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Mercosur
Mercosur or Mercosul, officially the Common Market of the South, Latin American trade organization established in 1991 to increase economic cooperation among the countries of E South America. It is commonly known as Mercosur or Mercosul from the Spanish and Portuguese names, respectively, for the organization. Full members now include Argentina, Brazil, Paraguay, and Uruguay; Bolivia, Chile, Colombia, Ecuador, Peru, and Venezuela (which will become a full member once all four full members ratify its accession) are associate members. The headquarters are in Montevideo, Uruguay. Mercosur is gradually eliminating tariffs between member states and at the same time aiming for a low common external duty, and trade between its members has greatly expanded since 1991. A Mercosur parliament was established in 2007. |
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"Mercosur." The Columbia Encyclopedia, Sixth Edition. 2008. Encyclopedia.com. 9 Sep. 2010 <http://www.encyclopedia.com>. "Mercosur." The Columbia Encyclopedia, Sixth Edition. 2008. Encyclopedia.com. (September 9, 2010). http://www.encyclopedia.com/doc/1E1-Mercosur.html "Mercosur." The Columbia Encyclopedia, Sixth Edition. 2008. Retrieved September 09, 2010 from Encyclopedia.com: http://www.encyclopedia.com/doc/1E1-Mercosur.html |
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Mercosur
Mercosur (Portuguese name Mercosul) A regional trade organization in South America, whose full title is the Southern Cone or South American Common Market. Founded in March 1991, with the aim of creating a common market in the area, Mercosur's member states are Argentina, Brazil, Paraguay, and Uruguay. Following protracted negotiations on tariffs, the final presidential accord to create the customs union was signed on 17 December 1994 and Mercosur was inaugurated on 1 January 1995. Chile joined as an associate member in 1996. Mercosur and the European Union signed a cooperation agreement in 1995 and pledged to open negotiations on the eventual creation of a Mercosur-EU free trade zone.
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Cite this article
"Mercosur." A Dictionary of World History. 2000. Encyclopedia.com. 9 Sep. 2010 <http://www.encyclopedia.com>. "Mercosur." A Dictionary of World History. 2000. Encyclopedia.com. (September 9, 2010). http://www.encyclopedia.com/doc/1O48-Mercosur.html "Mercosur." A Dictionary of World History. 2000. Retrieved September 09, 2010 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O48-Mercosur.html |
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MERCOSUR SUMMIT BRINGS RENEWED COMMITMENT FOR REGIONAL COOPERATION.
...of the Southern Cone Common Market (MERCOSUR) met in Asuncion, Paraguay, June 18...Bolivia, Gonzalez Sanchez de Lozada, MERCOSUR associate members, also attended, as...presidents of Argentina and Brazil to revamp MERCOSUR, seriously damaged by years of economic... |
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Mercosur's malaise.(Brazilian and Argentinean economies affect South American...
...Argentina and Brazil, give it a push, Mercosur will never achieve its bold ambitions...in 1991 as a putative common market, Mercosur has been a beacon of economic promise...the idea of free-trade talks between Mercosur and the European Union, whose leaders... |
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Mercosur Disapproves Chile-U.S Free Trade Negotiations
Leaders of Mercosur countries, loath to see Chile holding...customs union when they meet this week. Mercosur leaders, at their summit meeting on...conditions on Chile's full membership in Mercosur (the South American Common Market... |
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Mercosur plans expansion as trade talks begin
...BrazilLeaders of South American trade bloc Mercosur said Thursday the internal disputes that...continent are simply growing pains."Mercosur is growing and expanding, with new associate...he said. By contrast, he said, Mercosur is growing.Presidents of the four ... |
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Mercosur leaders meet amid mounting criticism of trade bloc
...bloc, officials representing the Mercosur nations are heading back to the same...experts and business leaders that Mercosur doesn't work and must be fixed or disbanded.While trade among the Mercosur nations has grown since the zone was... |
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Mercosur Plans Expansion As Talks Begin
...Foreign Minister Leila Rachid talk during a Mercosur forum, in Belo Horizonte, Brazil...2004. Leaders from South America's Mercosur trade zone on Thursday kick off their...simply "growing" pains, leaders of the Mercosur trade bloc said Thursday. "Mercosur... |
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Mercosur Leaders Meet, Assess Trade Bloc
...remain, in the most glaring example of Mercosur's failure to integrate its members...America into a unified economic bloc, Mercosur nation officials are returning amid mounting...by experts and business leaders that Mercosur doesn't work and must be fixed or disbanded... |
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MERCOSUR: LATIN OFFICIALS FIND U.S. COUNTERPARTS "MISINFORMED"
...make up the Southern Common Market (Mercosur)than it does to Russia and China combined...maybe 20 people up here who know about Mercosur,"said one trade policy adviser to...more U.S. corporations investin the Mercosur countries and negotiations accelerate... |
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EU/MERCOSUR: PLAN TO RELAUNCH TRADE TALKS WITH EU.(Brief Article)
...Deputy Foreign Minister and Head of the Mercosur delegation Guillermo Valles, claimed...underlined the political interest of the Mercosur bloc in establishing an inter-regional...issues, he explained.The EU is by far Mercosur's largest export market. The average... |
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EU/MERCOSUR: TRADE TALKS FALTER AS SIDES TRADE BLOWS.(European Union)
Mercosur complaints. Comprising Brazil, Argentina, Uruguay and Paraguay, Mercosur said in a September 30 statement from the Brazilian...which it considers a "strategic element" in Mercosur's foreign trade policy. But it also asserted... |
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