MERCOSUR (Southern Common Market)Free transit of goods MERCOSUR (Brazil, Argentina, Uruguay, Paraguay)
Brazil is the largest economy (79% of GDP of MERCOSUR), followed by Argentina (18%). MERCOSUR was founded by Argentina, Brazil, Paraguay, and Uruguay in 1991 with the signing of the Treaty of Asuncion.
Sample - MERCOSUR
MERCOSUR Free Trade Agreements: Chile, Andean Community, Chile, Mexico, Peru, India, Egypt, Israel, SACU, and the European Union, Global System of Trade Preferences. The educational aims of the Subject “MERCOSUR” are to:
The Subject “MERCOSUR” is included within the curriculum of the following academic programs at EENI Global Business School: Masters: International Business, Foreign Trade.
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The Asuncion Treaty is based on the doctrine of reciprocal rights and obligations of the member countries of MERCOSUR MERCOSUR is the fifth-largest economic bloc in the World MERCOSUR is a Christian economic bloc with a large Catholic majority. The objectives of MERCOSUR are:
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 MERCOSUR and its Party States. The EU is the largest trading partner of 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 SACU, GCC member countries, and Morocco. MERCOSUR belongs to the Hispanic American Economic Area. (c) EENI Global Business School (1995-2025)
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