Main Texts
Framework agreements and initial provisions
In brief
The founding texts that create the free trade areas and establish the legal framework of both agreements.
The founding texts of both agreements establish free trade areas, define common objectives (trade liberalization, sustainable development, human rights) and set the institutional framework. The EU-MERCOSUR agreement is part of a broader association agreement including political dialogue, while the EFTA-MERCOSUR agreement is a standalone free trade agreement.
Key points
- 1The EU-MERCOSUR agreement covers 700M+ consumers and 35+ countries
- 2The EFTA agreement includes Switzerland, Norway, Iceland and Liechtenstein
- 3Both agreements are compatible with WTO rules
Source documents
EU Agreement5
- Ch.Chapter 1 – Initial Provisions
- Ch.Chapter 22 – Institutional Provisions
- Ch.Chapter 23 – General and Final Provisions
- Ctx.2019 Agreement in Principle
EFTA Agreement1