Mercosur and EFTA countries finalize free trade agreement

cnnbrasil.com.br (Portuguese)

The Brazilian Senate approved a free trade agreement between Mercosur and the European Free Trade Association (EFTA). The accord now moves to promulgation. The agreement aims to liberalize tariffs for industrial and agricultural goods between Mercosur nations and EFTA members Iceland, Liechtenstein, Norway, and Switzerland, enhancing market access for over 97% of exports. This treaty, concluded in July 2025, creates a combined market of 290 million consumers and a significant GDP, fostering diversification for Brazilian producers amidst geopolitical instability.


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Mercosur and EFTA countries finalize free trade agreement | News Minimalist