Mariantonia Mejía - Vanessa De Lima - Carolina Del Gallego - María J. Díaz Tagle
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
The official languages are Portuguese and
The four member nations represent 59% of the
land mass of Latin America.
Headquarters (secretariat): Montevideo,
Combined GDP: US$ 1.1 trillion
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.
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.
MERCOSUR Strategy of commercial opening
implemented a very active politics of external relations
across negotiations with other countries or groups of
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).
MERCOSUR as economic bloc has been developed free
agreements with different countries and other economic
2009 Plastic and
Cereal (wheat, rice)
Fuel (nafta, oil)
Vehicles and its
Steel and Iron
Fuel (Energy, gasoil,
Vehicles and its parts
Source: IMFDirection of Statistics- DoTS
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.