Argentina Ratifies Mercosur-Singapore Trade Deal in Final Vote
Argentina's lower house closed the country's ratification of the Mercosur-Singapore trade deal. The pact already applies in Paraguay, Uruguay and Brazil. The post Argentina Ratifies Mercosur-Singapore Trade Deal in Final Vote appeared first on The Rio Times .
The Argentine Chamber of Deputies voted 234 to four to approve the Mercosur-Singapore trade deal on August 27, 2026, ending the last ratification gap. The Senate had already approved the bill in May. The deal was signed by Mercosur and Singapore on December 7, 2023, during a bloc summit in Rio de Janeiro. It covers goods, services, investment, government procurement, and electronic commerce, among other topics.
Singapore opens its entire tariff schedule to Mercosur farm and industrial goods, while Mercosur will have reduced tariffs on around 96% of its products over 15 years. The agreement is still the deepest trade deal Mercosur has with an Asian country. Paraguay ratified it first on February 1, 2026, followed by Uruguay on March 1 and Brazil on August 1.
Argentina ratified on June 30, 2026. No start date had been announced as of the writing of this article. Argentina exported goods worth US$44.32 million to Singapore in 2025, while importing US$98.76 million. Singapore took about one twentieth of one percent of Argentine sales abroad. The services and procurement chapters may have a greater impact on Argentina than the tariff lines, given the limited Argentine exports. The vote had four dissenting votes from the left-wing Frente de Izquierda bloc.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
