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MERCOSURAbdukhamedova Azizakhon
Southern common market
Members of MERCOSUR
Headquarters
Montevideo
Largest cities
São Paulo Buenos Aires Rio de Janeiro Caracas
Membership 5 members[show]5 associated[show]2 observers[show]
Leaders
- President Pro Tempore Dilma
RousseffBrazil[2]
Population
- 2014 estimate 254 902 636[3] (4thb)
- Density 16/km2 (206thb)41/sq mi
GDP (PPP) 2014 estimate
- Total US$8.563 trillions[3](3thb)
- Per capita US$33,596 (22ndb)
• Mercosur or Mercosul (Spanish: Mercado Común del Sur, Portuguese: Mercado Comum do Sul, Guarani: Ñemby Ñemuha,Southern Common Market) is a sub-regional bloc comprising Argentina, Brazil, Paraguay, Uruguay and Venezuela. Its associate countries are Chile, Bolivia, Colombia, Ecuador and Peru. Observer countries are New Zealand and Mexico.[6][7]
• Its purpose is to promote free trade and the fluid movement of goods, people, and currency. The official languages are Spanish, Portuguese and Guaraní.[8] It has been updated, amended, and changed many times since. It is now a full customs union and atrading bloc. Mercosur and the Andean Community of Nations are customs unions that are components of a continuing process of South American integration connected to the Union of South American Nations.
Mercosur is composed of 5 sovereign member states: Argentina; Brazil; Paraguay; Uruguay; and Venezuela.
Iguazu Falls on the border between Argentina and Brazil is an area with subtropical climate and are one of the New Seven World Natural Wonders.
Country
Population in
2011[3] (In
thousands)
GDP (nominal) in
2011[3](USD millions)
GDP (nominal) per
capita[
3]
GDP (PPP)
in 2011(U
SD million
s)
GDP
(PPP) per capita
Merchandise
exports ($
billions), 2011[22]
Merchandise
imports ($
billions), 2011[22]
Exports to
Mercosur
(% of each,
2010)[2
0]
Imports
from Merco
sur (% of each,
2010)[2
0]
Argentina 40,900 447,644 10,945 716,419 17,516 84.3 73.9 25.2 33.6
Brazil 194,933 2,492,908 12,789 2,294,203 11,769 250.8 219.6 11.1 8.9
Paraguay 6,530 21,236 3,252 35,346 5,413 9.8 12.1 29.0 42.0
Uruguay 3,369 46,872 13,914 50,908 15,113 8.0 10.7 33.8 48.8
Venezuela
29,767 315,841 10,610 374,111 12,568 92.6 46.4 2.4 18.0
Total 275,499 3,324,501 12,067 3,471,027 12,599 445.5 362.7 13.2 16.8
Mercosur's ceremony, and the flags of Argentina, Brazil, Paraguay, Uruguay, and Venezuela.
Headquarters of Mercosur, in the city of Montevideo, Uruguay.