On 2 August 2010, MERCOSUR signed a free trade agreement with Egypt at the 39th Summit of MERCOSUR heads of state and associated countries. In January 2004, MERCOSUR received a proposal from Egypt to negotiate a free trade agreement based on discussions at the G20 meeting in November 2003. At the regular meeting of the « MerCOSUR » Council within the framework of the MERCOSUR common market, a framework agreement was signed between MERCOSUR (composed of Argentina, Brazil, Paraguay and Uruguay) and the Arab Republic of Egypt. This decision was adopted by MERCOSUR as a 16/04 decision of the Common Market Council. This agreement provides for the negotiation of a free trade agreement with a first phase, created by the negotiation of a fixed preferential agreement. The MERCOSUR-Egypt Free Trade Agreement entered into force on 1 September 2017, after all parties completed their internal procedures for ratifying the agreement. Section 25 of Chapter IV, Institutional Provisions, establishes a joint committee to manage and implement the agreement. The second round of negotiations took place in Montevideo, Uruguay, in November 2009. The third round of negotiations took place from 9 to 11 March 2010 in Cairo, Egypt. Puerto Iguaze, Argentina.
MerCOSUR framework agreement with the Arab Republic of Egypt Montevideo, Uruguay: second round of negotiations | Appendix 3: Agreed trading terms.