South America's Mercosur bloc has clinched its first trade deal with an Asian economy. Argentina's Senate just ratified the tariff-free pact with Singapore.
Trade
Key Facts
—The milestone. Mercosur, South America’s main trade bloc, has clinched its first free-trade deal with an Asian economy, Singapore.
—The vote. Argentina’s Senate approved the pact unanimously on May 14, 2026, sending it to the lower house for final sign-off.
—The prize. Once in force, effectively all Argentine exports would enter Singapore with zero tariffs, into one of the world’s richest economies.
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O tratado, o primeiro firmado pelo Mercosul com um país do Sudeste Asiático, passa a vigorar no próximo sábado, 1º de agosto
