wat is mercosur
Introduction. Mercosur, the Common Market of the South, is an economic and political agreement among Argentina, Brazil, Paraguay (which is currently suspended), and Uruguay to promote the free movement of goods, services and people among member states.greements among Mercosur members range from debt relief (Brazil and Argentina renegotiated Paraguay's debt) to trade deals. Argentina and Venezuela, for example, signed a host of bilateral agreements in the energy, industrial, agriculture, and health sectors in January 2009.