“In the session of the Chamber of Deputies, Bill No. 225/2023-2024 for the ratification of the ‘Protocol of Accession of the Plurinational State of Bolivia to Mercosur’ was approved in large and detail by more than two-thirds.” “, reads the statement issued by the Chamber of Deputies.
The Senate must also approve the rule, so that President Luis Arce can finally promulgate the law.
In December 2023, the president of Brazil, Luiz Inacio Lula da Silva, promulgated the protocol for Bolivia’s full accession to the Southern Common Market (Mercosur) within the framework of the Summit of this bloc, in Rio de Janeiro.
Bolivia, in accordance with the accession protocol, must assume commitments such as the Mercosur common external tariff, which the bloc’s countries charge to third countries, and the nomenclature of the Southern Common Market and other obligations.
You will have a period of four years to adopt these commitments and others in different areas.
