MERCOSUR–EFTA Free Trade Agreement Enters into Force for Uruguay

On 1 November, the free trade agreement between MERCOSUR and the European Free Trade Association entered into force bilaterally for Uruguay. The agreement is intended to improve trade conditions between Uruguay and EFTA markets, including Switzerland, Norway, Iceland and Liechtenstein. No specific financial value was attached to the implementation announcement. Businesses may need to review customs procedures, rules of origin and trade documentation under the new framework. HPC can support regulatory research, trade-compliance reviews and market-entry advisory.