News

EFTA–Mercosur Free Trade Agreement: Ratification Monitor

Jul 7, 2026

The Free Trade Agreement between the EFTA States and Mercosur is an important milestone for Swiss exporters. Switzerland Global Enterprise monitors the ratification process in all signatory states and regularly keeps you informed about the progress.

Current Status 

On 17.06.2026, the National Council, rejected the federal decree on the EFTA–Mercosur Free Trade Agreement in its first reading by 96 vs. 86 votes. The approval process will now proceed to the second chamber of Swiss Parliament, the Council of States, which has the same rights as the National Council. It will as first step decide whether to proceed, followed by a debate in substance and adoption by majority vote. The remaining differences are then settled between the chambers (differences-settlement procedure), before the final vote is taken in each chamber.

Mercosur States

Brazil Current status: June 10: Approval by the 1st Chamber; June 17: Approval by the 2nd Chamber (Senate) → ratified

Argentina

The FHA, signed by the President on 24 June, is now being submitted to Congress; parliamentary approval procedures will follow.

Uruguay
Current status: June 16: Approval by the First Chamber (Senate); June 17: Approval by the Second Chamber (Chamber of Deputies) → ratified

Paraguay
Current status: The agreement is to be submitted to Congress. Further step: Parliamentary approval procedure in both chambers.

 

Status: July 2026. This page is updated regularly as the ratification process progresses. If you have any questions, please contact your S-GE advisor.

Bruno Aloi

Bruno Aloi

Senior Consultant Latin America

Zurich, Switzerland

baloi@s-ge.com

+41 44 365 54 76

Log in or register

Enter your email to continue.

Exclusive access for companies based in Switzerland or the Principality of Liechtenstein.