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Peru-MERCOSUR Agreement



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Syllabus of the Subject: Economic Complementation Agreement between Peru and the MERCOSUR

  1. Introduction to the Economic Complementation Agreement between Peru and the MERCOSUR (Southern Common Market) (ACE 54 and 55)
  2. Foreign Trade between Peru and the MERCOSUR (Brazil, Argentina, Uruguay, Paraguay, Bolivia, and Venezuela)
  3. Rules of Origin of the Peru-MERCOSUR Agreement
The Subject “Peru-MERCOSUR Economic Agreement” belongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Masters: Business in America, International Business, Foreign Trade, Economic Relations
  2. Doctorates: American Business, World Trade
  3. Courses: Business in the Andean Markets, South America

Online Students, Master in International Business

Learning materials in Master in International Business in English Study Master Doctorate Business in Spanish MERCOSUR Perú Masters Foreign Trade in Portuguese MERCOSUL Peru Study, Master in International Business in French MERCOSUR

Example of the Subject: Peru-MERCOSUR Economic Complementation Agreement (FTA)
Peru-MERCOSUR Free Trade Agreement (Course)

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Description of the Subject: Economic Complementation Agreement between Peru and the MERCOSUR

The MERCOSUR (Argentina, Brazil, Paraguay, Uruguay, and Venezuela) and Peru begin negotiations towards a Free Trade Agreement (FTA) within the framework agreement between the Andean Community and the MERCOSUR.

The negotiations between the MERCOSUR and Peru finished in 2005 with the signing of the Economic Complementation Agreement No 58.

The main objectives of the MERCOSUR-Peru Economic Complementation Agreement (ACE) are:

  1. To set up a legal and institutional framework to facilitate the free movement of the export products and services
  2. To create a free-trade area
  3. To promote the foreign direct investment between economic agents of Peru and the Southern Common Market (MERCOSUR)
  4. To promote the complementarity and economic cooperation, trade, energy, science, and technology

The MERCOSUR-Peru Economic Complementation Agreement 58 covers

  1. External Trade Liberalisation Programme
  2. Sanitary and Phytosanitary Measures
  3. Rules and certificate of origin
  4. National Treatment
  5. Anti-dumping and Countervailing
  6. Export Incentives
  7. Safeguards
  8. Intellectual Property Rights (IPR)
  9. Customs Valuation Standards and Technical Regulations
  10. Special Promotion
  11. Exchange of Trade Information Services
  12. Foreign Direct Investment (FDI)
  13. Double Taxation
  14. Transport
  15. Technology and Scientific Supplementation
  16. Dispute Settlement

International Trade between Peru and the MERCOSUR

The main Peruvian exports to the MERCOSUR are minerals and copper manufactures, calcium phosphates, cotton shirts, zinc ore, silver, olive, lacquers, and dyes and dyestuffs.

The Free Trade Agreement (FTA) between Peru and the MERCOSUR belongs to the Latin American Economic Area (Western-Christian Civilisation).

  1. MERCOSUR Free Trade Agreements (FTA): India, Egypt, European Union, Southern African Customs Union, Andean Community, Mexico, Chile, ALADI...
  2. Peruvian Free Trade Agreements: Andean Community (European Union, EFTA), APEC, ALADI, China, Singapore, Chile, United States, Canada, South Korea...


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