MercoPress
Americas · 1 hrs ago
✦ 78✓ Factual
Uruguay captures 63% of Mercosur's annual rice quota to the European Union
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Uruguay has filled 63% of Mercosur's annual zero-tariff rice quota to the EU under the newly implemented trade agreement, representing an early operational success of the deal that provisionally entered force in May.
Uruguay captures 63% of Mercosur's annual rice quota to the European Union
Uruguay this week filled 63% of the annual zero-tariff rice quota granted by the European Union to Mercosur, in the first significant trade milestone since the provisional entry into force, on 1 May, of the association agreement between the two blocs. The total quota of 6,667 tons for the current year was covered within a few weeks of activity, according to Acting Foreign Minister Valeria Csukasi, in what amounts to one of the first operational tests of the treaty signed on 17 January in Asunció
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