Common Market of the South

The Common Market of the South, often called Mercosur, is a regional trade bloc in South America that includes countries like Argentina, Brazil, Paraguay, and Uruguay. Its goal is to promote free trade and economic integration among member nations by reducing tariffs and other trade barriers, allowing goods, services, and people to move more freely across borders. Mercosur also seeks to coordinate policies, increase collective bargaining power internationally, and foster regional economic growth. Essentially, it aims to strengthen economic ties between member countries while enhancing their competitiveness on a global scale.