EFTA, Mercosur To Begin FTA Negotiations
by Ulrika Lomas, Tax-News.com, Brussels
27 February 2017
Delegations from the European Free Trade Association (EFTA) states and MERCOSUR met on February 17 in Brussels to prepare for the upcoming negotiations of a comprehensive Free Trade Agreement.
The Parties discussed the framework for the negotiations, including the structure of the negotiations, a calendar for meetings, the appointment of spokespersons, and the structure of the agreement. The Parties also discussed the exchange of draft texts and of information to be exchanged prior to the first round.
Merchandise trade between EFTA states and MERCOSUR reached USD7.2bn in 2016 with total imports and exports amounting to USD3.7bn and USD3.5bn, respectively.
Mercosur's full members are Argentina, Brazil, Paraguay, and Uruguay. Venezuela was suspended as a member on December 1, 2016. The members of the EFTA are Switzerland, Iceland, Norway, and Liechtenstein.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
