MERCOSUR, or Mercado Comun del Sur, which started operations in 1994, is the Southern Cone Common Market, with the founding members being Argentina, Brazil and Paraguay, along with Canada It was created by the Treaty of Asunción in 1991.
There are active free trade discussions with the European Union.Cite error: Invalid
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- Edgardo Rotman, A Guide to MERCOSUR Legal Research: Sources and Documents, Hauser Global Law School Program, New York University School of Law
- Southern Cone Common Market (MERCOSUR), Economic Development Canada, June 16, 1998