On September 15, 2026, through Decree 1010/2026, Argentina enacted a free trade agreement with Singapore under the Mercado Común del Sur (MERCOSUR) framework. The agreement was approved and published under Law 27,819 on the same day.
The agreement contains 19 chapters covering a broad range of trade-related areas, including trade in goods and services, sanitary and phytosanitary measures, intellectual property, customs procedures, and more to promote economic and commercial development.
Under the agreement, tariff reductions will be implemented over a period of up to 15 years. Products are assigned to a duty reduction schedule that provides either:
- Immediate duty elimination (100% reduction upon entry into force), or
- Gradual annual tariff reductions reaching full elimination after 4, 8, 10, or15 years.
Singapore will eliminate tariffs on 100% of products originating from MERCOSUR, while the South American bloc will provide reduced duty rates to 95.8% of its tariff lines for products originating in Singapore.
The enforcement date will be in accordance with Article 19.13, paragraph 3, of the agreement, the agreement will enter into force on the first day of the second month following the deposits its instrument of ratification.
For more information about Law 27,819 and Decree 1010/2026, please visit:
