SICE: Trade Policy Developments: MERCOSUR-Peru

Agreements

Disciplines

Trade Policy Developments

	MERCOSUR-Peru

Background and Negotiations

MERCOSUR and Peru undertook negotiations towards a free trade agreement within the Framework Agreement Between the Andean Community and MERCOSUR. Negotiations between MERCOSUR and Peru concluded on 25 August 2005 with the signing of Economic Complementation Agreement N^o 58.

Documents relating to the negotiations between MERCOSUR and Peru
24 August 2003	VII MERCOSUR-Peru negotiations
30 April 2003	III MERCOSUR-Peru negotiations
Source: MERCOSUR Secretariat

Entry Into Force

The legal documents allowing the agreement to enter into force in each of the countries are as follows:

- Argentina: Nota Nº EMSUR - CR Nº 125/05 de 14/12/2005 (CR/di 2156).
- Brasil: Nota Nº 02 de 02/01/2006 - Decreto Nº 5651 de 29/12/2005 (CR/di 2172).
- Paraguay: Nota RP/ALADI - MERCOSUR/4/N° 012/06 de 15/02/06- Decreto 7.110 de 06/02/2006 (CR/di 2205)
- Perú: Nota Nº 7-5-ZR/36 de 20/12/2005 - Decreto Supremo Nº 035-2005-MINCETUR de 12/12/2005 (CR/di 2160).
- Uruguay: Nota Nº 1095/05 de 16/12/2005 - Decreto 663/85 de 27/11/1985 (CR/di 2158).

Modernization of the Agreement between Peru and Uruguay

On June 30, 2025, Peru and Uruguay announced the closing of the Terms of Reference for the bilateral improvement and deepening within the framework of Economic Complementation Agreement (ACE) No. 58. The first round of negotiations is expected to take place in Montevideo, Uruguay, during September 2025.

Documents relating to the modernization of the Agreement between Peru and Uruguay
30 June 30 2025	Peru and Uruguay announced agreement on the Terms of Reference for the bilateral improvement and deepening within the framework of Economic Complementation Agreement (ACE) No. 58
Source: Ministerio de Comercio Exterior y Turismo, Perú

Related Articles and Studies

April 2005	Andean Community Secretariat. Acuerdo MERCOSUR-Bolivia: análisis de los resultados comerciales y del tratamiento preferencial abril de 2005
April 2005	Andean Community Secretariat. Evolución del comercio recíproco entre los países suscriptores del ACE N° 36 (Bolivia – MERCOSUR)

Sources

	Recent Developments

30 June 30 2025 . Peru and Uruguay announced agreement on the Terms of Reference for the bilateral improvement and deepening within the framework of Economic Complementation Agreement (ACE) No. 58

	Contents

Background and Negotiations
Entry Into Force
Modernization of the Agreement between Peru and Uruguay
Related Articles and Studies
Sources