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MERCOSUR, EFTA expect to sign FTA this year

Moscow, July 3 (UNI) Member states of the Southern Common Market (MERCOSUR) and the European Free Trade Association (EFTA) are poised to sign a landmark Free Trade Agreement (FTA) later this year, according to a joint statement following talks between the two trading blocs.
"In light of the progress achieved, MERCOSUR and the EFTA states share the commitment to take the necessary steps to ensure that the Free Trade Agreement is signed in the coming months of 2025," the statement said.
The statement was published during a MERCOSUR summit in Buenos Aires.
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