MERCOSUR (Southern Common Market) Brazil

Syllabus of the Subject

MERCOSUR (Southern Common Market): Argentina, Brazil, Paraguay, and Uruguay

Introduction to the MERCOSUR
1. Treaty of Asuncion
Administrative Secretariat of the MERCOSUR
New institutional phase of the MERCOSUR
MERCOSUR political, economic, and commercial
Member countries of the MERCOSUR
Incorporation of Venezuela and Bolivia (accession process)
MERCOSUR Customs Union and Economic Integration Agreement
1. MERCOSUR Common External Tariff
2. MERCOSUR Regime of Origin (ROM)
Businessperson of the MERCOSUR:

Market Access - Free Trade Agreements

MERCOSUR Free Trade Agreements: Chile, Andean Community, Chile, Mexico, Peru, India, Egypt, Israel, SACU, and the EU, Global System of Trade Preferences.

The objectives of the subject “MERCOSUR” are to:

Understand the aims (regional integration, socio-economic development) and the organizational structure of the MERCOSUR
Analyze the impact of the MERCOSUR on the economy and the trade among the member countries
Understand the implications of the new incorporations of Venezuela and Bolivia to the MERCOSUR
Analyze the common external tariff, the common classification and the rules of origin of the MERCOSUR
Evaluate the free movement and the intra-MERCOSUR trade
Know the MERCOSUR Free Trade Agreements

MERCOSUR
MERCOSUR (Brazil, Argentina, Uruguay, Paraguay) Common External Tariff

Online Student Master in International Business

The Subject “MERCOSUR” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: American Business, World Trade.

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish MERCOSUR Study Doctorate in International Business in French MERCOSUR Masters Foreign Trade in Portuguese MERCOSUL.

Foreign Trade and Business in South America

Foreign Trade and Business in Brazil

Credits of the Subject “MERCOSUR”: 2
Duration: two weeks

Latin American Economic Integration

Chile-MERCOSUR (Argentina, Brazil, Uruguay, Paraguay) Free Trade Agreement (FTA)

Brazil is the largest economy (79% of the GDP of the MERCOSUR), followed by Argentina (18%).

MERCOSUR (Southern Common Market).

The MERCOSUR was created by Argentina, Brazil, Paraguay, and Uruguay in 1991 with the signing of the Treaty of Asuncion.

In 2006, it was signed the Protocol of Accession of Venezuela to the MERCOSUR.
1. Venezuela is a member of the MERCOSUR since 2012
2. The entry of Venezuela to the bloc will occur gradually
3. Today is Suspended
Paraguay was suspended off the MERCOSUR in 2012 to 2013
Bolivia: Adhesion of Venezuela to the MERCOSUR
The associate members of the MERCOSUR are Bolivia, Chile, Colombia, Ecuador, Peru, Guyana and Suriname

The Asuncion Treaty is based on the doctrine of reciprocal rights and obligations of the member countries of the MERCOSUR

The MERCOSUR is the fifth-largest economic bloc in the World with a GDP of 1.989 billion dollars and a population of 295 million

The MERCOSUR is a Christian economic bloc with a large Catholic majority.

The objectives of the MERCOSUR are:

Free transit of products, services, and factors between the member economies in the MERCOSUR
Fixing of a common external tariff and adopting a common Foreign Trade policy
Macroeconomics and sectoral policies coordination of the member States relating to the foreign trade, agriculture, industry, taxes, monetary system, exchange and capital, trade in services, customs, logistics, and communications
Engagement by the members of the MERCOSUR to make the necessary adjustments to their laws in relevant areas to improve the integration process

The European Union-MERCOSUR relationship is based on the EU-MERCOSUR Interregional Cooperation Framework Agreement signed on 1995 in Madrid between the EU and its member economies and the MERCOSUR and its Party States. The EU is the largest trading partner of the MERCOSUR and largest foreign investor in the region.

The Intra-MERCOSUR trade tariff is 0%, and a common external tariff applies to trade with non-MERCOSUR Countries.

A Preferential Trade Agreement with India is in place, a free trade agreement with Israel is awaiting Congress' approval, and different International Trade Agreements are under negotiation with the SACU, the GCC member countries, and Morocco.

The MERCOSUR belongs to the Latin American Economic Area.

Christianity and Global Business (Catholicism, Protestantism)