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Bolivia joins Mercosur as a Full Member State
By PPO Abogados
On December 7, 2023, Luiz Inacio da Silva, the President of the Federative Republic of Brazil, officially ratified the Accession Protocol of Bolivia to the Southern Common Market (Mercosur). With this, Bolivia attains the status of a Full Member State within the regional organization.
The protocol was ratified during the LXIII Summit of Heads of State of MERCOSUR and Associated States held on Rio de Janeiro.
With this signature, Bolivia is now required to gradually align its domestic regulations with those of Mercosur over a period of four years. This signifies a crucial step towards deeper collaboration and cooperation among the member states of Mercosur, fostering economic ties for mutual benefit. The integration of Bolivia into Mercosur holds the promise of enhanced regional stability and development in the years to come.
PPO Indacochea
PPO Indacochea is Bolivia’s leading full-service law firm, formed through the strategic merger of PPO Abogados and Indacochea & Asociados—two of the most prominent and respected legal institutions in the country. With the largest team of lawyers and the broadest geographic coverage in the market, we are uniquely positioned to deliver legal solutions that are innovative, multidisciplinary, and business-oriented.
Our approach is simple and effective: we provide solutions, not just opinions. We work closely with our clients to understand their businesses and deliver strategic advice tailored to their most complex challenges. We channel transformative foreign investment into Bolivia, advise on high-stakes disputes before local and international tribunals, and offer end-to-end legal services that bridge the gap between law and business.
With a team of 85 lawyers and over 180 professionals led by 14 partners, we operate across six offices in five cities nationwide. Our professionals include top-tier talent—most trained or specialized abroad—with a strong commitment to diversity, inclusion, and social responsibility.
At PPO Indacochea we redefine legal services to anticipate and exceed the demands of a fast-evolving business environment. We are proud to be consistently recognized by the most prestigious international legal directories, including Chambers and Partners, Legal 500, IFLR1000, Leaders League, Latin Lawyer, LACCA, and others, as Bolivia’s leading law firm. PPO Indacochea: Where law meets strategy, and local depth meets global vision.