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Mercosur: Reyhan Yerlikaya Nur Eylül Buse Çoban

MERCOSUR is an economic and political bloc between Argentina, Brazil, Paraguay, and Uruguay with the goal of promoting free movement of goods, services, and people. It was established in 1991 by the Asuncion Treaty. The bloc has expanded to include Venezuela and has associated member states like Chile, Bolivia, Colombia, and Peru. Key organs of MERCOSUR include the Common Market Council, Common Market Group, and the Secretariat. Issues facing MERCOSUR include the complexity of South American bureaucracy, slow economic integration, and obstacles to the integration process.
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0% found this document useful (0 votes)
47 views17 pages

Mercosur: Reyhan Yerlikaya Nur Eylül Buse Çoban

MERCOSUR is an economic and political bloc between Argentina, Brazil, Paraguay, and Uruguay with the goal of promoting free movement of goods, services, and people. It was established in 1991 by the Asuncion Treaty. The bloc has expanded to include Venezuela and has associated member states like Chile, Bolivia, Colombia, and Peru. Key organs of MERCOSUR include the Common Market Council, Common Market Group, and the Secretariat. Issues facing MERCOSUR include the complexity of South American bureaucracy, slow economic integration, and obstacles to the integration process.
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MERCOSUR

REYHAN YERLİKAYA
NUR EYLÜL BUSE ÇOBAN
OUTLINE

 Definition of MERCOSUR or MERCOSUL and Member States


 History and Development
Structures and Organs
• Common Market Council
• Common Market Group
• The Administrative Office
• Joint Parliamentary Committee
• Trade Commission
• Secretariat
• Permanent Court of Arbitration
Issues
• Agglomeration Effect
• Solving Efforts about Member States' Domestic Economic Issues with Tools of
International Trade
• Plans about the South America
• Complexity of the South America Bureaucracy and Disarrangement of Law
Implementation
• Slowness in Process of MERCOSUR's Economic Integration
• Obstacles in Integration Process
Relation with Countries
• Turkey
• EU
• China
• USA
• Russia
MERCOSUR or MERCOSUL

It is named as the Common Market of the South America.

It is an ambitious economic and political integration project which


includes the founding members among Argentina, Brazil, Paraguay and
Uruguay to promote the free movement of goods, services and people
among member states.

Its official centre is in Montevideo,Uruguay

Its official languages are Spanish and Portuguese.

It was established in 1991 with the Asuncion Agreement between


presidents of Argentina, Brazil, Paraguay and Uruguay.
MERCOSUR has 5 main
members, 5 associated members and
observers.

While these main countries are


Argentina, Brazil, Paraguay, Uruguay
and Venezuela; Chile, Bolivia,
Colombia, Ecuador, and Peru are
associated countries and also, New
Zealand and Mexico are observer
members.
HISTORY and DEVELOPMENT
After 1960, Argentina, Brazil, Paraguay, Uruguay, Mexico, Chile and Peru signed
the Montevideo Agreement and they established Latin American Free Trade
Association (ALALC).

In 1980, they resigned second Montevideo Treaty and the ALALC was
transformed Latin American Integration Association (ALADI).

Towards the end of the 20th century, bilateral trade agreements proliferated
among future MERCOSUR members.

 In 1991, with these bilateral agreements were signed the Asuncion Treaty and
they established MERCOSUR as Southern Common Market.

After the following years, Ouro Preto Protocol was signed to constitute
institutional infrastructure.

After 1995, MERCOSUR tried to liberate its economic policies in terms of taxes
and tariffs. It started free movement of service and production factors with EU and
the USA .
In 2002, member states signed the Olibos Protocol.

In 2004, as regards the Asuncion Treaty, they established Permanent Court of
Arbitration(TPR).

In 2005, Structural Adjustment Fund was built and Joint Parliamentary
Community was replaced in Montevideo, Uruguay.

In 2007, Social Institute (ISM)

In 2009, Tourism Promotion Fund and Human Rights Institution

In 2010, Institutional Analysis of the High Level Meeting (RANAIM)

In 2012, full membership for Venezuela became effective.

In 2013, Paraguay has objected to Venezuela's inclusion in the trading bloc in
2013.

By 2014, the MERCOSUR Parliament is elected by universal, direct ballot and
have some legislative powers binding the group.
AIMS and PRINCIPLES

MERCOSUR basically aims to liberate South America regional economy and to


strengthen democracy over member states.
• economically development
• promoting numbers of common projects and quantity foreign investment
• providing to guarantee democracy in member state.
• strictly cooperation on cultural and political fields
• political quality
• increasing negotiation power against EU and the USA
• strengthening process of integration based on implementation of organization rules
• providing coordination of macroeconomic and industry-specific policies for free
competition among countries
• creating tariffs and taxes for international trade
• organizing regional and international trade and economic meetings
• promoting free movement of goods and services among member states
STRUCTURES and ORGANS

• Common Market Council

• Common Market Group

• The Administrative Office

• Joint Parliamentary Committee

• Trade Commission

• Secretariat

• Permanent Court of Arbitration


ISSUES

Agglomeration Effect

Solving Efforts about Member States' Domestic Economic Issues with


Tools of International Trade

Plans about the South America

Complexity of the South America Bureaucracy and Disarrangement of


Law Implementation

Slowness in Process of MERCOSUR's Economic Integration

Obstacles in Integration Process


TURKEY
EUROPEAN UNION
CHINA
THE UNITED STATE OF AMERICA
RUSSIA
CONCLUSION

MERCOSUR is the best integration among


other South American organizations. In virtue of
participation of Venezuela, the Southern Common
Market became the third place in all over the world
markets (firstly NAFTA, Secondly EU).
It has been known as efficiently common
market enterprise. As a result, despite the USA
pressures on MERCOSUR economy, it has clearly
continued and maintained its integration.
THANK FOR
LISTENING…
BIBLIOGRAPHY
http://ec.europa.eu/trade/policy/countries-and-regions/regions/mercosur/

http://en.mercopress.com/about-mercosur

http://www.inform.kz/eng/article/2647853

http://politikaakademisi.org/mercosur/

http://www.pulsamerica.co.uk/2012/12/13/chinalatin-america-mercosur-
seeks-to-intensify-economic-ties-with-china/

http://www.mfa.gov.tr/mercosur.en.mfa

http://www.mercosur.int

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