#19 According to Article 56 of the EFTA Convention, “any State may accede to the Convention provided that the EFTA Council decides to approve its accession. As regards further formal requirements, any new member state would have to apply to become a party to existing EFTA free trade agreements (Article 56(3)).”
The EFTA Council is the highest governing body of EFTA, where the four EFTA States – Iceland, Liechtenstein, Norway and Switzerland – meet at ambassadorial or ministerial level. Each Member State is represented and decisions are taken by consensus.