Mercosur

MERCOSUR

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  • Signature of the Tripartite agreement

    Signature of the Tripartite agreement
    Signature of the Tripartite agreement between Argentina, Brazil and Paraguay.

  • First informal talks about integration

    First informal talks about integration between Argentina and Brazil.

  • Argentina and Brazil commit to integration.

    Presidents Alfonsin (Argentina) and Sarney (Brazil) commit their respective countries to integration. A joint Declaration on Nuclear Cooperation is also issued.

  • Alfonsin and Sarney sign the programma PICE

    Presidents Alfonsin and Sarney sign the Programma de Integracion y Cooperation Economica (PICE) establishing economic integration between Argentina and Brazil. The original program comprised 12 sectoral protocols, increased to 24 in subsequent summits.

  • Argentina and Brazil sign Treaty

    Signature of the Treaty of Integration, Cooperation and Development between Argentina and Brazil. The treaty establishes a common economic space and introduces the concept of common market as an aspiration for the future.

  • Signature of the Buenos Aires Act

    Signature of the Buenos Aires Act that provides for the establishment of a bilateral common market by December 1994. A diplomatic campaign to attract new members to the future common market starts. Negotiations proceed now on to two parallel tracks: bilateral and multilateral.

  • The Treat of Asunción

    The Treat of Asunción, establishing a common market between Argentina, Brazil, Paraguay, and Uruguay, is signed.

  • Protocol of Ouro Preto

    Protocol of Ouro Preto, amending the Treaty of Asunción from a Free Trade Area to a Customs Union.
    Formalised a custom union between Mercosur members, but included provisions protecting sensitive industries within member states

  • FTA with Chile

  • Interregional Framework C.A with the EU

    Mercosur signs an Inter-regional Framework Co-operation Agreement with the European Union, formalising dialogues between the two bodies. It comes into effect in 1999.

  • Chile joins Mercosur as an associate member

    Frustrated in its attempts to join NAFTA, Chile joins Mercosur as an associate member.

  • Bolivia joins as an associate member

  • Talks with the EU over further cooperation

    Talks between Mercosur and the European Union are held in Rio de Janiero, Brazil. Both parties pledge further cooperation between the two regions.

  • Zone of Peace

    MERCOSUR, Bolivia and, Chile are declared as a Zone of Peace and free of weapons of mass destruction

  • Peru and Mercosur FTA

    Brazil and Peru’s presidents sign a free-trade agreement between Peru and Mercosur. Peru joins as an associate member.

  • Venezuela joins as an associate member

    Venezuela joins Mercosur as an associate member, paving the way for it to become a de-facto full member two years' later. Additionally, NAFTA's Mexico gains observer status.

  • Colombia and Ecuador become associate members

    Mercosur signs a cooperation agreement with the Andean Community of Nations. As a result, Colombia and Ecuador are brought in the fold as Mercosur associate members, joining their fellow Andean Community members, Bolivia and Peru.

  • Inauguration of the Mercosur Parliament

    The Mercosur Parliament PARLASUR is inaugurated following an agreement in 2004 ordering its creation. It is based in Montevideo, Uruguay. Arlindo Chinaglia is it president.

  • Paraguay suspension

    Paraguay is suspended from Mercosur in response to the impeachment of a senator for "dereliction of presidential duties". Mercosur interpreted this as a congressional coup and sactioned Paraguay until fresh elections were held.

  • Venezuela into the Mercosur trade bloc

    Venezuela is officially welcomed into the Mercosur trade bloc as Brazilian President Dilma Rousseff hosted Argentina's President Cristina Fernandez and Uruguay's Jose Mujica along with Chavez for the one-day Mercosur meeting in Brasilia.

  • Lift of Paraguay's suspension

    The president's of the Mercosur countries lifts Paraguay's suspension after the inauguration of Paraguay's new president in August.

  • Sign of Adhetion of Bolivia

    Bolivia was already accepted and is in the process of incorporation by the congress of the part states

  • Mercosur Parliament elections

    After this date, the Mercosur Parliament will transition to representatives being appointed via simultaneous elections across member states. The exact date for the first election is yet to be determined.

  • Venezuela is accepted as a member

    Venezuela is accepted as a member of Mercosur, but waiting on recognition of full membership from Paraguayan parliament.

  • Suspention of Venezuela