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European Free Trade Association forms in Stockholm

The European Free Trade Association (EFTA) is a regional trade organisation and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland.

The European Free Trade Association (EFTA) is a regional trade organisation and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland. The organisation operates in parallel with the European Union (EU), and all four member states participate in the European single market and are part of the Schengen Area. They are not, however, party to the European Union Customs Union.

EFTA was historically one of the two dominant western European trade blocs, but is now much smaller and closely associated with its historical competitor, the EU. It was established on 3 May 1960 to serve as an alternative trade bloc for those European states that were unable or unwilling to join the then European Economic Community (EEC), the main predecessor of the EU.

Historical Significance

The European Free Trade Association (EFTA) is a regional trade organisation and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland.

Events Before

  1. Johnny Cash performs the first of many free concerts behind bars at San Quentin State Prison in California

    Johnny Cash performs the first of many free concerts behind bars at San Quentin State Prison in California

  2. Chad becomes an autonomous republic in the French Community

    The French Community (French: Communauté française) was the constitutional organization set up in October 1958 between France and its remaining African colonies, then in the process of…

  3. USSR's Luna 1 becomes the first spacecraft to escape Earth's gravity

    A gravity assist, gravity assist maneuver, swing-by, or generally a gravitational slingshot in orbital mechanics, is a type of spaceflight flyby which makes use of the relative movement (e.g.

  4. TV western "Rawhide," starring Clint Eastwood, premieres on CBS

    TV western "Rawhide," starring Clint Eastwood, premieres on CBS

  5. Plane crash known as "The Day the Music Died" kills musicians Buddy Holly, Ritchie Valens, J. P. Richardson (aka The Big

    Plane crash known as "The Day the Music Died" kills musicians Buddy Holly, Ritchie Valens, J. P. Richardson (aka The Big Bopper), and the pilot near Clear Lake, Iowa

Events After

  1. Gabrielle Carteris is born

    Gabrielle Carteris is born

  2. Longest recorded strike ends as Danish barbers' assistants end their 33-year strike

    Longest recorded strike ends as Danish barbers' assistants end their 33-year strike

  3. Berry Gordy signs The Supremes to Motown Records

    The Supremes were an American girl group formed in Detroit, Michigan, in 1959 as the Primettes.

  4. First live, nationally televised presidential news conference, held by JFK

    First live, nationally televised presidential news conference, held by JFK

  5. "I Fall to Pieces" single released by Patsy Cline (Billboard Song of the Year 1961)

    "I Fall to Pieces" is a song written by Hank Cochran and Harlan Howard that was originally recorded by Patsy Cline.

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Apollo 11 Moon Landing

NASA's Apollo 11 mission successfully lands the first humans on the Moon. Neil Armstrong and Buzz Aldrin become the first people to walk on the lunar surface.

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Martin Luther King Jr.'s "I Have a Dream" Speech

Martin Luther King Jr. delivers his iconic "I Have a Dream" speech during the March on Washington for Jobs and Freedom, calling for an end to racism in the United States.

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birth

Tommy Morrison is born

Tommy Morrison, American professional boxer, known for american boxer, was born on 1969-01-02.

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Gabrielle Carteris is born

Gabrielle Carteris is born

Frequently Asked Questions

What happened on January 4, 1960?
The European Free Trade Association (EFTA) is a regional trade organisation and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland. The organisation operates in parallel with the European Union (EU), and all four member states participate in the European single market and are part of the Schengen Area. They are not, however, party to the European Union Customs Union.
Why is European Free Trade Association forms in Stockholm significant?
The European Free Trade Association (EFTA) is a regional trade organisation and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland.

Explore More

January 4 in HistoryYear 1960