Mercosur

British  

/ ˈmɜːkəˌsə /

noun

1. a trading block composed of Argentina, Brazil, Paraguay, Uruguay, and Venezuela, with associate members Bolivia, Chile, Colombia, Ecuador, and Peru; superceded in 2008 by the Union of South American Nations (Unasur or Unasul), by uniting with the Andean Community

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Etymology

Origin of Mercosur

C20: from Spanish Mercado Común del Cono Sur common market of the southern cone

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Example Sentences

See Examples For:

Mercosur

The EU has signed a deal with South America, the Mercosur deal, which gives access to EU car exporters to Brazil, the world's sixth biggest market, at zero tariffs, versus 35% for the UK.

From BBC ● Jun. 23, 2026

To mark the day, EU chiefs von der Leyen and Antonio Costa will hold online talks with leaders from the Mercosur nations, which include Argentina and Brazil.

From Barron's ● May 1, 2026

A trade deal with the four South American countries that founded the Mercosur customs union is expected to start taking effect in the EU this spring.

From The Wall Street Journal ● Mar. 24, 2026

The fact that Mercosur and then the EU-India agreements were finally concluded—again, I think that’s tribute to the pressure under which Europe is.

From The Wall Street Journal ● Feb. 21, 2026

In 1996, Chile became an associate member of Mercosur and concluded a free trade agreement with Canada.

From The 1999 CIA World Factbook by United States. Central Intelligence Agency

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