Singapore, Nov. 2 -- The Mercosur (Southern Common Market)-Singapore Free Trade Agreement officially entered into force between Singapore and Argentina on November 1, completing its implementation with all four founding Mercosur member states, according to Singapore's Ministry of Trade and Industry and the Argentine Embassy in Singapore.
A joint statement issued on the same day said the agreement had previously taken effect with Paraguay, Uruguay and Brazil, marking an important milestone in Singapore's economic ties with Latin America.
The agreement covers trade in goods and services, investment, government procurement, digital trade, intellectual property and economic cooperation.
Under its provisions, MERCOSUR will eliminate import ta...