🌐 Entity
Mercosur
South American economic agreement
📊 Rating
2 news mentions · 👍 0 likes · 👎 0 dislikes
📌 Topics
- Trade Agreement (2)
- Economic Integration (1)
- International Relations (1)
🏷️ Keywords
Mercosur (2) · tariffs (2) · EU (1) · free trade deal (1) · May 1 (1) · 700 million (1) · economic integration (1) · Paraguay (1) · European Union (1) · trade deal (1) · South America (1) · economic cooperation (1)
📖 Key Information
The Southern Common Market (commonly known by abbreviations Mercosur in Spanish and Mercosul in Portuguese) is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994. Its full members are Argentina, Bolivia, Brazil, Paraguay, and Uruguay. Venezuela is a full member but has been suspended since 1 December 2016.
📰 Related News (2)
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🇺🇸 European Union says Mercosur free trade deal will start May 1, linking 700 million peopleThe European Union starts its long-delayed free trade deal with Mercosur on May 1, despite political and legal fights...
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🇺🇸 Paraguay becomes final South American country to approve Mercosur-European Union trade dealParaguay has ratified the Mercosur and European Union free trade deal to complete South America’s approval of a huge new trade zone...
🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside Mercosur:
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European Union · 2 shared articles -
South America · 1 shared articles -
Paraguay · 1 shared articles