International Trade Meaning and Definition of Mercosur

Meaning of Mercosur

The common market of the South, a customs union which includes Argentina, Brazil, Paraguay, and Uruguay in a regional trade pact that reduces tariffs on intrapact trade by up to 90 percent. Bolivia and Chile are associate members.

Related Entries of Mercosur in the Encyclopedia of Law Project

Browse or run a search for Mercosur in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Mercosur in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Mercosur in Historical Law in the Encyclopedia of Law.

Legal Abbreviations and Acronyms

Search for legal acronyms and/or abbreviations containing Mercosur in the Legal Abbreviations and Acronyms Dictionary.


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Related topics Mercosur in the World Encyclopedia of Law

What is Mercosur?

Vocabularies (Semantic Web Information)


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Topic Map A group of names, occurrences and associations
Topic Tree A topic display format, showing the hierarchy
Sitemap Index Sitemap Index, including Taxonomies The URI of Mercosur (more about URIs)


Legal English Vocabulary: Mercosur in Spanish

Online translation of the English legal term mercosur into Spanish: MERCOSUR (English to Spanish translation) . More about legal dictionary from english to spanish online.

Related to the Legal Thesaurus

Mercosur in Global Commerce Policy

In this regard, mercosur is: Mercado Común del Sur (Southern Common Market). Currently a customs union covering trade in goods except sugar and automobiles. Mercosur objectives include the free transit of all goods, services and the factors of production, and the lifting of non-tariff restrictions. The entries on trade policy are here. It was established on 29 November 1991 through the Treaty of Asunción and amended on 17 December 1994 through the Protocol of Ouro Preto which covers mainly institutional issues. The entries on trade policy are here. It includes Argentina, Brazil, Paraguay and Uruguay. Chile signed an association agreement on 1 October 1996. Bolivia did so on 1 March 1997. Membership is open to ALADI members. There are also plans to harmonize regulations on intellectual property rights within the area, and to have mutual recognition of university degrees. The Mercosur secretariat is located in Montevideo.[1]

Mercosurin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.


Notes and References

  1. Dictionary of Trade Policy, “Mercosur” entry (OAS)

See Also


See Also

  • International Organization
  • Foreign Relations
  • Intergovernmental Organization
  • Regional Organization
  • Regional Integration

Hierarchical Display of Mercosur

International Organisations > Extra-European organisations > Latin American organisation
Geography > Economic geography > Mercosur countries
Economics > Economic structure > Economic system > Common market

Meaning of Mercosur

Overview and more information about Mercosur

For a more comprehensive understanding of Mercosur, see in the general part of the online platform.[rtbs name=”xxx-xxx”]


Translation of Mercosur

Thesaurus of Mercosur

International Organisations > Extra-European organisations > Latin American organisation > Mercosur
Geography > Economic geography > Mercosur countries > Mercosur
Economics > Economic structure > Economic system > Common market > Mercosur

See also


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