Mercosur
Definition
South American trade bloc — Argentina, Brazil, Paraguay, Uruguay, with associate members. Customs union with internal free trade and common external tariffs.
Example
Mercosur's EU trade deal was concluded in principle in 2019.
South American trade bloc — Argentina, Brazil, Paraguay, Uruguay, with associate members. Customs union with internal free trade and common external tariffs.
Mercosur's EU trade deal was concluded in principle in 2019.