Mariantonia Mejía - Vanessa De Lima - Carolina Del Gallego - María J. Díaz Tagle

1960’s Integration Efforts1985 The bilateral program of integration

and cooperation known as PICAB.1991 Founded by the Treaty of Asuncion1994’sTreaty of Ouro Preto1999 There is a duty free zone among its

members with the exception of sugar andautomobiles.

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

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.

BRAZIL

ARGENTINA

PARAGUAY

URUGUAY

VENEZUELA

COLOMBIA

BOLIVIA

CHILE

MEXICO

ECUADOR

PERU

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 countries.

Preferential agreements with different countries and blocs.

ECA’s AgreementMercosur, Chile and Bolivia naming "Associate States " to the bloc.

Agreement of Cooperation as for Trade and Investment between the MERCOSUR and the members of the Common Central American Market (MCCA).

Andean countries Bolivia Chile Peru Israel Egypt

MERCOSUR as economic bloc has been developed free agreements with different countries and other economic

blocs.

Source: IMFDirection of Statistics- DoTS

Source: IMFDirection of Statistics- DoTS

5% 4%12%

10%

33%

36%

Mercosur Imports 2009

Plastic and manufacture

Milling production (wheat)

Cereal (wheat, rice)

Fuel (nafta, oil)

Vehicles and its parts

Other

7% 3%5%

2%

11%

23%

49%

Mercosur Exports2009 Machinery

(cellphone)

Plastic and manufacture

Machinery (Motor)

Steel and Iron

Fuel (Energy, gasoil, fueloil)

Vehicles and its parts

Other

Source: IMFDirection of Statistics- DoTS

Source: IMFDirection of Statistics- DoTS

Source: IMFDirection of Statistics- DoTS

Currently there has been a move to expand MERCOSUR with Chile and also to integrate with NAFTA, North

American Free Trade Agreement creating a Free Trade Agreement of the Americas (FTAA), which would dispell

both NAFTA and MERCOSUR.

Foreign Ministers of MERCOSUR approves the Political Agreement

PARLASUR, which establishes a new structure for Mercosur.