Argentina, Brazil, Paraguay and Uruguay signed on Thursday (29.04.2021/XNUMX/XNUMX) in the city of Montevideo, the Mercosur Electronic Commerce Agreement.
It had previously been agreed upon at the Common Market Council Meeting last December, but could not be signed at that time because the meeting was held virtually.
This agreement establishes a common legal framework which seeks to facilitate the development of trade between the countries of the bloc, both in goods and services, through electronic means, explained the release of the Argentine Foreign Ministry.
The instrument will regulate the conditions for cross-border transfer of information, Personal data protection, no imposition of tariffs on electronic transmissions, Electronic signature, IT facility location, online consumer protection, Internet access and use, among others.
E-commerce data in Argentina
According to data from the Argentine Chamber of Electronic Commerce (CACE), electronic commerce in Argentina grew by 2020% in 124 compared to the previous year and recorded a turnover of $905.143 million pesos.
The increase is observed both in the number of products sold (251 million, 72% more than in 2019) and in the number of purchase orders (164 million, 84% more than in 2019).
"These values only serve to confirm the importance of Mercosur having its own legal text on this matter," the Foreign Ministry said.
Although it is a modern instrument, aligned with the texts being negotiated both in multilateral settings and in regional and subregional trade agreementsThe Agreement provides for a biannual review clause in order to gradually incorporate technological and regulatory developments relating to this constantly evolving activity.
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