On 14 November 2011, Ministers of the European Free Trade Association (EFTA) announced the start of free trade negotiations with Costa Rica, Honduras and Panama. Other Central American countries may join the process at a later stage. Negotiations would begin in early 2012. The first round of negotiations was held in Geneva, Switzerland, from 28 February to 01 March 2012. The second round of negotiations took place in Panama, in June 2012. The third round took place on 20-24 August, in San Jose, Costa Rica and the fourth one from 29 October to 02 November 2012 in Geneva.

Documents relating to the negotiations
10 December 2012	Fifth round of free trade negotiations between Central America and EFTA
29 October-02 November 2012	Fourth round of free trade negotiations between Central America and EFTA
20-24 August 2012	Third round of free trade negotiations between Central America and EFTA
04 June 2012	Second round of free trade negotiations between Central America and EFTA
28 February-01 March 2012	First round of free trade negotiations between Central America and EFTA
14 November 2011	EFTA annouces FTA negotiations with Cental America
Source: The European Free Trade Association

• The European Free Trade Association