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Mercosur Countries 2024

Uruguay

Uruguay is a small country located on the Atlantic coast of South America. It is known for its beautiful beaches, its laid-back lifestyle, and its friendly people. Uruguay has a relatively small population and a stable economy, with a focus on agriculture and tourism. Uruguay has a strong agricultural sector, with significant production of cash crops. The country is also a major producer of livestock, including cattle and sheep.

In recent years, Uruguay has seen growth in its tourism industry, with a number of new hotels and other tourism infrastructure being built. Despite its small size and relative lack of economic diversity, Uruguay plays an important role in the MERCOSUR. The country is known for its political stability and its strong commitment to democracy and human rights. The importance it plays in the South American trade bloc, despite its relatively weak economic power, provides an interesting case study to show how powerful a country can be if it has the right leadership.

Brazil

Brazil is the largest country in South America, both in terms of land area and population. It is known for its vibrant culture, beautiful beaches, and its lively music and dance scene. Brazil is also a major global player in terms of its economy and its political influence. Brazil has a diverse economy, with significant contributions from agriculture, industry, and services. The country is a major producer of commodities such as soybeans, corn, and coffee, and it is also a leading exporter of manufactured goods, including aircraft and automobiles. It is the only South American country that has Portuguese as one of its primary national languages.

In recent years, Brazil has faced economic challenges, including high levels of public debt and inflation. The country has also faced political turmoil, with a number of corruption scandals involving high-level officials. Despite these challenges, Brazil remains an important member of the MERCOSUR and a key player in the global economy - often considered the leader in many negotiations with the other trade blocs of the world.

Argentina

Argentina is considered one of the southernmost countries in South America. It is known for its natural beauty, including the Andes Mountains, the Pampas grasslands, and the Iguazu Falls. Argentina is also famous for its tango music and dance, and its rich cultural heritage. Like Brazil, Argentina has a diverse economy, with significant contributions to both goods and services. The country is a major producer of similar Brazilian crops such as wheat, corn, and soybeans, and it is also a leading exporter of beef.

In recent years, Argentina has faced economic challenges, including high levels of public debt and inflation. The country has also faced political instability, with a number of changes in government. Despite this, MERCOSUR would not be considered complete by Argentina, as it is a gateway for many tourists that are interested in diverse South American culture. Many visitors are surprised that certain parts of Argentina are close enough to the South Pole that there are various species of penguin available in specific regions.

- In 2014, World Economic Outlook ranked the Southern Common Market (MERCOSUR for its Spanish initials) as the fifth-largest economy in the world.

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Country
Mercosur Status
ArgentinaStates Parties
BoliviaAssociated States - in the process of accession
BrazilStates Parties
ChileAssociated States
ColombiaAssociated States
EcuadorAssociated States
GuyanaAssociated States
ParaguayStates Parties
PeruAssociated States
SurinameAssociated States
UruguayStates Parties
VenezuelaStates Parties - currently suspended
showing: 12 rows