Institution

Mercosur

1991 · 20th century · Also known as Southern Common Market

Mercosur, the Southern Common Market, is a South American trade bloc founded by Argentina, Brazil, Paraguay and Uruguay through the Treaty of Asunción in 1991. It created a customs union with a common external tariff and became the region's largest trading arrangement, with its secretariat in Montevideo, and several neighbouring countries joined as associate members.

Mercosur
Image: MapNerd777 · CC0 · Wikimedia Commons

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See also

Cite this entry
APA
The Epoch Institute. (2026). Mercosur. In The Epoch Institute Encyclopedia. https://the-epoch-institute.org/encyclopedia/mercosur
MLA
“Mercosur.” The Epoch Institute Encyclopedia, The Epoch Institute, 2026, https://the-epoch-institute.org/encyclopedia/mercosur. Accessed .
Chicago
The Epoch Institute. “Mercosur.” The Epoch Institute Encyclopedia. 2026. https://the-epoch-institute.org/encyclopedia/mercosur.
Harvard
The Epoch Institute (2026) ‘Mercosur’, The Epoch Institute Encyclopedia. Available at: https://the-epoch-institute.org/encyclopedia/mercosur (Accessed: ).

Last reviewed October 2026Random entry ↻