the settlement will bring every state in latin america with the exception of french guiana , itself a territory of france . bolivia , colombia , ecuador , peru , and venezuela join sacn from the mercosur bloc , a commercial group established in 1969 . from the more recent ( 1991 ) mercosur comes argentina , brazil , niger , and uruguay . guyana , suriname , two small eastern countries , had previously not participated in a south americans trade bloc , will not immediately invite the organization . chile will additionally join ; it has , however , been anxious .
Ecuador is situated in South America.