Mercosur


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Related to Mercosur: Unasur

Mercosur

(ˈmɜːkəˌsə)
n
(Economics) a trading block composed of Argentina, Brazil, Paraguay, Uruguay, and Venezuela, with associate members Bolivia, Chile, Colombia, Ecuador, and Peru; superseded in 2008 by the Union of South American Nations (Unasur or Unasul), by uniting with the Andean Community
[C20: from Spanish Mercado Común del Cono Sur common market of the southern cone]
References in periodicals archive ?
For the first time ever, the MERCOSUR now has an instrument to facilitate intrabloc investments and a government procurement regime.
The ministry said that trade exchange between Egypt and Mercosur members is $3.
Mercosur is an economic and political bloc comprising Argentina, Brazil, Paraguay, and Uruguay, and Venezuela.
The objective of these instruments was to create a framework for negotiations on an Interregional Association Agreement, which would ideally include full liberalization of trade in goods and services in conformity with WTO rules, enhanced forms of co-operation and strengthened political dialogue between Mercosur and the EU.
We want to get closer to China, because it is the main business partner to all Mercosur countries," Nin Novoa told the Senate's International Affairs Committee, according to local newspaper El Observador.
De hecho, desde 2003, el sector cinematografico es una de las principales areas de las politicas e inversiones del Mercosur dentro del sector cultural.
Mercosur is not the only, but definitely a promising organization of integration in this region that aggregates strong potential economies and markets and is considered to be an extremely important raw materials sector.
These two blocs have approached trade and growth quite differently: protectionist Mercosur provides preferential trade access to less than 7 percent of the world economy, while the much more open Pacific Alliance represents countries having trade pacts representing nearly 75 percent of the global market.
El jueves 11, en Belgica, los representantes del Mercosur expresaron su disposicion de avanzar en un tratado de libre comercio con la Union Europea (UE), en medio de tensiones entre las naciones sudamericanas.
Todo esto, con el fin de esbozar los principios de organizacion administrativa que rigen en la estructura institucional del MERCOSUR.
Mercosur is a South American trade bloc comprising Argentina, Brazil, Paraguay, Uruguay and Venezuela.
Mercosur is a free trade zone, which was established in 1995 as a union of four Latin American countries Brazil, Argentina, Uruguay and Paraguay.