On 23 July 2014, the European Free Trade Association (EFTA) announced that following its ratification by all parties, the free trade agreement (FTA) between the EFTA States – Iceland, Liechtenstein, Norway and Switzerland – and the Central American States of Costa Rica and Panama will become operational in the coming weeks. The announcement stated: The FTA was signed in June 2013. Its entry into force will occur in three stages: on 19 August 2014 between…