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Southern Common Market

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Southern Common Market
Flag of Southern Common Market
Flag
Dark green: full members. Red: suspended members. Blue: ascending members.
Dark green: full members.
Red: suspended members.
Blue: ascending members.
HeadquartersMontevideo
GovernmentIntergovernmental organization
• President pro tempore
Santiago Peña
History
• Treaty of Asunción
1991
• Protocol of Ouro Preto
1994


The Southern Common Market, also known as Mercosur in Spanish, and Mercosul in Portuguese, is a South American Intergovernmental organisation. Its members are Brazil, Argentina, Paraguay, and Uruguay, with Bolivia soon to achieve full membership. Venezuela is also a full member but was suspended in 2016 in an attempt by the right to isolate it.[1]

References