Four South American countries—Argentina, Brazil, Paraguay, and Uruguay—formed MERCOSUR (Southern Common Market) in 1991 to promote regional economic integration and cooperation. The primary goals were to establish a common market, eliminate trade barriers, and foster economic growth through enhanced trade and investment among member nations. By collaborating economically, these countries aimed to strengthen their positions in the global market and improve their overall economic stability. MERCOSUR also sought to promote political dialogue and social cooperation in the region.
Mercosur was created on 1991-03-26.
Mercado Comun del Sur ~ Southern Common Market. Latin American trade organization established in 1991.
The goal of Mercosur, or the Southern Common Market, established in 1991, was to promote economic integration and trade among its member countries in South America, primarily Argentina, Brazil, Paraguay, and Uruguay. By reducing tariffs and fostering free trade, Mercosur aimed to enhance economic cooperation, improve competitiveness, and increase regional stability. Additionally, it sought to create a common market that would facilitate the movement of goods, services, and people among member states. Over time, Mercosur has also focused on political dialogue and social development within the region.
Argentina joined Mercosur (Southern Common Market) on March 26, 1991, when the treaty establishing the bloc was signed. Alongside Brazil, Paraguay, and Uruguay, Argentina played a key role in the formation of this regional trade agreement aimed at promoting economic integration and cooperation among member countries.
Mercosur was set up in March 1991 by Argentina, Brazil, Paraguay and Uruguay under the Treaty of Asuncion. The 1994 Treaty of Ouro Preto gave the body a wider international status and formalised a customs union. Brazil and Argentina are Mercosur's economic giants. Bolivia, Chile, Colombia, Ecuador and Peru are associate members; they can join free-trade agreements but remain outside the bloc's customs union. Moves to include Chile as a full member were suspended after Santiago signed a free-trade deal with the US in 2002. Mercosur tariff policies regulate imports and exports and the bloc can arbitrate in trade disputes among its members. In the longer term, Mercosur aims to create a continent-wide free-trade area, and the creation of a Mercosur development bank has been mooted. from: http://news.bbc.co.uk/2/hi/americas/5195834.stm more info on the above website
American Families - 1991 was released on: USA: 1991
1991 American League Championship Series - 1991 was released on: USA: October 1991
American Detective - 1991 Pilot was released on: USA: 1991
Latvia (1991), Lithuania (1991), Estonia (1991)
The Republic of Columbia was declared their independence from Spain in 1810. They were recognized as a country in 1819 and their current constitution is from 1991.
An American Summer - 1991 is rated/received certificates of: USA:PG
A Child from the South was created in 1991.