EENI Global Business School

MERCOSUR (Southern Common Market)



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Free transit of goods MERCOSUR (Brazil, Argentina, Uruguay, Paraguay)

Latin American Economic Integration

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.

Foreign Trade and Business in South America

Christianity and Global Business (Catholicism, Protestantism)
Christianity & Business

  1. Introduction to MERCOSUR
    1. Treaty of Asuncion
  2. Administrative Secretariat of MERCOSUR
  3. New institutional phase of MERCOSUR
  4. MERCOSUR political, economic, and commercial
  5. Member countries of MERCOSUR
  6. Incorporation of Venezuela and Bolivia (accession process)
  7. MERCOSUR Customs Union and Economic Integration Agreement
    1. MERCOSUR Common External Tariff
    2. MERCOSUR Regime of Origin (ROM)
  8. Businessperson of MERCOSUR:
    1. Antonio Moraes
    2. Safra
    3. João Marinho

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

Market Access - Free Trade Agreements (AI)

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:

  1. Understand the objectives (regional integration, socio-economic development) and organizational structure of MERCOSUR
  2. Analyze the impact of MERCOSUR on the economy and trade among the member countries
  3. Analyze the common external tariff, common classification and rules of origin of MERCOSUR
  4. Evaluate the free movement and intra-MERCOSUR trade
  5. Know MERCOSUR Free Trade Agreements

Online Student Master in International Business

The Subject “MERCOSUR” is included within the curriculum of the following academic programs at EENI Global Business School:

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB AI)

Doctorate in World Trade.

Doctorate in International Business (DIB AI) Online

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 Brazil

  1. Subject Credits “MERCOSUR”: 2 ECTS Credits

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

  1. Free transit of products, services, and factors between the member economies in MERCOSUR
  2. Fixing of a common external tariff and adopting a common Foreign Trade policy
  3. Macroeconomics and sectoral policies coordination of the member States relating to Foreign Trade, agriculture, industry, taxes, monetary system, exchange and capital, Trade in Services, customs, logistics, and communications
  4. Engagement by the members of 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 MERCOSUR and its Party States. The EU is the largest trading partner of MERCOSUR and largest foreign investor in the region.

MERCOSUR Certificate of Origin

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.



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