- International Organization
- International Organizations
Southern Cone Common Market (Mercosur/Mercosul)
Mercado Común do Cono Sur
Mercado Comum de Cone Sul
Established: By treaty signed March 26, 1991, in Asunción, Paraguay, by the presidents of Argentina, Brazil, Paraguay, and Uruguay.
Purpose: To establish a regional “common market of the southern cone” through the harmonization of policies in agriculture, industry, finance, transportation, and other sectors; to promote economic development through expanded extraregional trade and the pursuit of foreign investment.
Headquarters: Montevideo, Uruguay.
Principal Organs: Council of the Common Market, Common Market Group, Joint Parliamentary Commission, Secretariat.
Web site: www.mercosur.int (in Spanish and Portuguese only)
Secretary General: None—Secretary General Samuel Pinheiro Guimaraes resigned in the middle of the 2012 annual summit. As of November 2012, no successor had been named.
Membership (5): Argentina, Brazil, Paraguay, Uruguay, Venezuela.
Associate Members (5): Bolivia, Chile, Colombia, Ecuador, Peru.
Observer (1): ...
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