On November 20, 1959, the British "Little Free Trade Zone" was formally established. On November 20, 1959, the British-led "Little Free Trade Zone" of the seven countries (Britain, Austria, Sweden, Norway, Denmark, Switzerland and Portugal) held a ministerial conference in the Swedish capital, after two days of negotiation, signed the "European Free Trade Union" treaty, which formally declared the division of Western European capitalist countries into two hostile economic groups - the "European Free Trade Union" and the "Common Market". At the end of the meeting, the "Group of Seven" issued a communiqué, which stipulated that the alliance member states signed within a decade or less to remove industrial tariffs and other trade barriers. The treaty also stipulated that members will have the right to decide freely on