This paper deals with the current proposals about ethical education in psychology undergraduate programs within Mercosur regional context, particularly in Argentina. The organisation processes carried out by the psychology professional community of Mercosur is analyzed. As a consequence of it, the Psychologists' Committee of Mercosur and Associated Countries was founded with the main objective of establishing common standards for psychology undergraduate education and the ethical framework for the regulation of the profession. With respect to Argentina, the processes generated by the psychology academic community are analyzed. With the creation of the Association of Psychology Academic Units and the cooperation of the Federation of Argentinean Psychologists (Fe-PRA), the psychological community has put forward a threefold proposal: i) Activities related to the Professional Degree, ii) the Direct Risk involved in an unethical practice, and iii) the Curricular Contents that should be taught at university. Ethical and deontological contents are included in all the mentioned activities. Finally, it is worth noting the importance of the developments related to professional ethics and deontology taking place in Mercosur context as well as in Argentina. [ABSTRACT FROM AUTHOR]