria
• Philippines: Pursue contact in view of examining the feasibility of a free trade agreement
• Mercosur: Further examine the possibilities of developing closer trade relations
3. Other activities
• Continue exchanging views on ongoing bilateral free trade negotiations by individual EFTA Member States
• Follow closely developments with regard to EFTA Member States’ bilateral relations with the European Union, including the application by Iceland to join the EU
• Follow developments with respect to international economic and trade negotiations