Common Market of the South


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Common Market of the South:

see MercosurMercosur
or Mercosul,
officially the Common Market of the South, Latin American trade organization established in 1991 to increase economic cooperation among the countries of E South America.
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The statement said the Front is committed to join efforts with regional and international organizations, political parties and social movements in the ALBA nations, Union of South American Nations (UNASUR) and the Common Market of the South (MERCOSUR) to support the Syrian government and realize peace through political dialogue, with honoring Syria's sovereignty and territorial integrity.
Though not many large scale industrial ventures are operating in Uruguay, the country has a number of small and medium scale business enterprises who mainly work within the Mercosur, the common market of the South American countries," he said.
ANKARA, Dec 15, 2010 (TUR) -- Turkish State Minister & Chief Negotiator Egemen Bagis will travel to Brazil on Wednesday to attend 40th Common Market of the South (MERCOSUR) summit and ministerial meeting.
At the same time, Argentina is likely to increase its overall trade with Brazil, its largest trading partner, and other members of the Common Market of the South, or Mercosul, which also includes Bolivia, Chile, Paraguay and Uruguay.