Mercosur and EFTA sign free trade agreement

economia.uol.com.br (Portuguese)

Mercosul signed a free trade agreement with the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway, and Switzerland. The partnership aims to create a free trade zone with nearly 300 million inhabitants, boosting bilateral trade and benefiting businesses and citizens through tariff elimination on industrial and fishing products. This agreement, finalized after eight years of negotiations, is seen as strategic for Brazil, enhancing its global competitiveness and reinforcing democratic and sustainability values.


With a significance score of 4.6, this news ranks in the top 2.8% of today's 30721 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: