The Joint Committee is the overall governing body of CEFTA. It was established in accordance with Article 40 of the Agreement. It is composed of representatives of each Party to the Agreement (ministers responsible for trade) and its main function is to supervise and administer the implementation of the Agreement. The Joint Committee operates in accordance with its formally adopted Rules of Procedure (See JC Decision 1/2007) 

The Joint Committee meets at least once a year, usually in November and issues decisions to advance the implementation of the Agreement.

The Joint Committee is chaired by one of the Parties and this function revolves on an annual basis in alphabetical order.  The Chair in Office  for 2016 is Montenegro.  A system of annual work programmes is used to prioritise and guide the work of the CEFTA Parties during each Chairmanship.