MERCOSUR-ANDEAN AGREEMENT BRINGS 350 MILLION INTO COMMON MARKET. From: NotiSur - South American Political and EconomicAffairs | Date: April 23, 2004 | COPYRIGHT 2004 Latin American Data Base/Latin American Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright information

The Southern Cone Common Market (MERCOSUR) and the Comunidad Andina de Naciones (CAN) have joined in a trade agreement, bringing ten countries and 350 million people into a common market. The move signals increased economic integration in the South American region and an accelerating effort to strengthen the region's ability to negotiate with the US and European Union (EU). This will create a free-trade zone encompassing more than 5% of the world's population.

Andean Community addition brings nation total to ten

With the agreement coming into place on July 1, the South ...

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