Argentina Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in argentina, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
Select Country Guide
Trade Agreements
Last published date:

World trade Organization (WTO)

Argentina has been a WTO member since January 1, 1995, and a member of GATT since October 11, 1967.

ALADI

Argentina is a founding member of the Association for Latin American Integration (Asociación Latinoamericana de Integración, ALADI), created in 1980 with the goal of establishing a Latin American common market. Member countries sign regional and bilateral agreements that allow partial trade liberalization that can then be extended to other members. Argentina has several regional, multilateral, and bilateral agreements.

MERCOSUR

Argentina is a member of the Southern Common Market (Mercosur, Mercado Común del Sur), which entered into force in January 1991. Mercosur members include Argentina, Brazil, Paraguay, and Uruguay. Venezuela is currently suspended from the bloc. Bolivia, Chile, Colombia, Ecuador, Guyana, Peru, and Suriname are associate members.

Mercosur – Southern African Customs Union

In December 2000, Mercosursigned a framework agreement toward the creation of a free trade area with the Southern African Customs Union (Botswana, Lesotho, Namibia, South Africa, and Swaziland). In 2016, a preferential trade agreement entered into force.

Mercosur – European Union

In 1995, Mercosur and the European Union signed a Framework Trade and Economic Cooperation Agreement. Negotiations to create a bi-regional free trade agreement were concluded in 2019, and the agreement is now awaiting ratification by the European Parliament and the parliaments of each Mercosur member country. While some discrepancies remain in certain chapters, Argentine President Javier Milei is actively advocating for the swift implementation of this agreement.

Mercosur – European Free Trade Association

In 2019, Mercosur signed a free trade agreement (FTA) with the European Free Trade Association (EFTA) comprised of Iceland, Liechtenstein, Norway, and Switzerland. EFTA grants exclusive access quotas to Mercosur for meat, honey, rice, wine, and olive oil. The FTA is pending ratification by each member country’s legislature.

Mercosur – Israel

In December 2007, the Mercosur -Israel Free Trade Agreement (FTA) was signed.

Mercosur – Egypt

In August 2010, the Mercosur-Egypt FTA was signed.

Mercosur – India

The Mercosur-India Preferential Trade Agreement (PTA) started as a framework in 2003 and entered effect in June 2009. It grants tariff concessions ranging from 10% to 100% over 450 tariff lines.

Mercosur – Singapore

In July 2022, Mercosur and Singapore concluded negotiations for an FTA which is now pending ratification.

Mercosur – Canada, South Korea, Indonesia, Lebanon

The Mercosur block is currently advancing negotiations for FTAs with each of the aforementioned countries.

Mercosur – Dominican Republic

In 2021, Mercosur and the Dominican Republic signed a Memorandum of Understanding (MOU) which establishes a technical group in charge of strengthening the bilateral trade relationship. It also includes conversations to eventually negotiate an FTA.

Mercosur – United Arab Emirates (UAE)

In 2024, Mercosur started the conversations on an FTA with the United Arab Emirates.

Mercosur – United States of America

In 2024, Argentine President Javier Milei announced his intention to negotiate a Free Trade Agreement (FTA) with the United States, but negotiations have not yet begun.