CEFTA primarily aims to foster trade and economic growth by reducing trade barriers, harmonizing product standards, and enhancing administrative processes in trade. Additionally, the agreement seeks to establish a stable political and economic environment conducive to attracting foreign investment and bolstering regional cooperation. A notable achievement of CEFTA is the substantial rise in trade volume among member countries, which has been facilitated by the standardization of trade regulations and customs procedures.

CEFTA shares commonalities with other regional trade agreements in its promotion of free trade and economic integration among its members. However, it is uniquely characterized by its targeted emphasis on preparing member states for EU membership through the adoption and implementation of EU standards.

Although CEFTA has achieved notable successes, it encounters several challenges and criticisms, especially concerning the comprehensive implementation of the agreement and adherence to its regulations. Critics argue that political instability, varying levels of economic development among member states, and inadequate legal enforcement are undermining the agreement’s effectiveness.

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