Mercosur-EFTA Trade Deal Takes Effect in Norway, Iceland

The free trade agreement between Mercosur and the European Free Trade Association (EFTA) has entered into force in Norway, following its signing in September. Iceland has also implemented the agreement, while other EFTA members (Switzerland and Liechtenstein) have not yet done so. This marks a concrete step in expanding trade ties between South America and Europe, potentially boosting market access for both sides.

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