TNPSC Thervupettagam

Bolivia in Mercosur

August 5 , 2024 110 days 214 0
  • Bolivia recently became a full member of Mercosur.
  • The Southern Common Market is commonly known by Spanish abbreviation Mercosur, and Portuguese Mercosul.
  • This South American trade bloc was established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994.
  • Its full members are Argentina, Brazil, Paraguay and Uruguay.
  • Venezuela is a full member but has been suspended since 1 December 2016.
  • Its associate countries are, Chile, Colombia, Ecuador, Guyana, Peru, and Suriname.

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