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Mercosur - (common market of the south) - Latin American trade

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Mercosur was founded in 1991 by Argentina, Brazil, Paraguay and Uruguay with the signature of the Treaty of Asuncion. Venezuela is a full member since July 2012, Bolivia is in the process of becoming a full member since December 2012; while Chile, Colombia, Ecuador and Peru are associated states. Its Secretariat is based in Montevideo and it has a six-month rotating Presidency.

The link address is: http://eeas.europa.eu/mercosur/index_en.htm

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