The agreement, approved by the legislative plenary sets up the Binational Commission for the Integrated Management of Water Resources of the Transboundary Hydrographic Basins between both countries.
According to a bulletin issued by Parliament, the international instrument defines the strategies, mechanisms and recommendations for the conservation and protection of natural water sources in their different forms and physical states.
It also includes issues related to natural and artificial elements associated with water resources.
Finally, the deal enables the application of investment projects aimed at improving the quality of water for human consumption and food safety.
The legal document, which would benefit about 5.2 million people living in the border integration zone with Peru, is part of the Peace Agreements signed by both nations.