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Lubetkin Highlighted Quotas for Uruguay After Meeting with Swiss President

The Uruguayan foreign minister underscored the progress of the EFTA-Mercosur agreement following approval by the Swiss Parliament. He also detailed the quotas planned for meat, wine and honey.

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Foto: Subrayado
Foto: Subrayado

Uruguayan Foreign Minister Mario Lubetkin met this Saturday with Swiss President Guy Parmelin and praised the ratification of the trade agreement between the European Free Trade Association and Mercosur by the Swiss Parliament, according to Subrayado.

According to the minister, the understanding with the EFTA —made up of Switzerland, Norway, Iceland and Liechtenstein— is relevant for Uruguay because it involves high-purchasing-power markets with demand for quality products. In that context, he said the country’s image is associated with quality, food safety and competitiveness in services and in the pharmaceutical sector.

Still according to information released by Subrayado, Lubetkin explained that in 2025, even without the agreement in force, Uruguay was already exporting to that bloc for USD 54 million, of which about USD 48 million corresponded to beef. Trade also included seafood, rice, citrus, wine, wool, services and investments.

The foreign minister said that, once the agreement is activated, Uruguay will have access to tariff elimination on 97% of its goods. He also specified that Switzerland and Liechtenstein will grant a quota of about 3,000 tons of beef, while Norway will grant 665 tons.

He also indicated that Switzerland reserved a quota of 50,000 hectoliters of wine free of tariffs and 2,000 tons of honey free of tariff charges. According to the report, the agreement is expected to begin applying first to Norway and Iceland from November 1, while for Switzerland and Liechtenstein it would enter into force in 2027.

Sources

About this note. Written by El Notero with assistance from artificial intelligence, based on what was published by the cited outlet. El Notero did not conduct its own reporting on this event.

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