What does MERCOSUR stand for?
What does MERCOSUR mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: MERCOSUR.
What does MERCOSUR mean?
- Mercosur or Mercosul is a sub-regional bloc comprising Argentina, Brazil, Paraguay, Uruguay and Venezuela. Its associate countries are Chile, Bolivia, Colombia, Ecuador and Peru. Observer countries are New Zealand and Mexico. Its purpose is to promote free trade and the fluid movement of goods, people, and currency. The official languages are Spanish, Portuguese and Guaraní. It has been updated, amended, and changed many times since. It is now a full customs union and a trading bloc. Mercosur and the Andean Community of Nations are customs unions that are components of a continuing process of South American integration connected to the Union of South American Nations.