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Southern Common Market
Mercado Comum do Sul (Portuguese)
Mercado Común del Sur (Spanish)
Ñemby Ñemuha (Guarani)
Flag of Mercosur.png Seal of Mercosur.png
Motto"Sob a luz do Cruzeiro do Sul" (Portuguese)
"Sob la luz de la Cruz del Sur" (Spanish)
Under the light of the Southern Cross"
Southern cone.png
Administrative centerAsunción
Official languages Portuguese
Spanish
Guarani
Member nations Brazil, Paraguay, Argentina, Chile and Venezuela
Government Intergovernamental organization
 -  President of the Mercosur Juan Carlos Martinelli
(Argentina)
Legislature Southern Council
Establishment
 -  Treaty of Asunción 26 March 1987 
 -  Protocol of Ouro Preto 16 December 1990 
Population
 -  2016 census 275,667,778 
GDP (nominal) 2016 estimate
 -  Total USD 12.90 trillion
  • Brazil
    USD 11.06 trillion
  • Venezuela
    USD 556.13 billion
  • Argentina
    USD 536.15 billion
  • Paraguay
    USD 381.52 billion
  • Chile
    USD 364.09 billion 
 -  Per capita USD 46,785 
Gini (2016) 38,6
medium 
HDI (2016) 0,860
very high 
Currency Brazilian corona (₢)
Paraguayan guarani (₲)
Argentine peso (AR$)
Chilean peso (CLP$)
Venezuelan bolívar (Bs)
Mercosur or Mercosul (Spanish: Mercado Común del Sur, Portuguese: Mercado Comum do Sul, Guarani: Ñemby Ñemuha, Southern Common Market) is a sub-regional bloc formed by the four most developed South American countries (Argentina, Brazil, Paraguay, Chile) and Venezuela.

Its associate countries are Bolivia, Peru and Colombia. Observer countries are New Zealand and Mexico.

eMrcosur's purpose is to promote free trade and the fluid movement of goods, people, and currency through the Southern Cone region. The official languages are Spanish, Portuguese and Guarani. It has been updated, amended, and changed many times since. It is now a full customs union and a trading bloc.

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