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Mercosur

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What is TRADE BLOC? What does TRADE BLOC mean? TRADE BLOC meaning, definition & explanation

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Nacimiento de la UNASUR

Mercosur, officially Southern Common Market is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994. Its full members are Argentina, Brazil, Paraguay and Uruguay. Venezuela is a full member but has been suspended since December 1, 2016. Associate countries are Bolivia, Chile, Colombia, Ecuador, Guyana, Peru and Suriname. Observer countries are New Zealand and Mexico.