EENI-Business School

Peru-MERCOSUR Agreement

Syllabus of the Sub-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 Agreement
The Sub-subject “Peru-MERCOSUR Economic Agreement” is part of the following programs:
  1. Master (e-learning): International Business, America, Pacific, BRICS Countries, Emerging Markets, Economic Relations
  2. Doctorate in Business in America
  3. Courses: Andean Markets, South America

Learning materials in English Spanish MERCOSUR Perú Portuguese MERCOSUL Peru French MERCOSUR

Sample of the Sub-subject: Peru-MERCOSUR Economic Complementation Agreement (FTA)
Peru-MERCOSUR Free Trade Agreement (FTA)

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

The MERCOSUR (Argentina, Brazil, Paraguay, Uruguay, and Venezuela) and Peru begin the 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 complementarily 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 Peru-MERCOSUR

The main Peruvian exports to the MERCOSUR are minerals and manufactures of copper, 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).

MERCOSUR Free Trade Agreements (FTA) - Peru's Agreements

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