Mercosur

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Mercosur

  1. 1. Mariantonia Mejía - Vanessa De Lima - Carolina Del Gallego - María J. Díaz Tagle
  2. 2. 1960’s  Integration Efforts 1985 The bilateral program of integration and cooperation known as PICAB. 1991  Founded by theTreaty of Asuncion 1994’s Treaty of Ouro Preto 1999  There is a duty free zone among its members with the exception of sugar and automobiles.
  3. 3.  The official languages are Portuguese and Spanish.  The four member nations represent 59% of the land mass of Latin America.  Headquarters (secretariat): Montevideo, Uruguay  Combined GDP: US$ 1.1 trillion
  4. 4. MERCOSUR is oriented to develop the economies of its members making them more internationally competitive. Promote free trade and the fluid movement of goods, people, and currency.
  5. 5. BRAZIL ARGENTINA PARAGUAY URUGUAY VENEZUELA
  6. 6. COLOMBIA BOLIVIA CHILE MEXICO ECUADOR PERU
  7. 7. Mercosur  Customs union  Argentina, Brazil, Paraguay, and Uruguay. Mercosur Eliminates the majority of tariffs among the four member states as well as the two associate member nations. Members Common external tariffs throughout the region  Stimulate interregional growth and investment.
  8. 8.  MERCOSUR  Strategy of commercial opening  implemented a very active politics of external relations across negotiations with other countries or groups of countries.  Preferential agreements with different countries and blocs.  ECA’sAgreement Mercosur, Chile and Bolivia naming "Associate States " to the bloc.  Agreement of Cooperation as forTrade and Investment between the MERCOSUR and the members of the Common CentralAmerican Market (MCCA).
  9. 9.  Andean countries  Bolivia  Chile  Peru  Israel  Egypt MERCOSUR as economic bloc has been developed free agreements with different countries and other economic blocs.
  10. 10. Source: IMFDirection of Statistics- DoTS
  11. 11. Source: IMFDirection of Statistics- DoTS
  12. 12. 5% 4% 12% 10% 33% 36% Mercosur Imports 2009 Plastic and manufacture Millingproduction (wheat) Cereal (wheat, rice) Fuel (nafta, oil) Vehicles and its parts Other 7% 3% 5% 2% 11% 23% 49% Mercosur Exports 2009 Machinery (cellphone) Plastic and manufacture Machinery (Motor) Steel and Iron Fuel (Energy, gasoil, fueloil) Vehicles and its parts Other Source: IMFDirection of Statistics- DoTS
  13. 13. Source: IMFDirection of Statistics- DoTS
  14. 14. Source: IMFDirection of Statistics- DoTS
  15. 15.  Currently there has been a move to expand MERCOSUR with Chile and also to integrate with NAFTA, North American FreeTradeAgreement creating a FreeTrade Agreement of theAmericas (FTAA), which would dispell both NAFTA and MERCOSUR. Foreign Ministers of MERCOSUR approves the Political Agreement PARLASUR, which establishes a new structure for Mercosur.

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