The most popular European FTAs are as follows:

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EFTA-Korea Free Trade Agreement: This agreement is between EFTA countries and South Korea. It involves the exchange of goods and services from different industries among multiple parties.
EU-South Africa Trade, Development, and Cooperation Agreement: Both parties reduce tariffs for this agreement, encouraging the exports as well as investment between the two entities, the EU and South Africa.
EU-ASEAN FTA Framework: The EU and ASEAN have pursued a cooperative framework of FTA that has assisted in the growth of trade and increment of investment between Europe and Southeast Asia, strengthening economic interlinks.
How FTAs Impact Sellers
Free trade agreements are most beneficial for small and medium hong kong phone number list enterprises (SMEs) since they equalise the playing field with larger corporations by eliminating most trade barriers, thus minimising their costs.

How FTAs Impact Sellers
Benefits:
FTAs provide you with several advantages which make international markets easier to penetrate and keep you competitive:

Reduced Tariffs: FTAs are an effective way to lower prices in foreign markets. They eliminate high tariffs that you have to pay or significantly reduce them, leading to more competitive and attractive products for foreign consumers.
New Market Opportunities: Free trade agreements offer access to a new market by facilitating entry into a bigger market. For example, India’s exporters benefit from a more relaxed duty structure while trading in the ASEAN market and can broaden their customer base.