The European Free Trade Association (EFTA) member states—Iceland, Liechtenstein, Norway, and Switzerland have signed a free trade agreement (FTA) with Ukraine on 8 April 2025.
The agreement will contribute to Ukraine’s resilience, recovery and economic growth and strengthen ties between the EFTA States and Ukraine by benefiting economic operators in various sectors.
The FTA was signed in Kyiv by First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine Yuliia Svyrydenko, Norway’s Minister of Trade Cecilie Myrseth, Iceland’s Minister of Culture, Innovation and Higher Education Logi Einarsson, Ambassador Frank J. Büchel from Liechtenstein and Federal Council Delegate for Ukraine Jacques Gerber from Switzerland’s State Secretariat for Economic Affairs.
The modernised FTA includes new chapters on electronic commerce, small and medium-sized enterprises, trade and sustainable development, and revised provisions on trade in goods, sanitary and phytosanitary measures, trade facilitation, government procurement, cooperation, and protection of intellectual property. The agreement has also updated market access for goods and liberalised trade in certain product categories. This will deepen trade relations and provide greater market access for businesses on both sides.
The new agreement, once implemented, will supersede the 2010 Free Trade Agreement between the two parties.
