Agreement of free trade centers European

Created in 1992, the Agreement of free trade center-European (ALECE) (in English Central European Free Trade Agreement ) is an economic agreement between countries of the South-east of Europe.

In the economic beginning complement of the Group of Visegrád (V4), the ALECE aims to facilitate the integration of its members to the European Union and NATO.

Originally constituted of the countries of the Group of Visegrád, it widened between 1992 and 2007, but simultaneously lost members in 2004 and 2007 when those integrated the European Union.

Its current members are the Albania, the Bosnia-Herzégovine, the Croatia, the Macedonia, the Moldavie, the Montenegro, the Serbia, as well as the Serb province of the Kosovo, under special administration of MINUK.

Attributions

The processes of coordination between Member States of the Comecon had disappeared with dissolution from this planning organization. The ALECE wants to be to be a temporary structure of replacement, called to be erased in the long term, having for objective to help its members to develop mechanisms of economic cooperation and to intensify their commercial exchanges, until their progressive integration with the European Union.

Realization

The ALECE was concretized in three principal stages:

in 1993, the Member States removed the rights of Douane products which did not affect their nation's economies;
in 1994, they decided the reduction of the taxes of a third per year on the manufaturés products;
in 1997 finally, they decided to lower the taxation of the products affecting their nation's economies, (such as the Acier, and the Textile), like reducing by 10% per year the taxation of the agricultural produce.

Consequence

One observed a rise of the exchanges but without that representing a significant economic result (8%). Nevertheless, this progression, even if it remains symbolic system, shows the capacity of these countries to cooperate out of economic material, and to approach in this field the requirements posed for a possible adhesion with the European Union.

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