Meetings of the Consultative Committee, items discussed include: the economic situation in EFTA countries, assessment of the present economic situation in the world and in particular in Western Europe, the present situation in the system of floating exchange rates and recent international monetary developments, round-the-table review of the present situation and prospects in the EFTA Countries: Finland, Norway, Sweden and Switzerland, possible future international developments and prospects for the EFTA countries, the economic situation in EFTA countries: country notes, EFTA – Yugoslavia, the international situation and prospects – country notes, bilateral assistance to Portugal: Austria, Norway, Sweden, Switzerland.
As annex: Parliamentary Assembly of the Council of Europe resolution 665 (1977) in reply the 16th and 17th annual reports of the European Free Trade Association (EFTA); Report by Chairman of the Ad Hoc Working Group on Cooperation between EFTA enterprises in third markets.

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