page_title: Mercosur
section_title: Free trade zones
hierarchical_section_title: Mercosur / Free trade zones
caption_attribution_description: Français&#160;: Ushuaïa, Province de Terre de Feu (Argentine). English: Ushuaia, Tierra del Fuego Province (Argentina). Español: Ushuaia, Provincia de Tierra del Fuego (Argentina). Italiano: Ushuaia, Provincia di Terra del Fuoco (Argentina).
context_page_description: Mercosur, Mercosul, or Ñemby Ñemuha, officially Southern Common Market, is a South American trade bloc 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. Associate countries are Bolivia, Chile, Colombia, Ecuador, Guyana, Peru and Suriname.
  Mercosur's origins are linked to the discussions for the constitution of a regional economic market for Latin America, which go back to the treaty that established the Latin American Free Trade Association in 1960, which was succeeded by the Latin American Integration Association in the 1980s. At the time, Argentina and Brazil made progress in the matter, signing the Iguaçu Declaration, which established a bilateral commission, which was followed by a series of trade agreements the following year. The Integration, Cooperation and Development Treaty, signed between both countries in 1988, set the goal of establishing a common market, to which other Latin American countries could join.
context_section_description: The member nations can have commercial free-trade zones, industrial free-trade zones, export processing zones, and special customs areas, all of which target providing merchandise marketed or produced in these areas with treatment different from that afforded in their respective customs territories. Uruguay's Vice-President Danilo Astori said the issue of a free trade agreement with the United States must be dealt and that "opportunities must be built".  He also said that "each Mercosur country should have a multiplicity of memberships. Mercosur must have joint international policies, an agreement on moderate protection from third parties and above all must have agreements with other trade blocks".
caption: The Province of Tierra del Fuego in Argentina has a free-trade zone.
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