Georgia has been a member of World Trade Organization (WTO) since 2000. With this, in 2014 the country signed a Deep and Comprehensive Free Trade Agreement (DCFTA) with the European Union, and in 2016 FTA with EFTA countries, giving it duty free access additionally to Iceland, Liechtenstein, Norway and Switzerland. Furthermore, in 2017 Georgia signed a free trade agreement with China, granting it free access to a 1.4 billion market.