Mercosur, four-nation European trade bloc seal sweeping trade deal
- MERCOSUR and EFTA finalized a Free Trade Agreement after years of negotiations, which is set to be signed soon.
- The agreement covers trade areas like goods and services, benefiting approximately 300 million people and 97% of exports.
- Key agricultural products such as Brazilian poultry and Argentinian beef will see reduced tariffs, addressing concerns in agricultural groups about dependence on imports.
- The agreement includes Argentina, Brazil, Paraguay, Uruguay, Iceland, Liechtenstein, Norway, and Switzerland and aims to cover 97% of their exports.
22 Articles
22 Articles
The South American Mercosur countries have agreed on a free trade agreement with the four member countries of the European Free Trade Association (EFTA).
BUENOS AIRES (AP) — The South American bloc Mercosur and the European Free Trade Association, made up of Iceland, Norway, Liechtenstein, and Switzerland, announced Wednesday in Buenos Aires that they have agreed to a free trade agreement to be signed in 2025…
Mercosur and EFTA Close Free Trade Agreement
The South American trade bloc Mercosur and the European Free Trade Association (EFTA) officially shook hands on a major free trade agreement, ministers announced on Wednesday, July 2nd, during a Mercosur summit in Buenos Aires. EFTA comprises four European countries that are not EU members: Norway, Iceland, Switzerland, and Liechtenstein According to a joint statement released by the blocs, “Both parties will benefit from improved market access …
MERCOSUR and EFTA Conclude Free Trade Agreement Talks - teleSUR English
The new agreement will include Argentina, Brazil, Paraguay, Uruguay, Iceland, Liechtenstein, Norway, and Switzerland. On Wednesday, the Southern Common Market (MERCOSUR) and the European Free Trade Association (EFTA) announced the conclusion of negotiations for a Free Trade Agreement (FTA) they expect to sign in the coming months. RELATED: Lula To Meet With Cristina Fernandez at Her Buenos Aires Residence The new agreement would include, on MERC…
These are EFTA, made up of Switzerland, Liechtenstein, Iceland and Norway.
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