CEE (Central Eastern European) region comprises a group of countries at a relatively similar stage of economic
development and with the common objective of becoming member of EU. The size of the market has pushed CEE
countries to find ways towards a larger market. Joint forces, into free trade agreements, have contributed to their
economic growth and European Integration. How did it happened, and what are the consequences of free trade
agreements, under the example of Albania, it has been studied and analyzed, through data collections from different
sources like the WB, IMF, National Banks, business round table discussions, etc.. Among all the free trade
agreements CEFTA has shown to be the most effective. Central European Free Trade Agreement, CEFTA, since
2006, has been a tool to businesses making the rules and regulations governing trade in the European Region. It has
contributed to make trade simpler and increasingly harmonized all procedures with those of the EU and the WTO
(World Trade Organization). As a conclusion, CEFTA experience has shown to have improved considerably,
business ability of developing European economies, to trade with the EU countries and the world. CEFTA has
created an attractive market for investments while before the market in the Region was fragmented and unattractive
to important investments, has promoted growth, and contributed to job creation. Albania is a recent success of it.