Swiss Economics Minister Guy Parmelin and representatives of the other European Free Trade Association states (EFTA) signed the free trade agreement with the Mercosur states in Rio de Janeiro on Tuesday. It enables “significant customs savings” for Swiss companies. +Get the most important news from Switzerland in your inbox The signing of the free trade agreement between the four EFTA states Switzerland, Iceland, Liechtenstein, Norway and Mercosur (Argentina, Brazil, Paraguay and Uruguay) is a significant milestone in Swiss trade policy, announced the Federal Department of Economic Affairs, Education and Research (EAER) on Tuesday evening. After 14 rounds of negotiations, an agreement has been reached. With 270 million consumers, Mercosur is already an attractive target market with considerable growth potential for the Swiss export industry. According to the EAER, Switzerland exported goods worth more than CHF4 billion ($5.08 billion) to the four Mercosur states in 2024, an …