Argentina’s Chamber of Deputies approves Mercosur-Singapore free trade agreement

The bill received 234 votes in favor and four against, with no abstentions.

Argentina’s Chamber of Deputies gave final approval to the free trade agreement between Mercosur and Singapore. The bill passed with 234 votes in favor and four against.

Author: Робот Source: Chamber of Deputies of Argentina

Deputies seated in the chamber of Argentina’s Chamber of Deputies. — Argentina’s Chamber of Deputies votes on the Mercosur-Singapore free trade agreement. Illustrative photo. Photo: Jorge Láscar from Australia / Wikimedia Commons, CC BY 2.0

Argentina’s Chamber of Deputies gave final approval at a special session to a bill returned from the Senate for review. It approves the free trade agreement between the Southern Common Market (Mercosur) and the Republic of Singapore.

The agreement was concluded in Rio de Janeiro, Brazil, on December 7, 2023. In the vote, 234 deputies supported the bill and four voted against it; there were no abstentions.

Deputy Eduardo Valdés of the Union for the Homeland bloc said the agreement was a good path for Argentina.

Fellow bloc member Santiago Cafiero described it as a “second-generation agreement” that affirms Argentina’s view of integration. He said it goes beyond tariffs and sets a direction for the bloc’s trade policy that could be extended through other agreements.

Deputy Damián Arabia of the La Libertad Avanza party called it the first free trade agreement with a country in Southeast Asia. He said it could create an opportunity for the development of Argentina’s provinces.

Translated from Spanish using artificial intelligence. Source: Chamber of Deputies of Argentina

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Argentina’s Chamber of Deputies approves Mercosur-Singapore free trade agreement

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