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.
Website: www.mercosur.int (in Spanish and Portuguese only).
Secretary-General: Tabaré Vázquez (Uruguay).
Membership (6): Argentina, Brazil, Bolivia, Paraguay, Uruguay, Venezuela (suspended in 2016).
Associate Members (6): Chile, Colombia, Ecuador, Guyana, Peru, Suriname.
Observer (2): Mexico, New Zealand.
Official Languages: Guaraní, Portuguese, Spanish.
Origin and development. The idea of a regional common market was ...
- African Union (AU)
- Arab League
- Asia-Pacific Economic Cooperation (APEC)
- Association of Southeast Asian Nations (ASEAN)
- Caribbean Community and Common Market (CARICOM)
- Common Market For Eastern and Southern Africa (COMESA)
- Commonwealth of Independent States (CIS)
- Council of Europe
- Economic Community of West African States (ECOWAS)
- European Atomic Energy Community (EURATOM)
- European Free Trade Association (EFTA)
- European Union (EU)
- Group of Eight
- Group of Twenty
- International Criminal Court (ICC)
- International Energy Agency (IEA)
- International Organization For Migration (IOM)
- Non-Aligned Movement
- North Atlantic Treaty Organization (NATO)
- Organization For Economic Cooperation and Development (OECD)
- Organization For Security And Cooperation In Europe (OSCE)
- Organization of American States (OAS)
- Organization of Eastern Caribbean States (OECS)
- Organization of Islamic Cooperation (OIC)
- Organization of The Petroleum Exporting Countries (OPEC)
- Pacific Islands Forum (PIF)
- Regional Development Banks
- Shanghai Cooperation Organization (SCO)
- South Asian Association For Regional Cooperation (SAARC)
- Southern African Development Community (SADC)
- Southern Cone Common Market (Mercosur/Mercosul)
- The Commonwealth
- United Nations (UN)
- United Nations: Related Organizations
- United Nations: Specialized Agencies
- World Trade Organization (WTO)