Mercosur

British

/ ˈmɜːkəˌsə /

noun

a trading block composed of Argentina, Brazil, Paraguay, Uruguay, and Venezuela, with associate members Bolivia, Chile, Colombia, Ecuador, and Peru; superceded in 2008 by the Union of South American Nations (Unasur or Unasul), by uniting with the Andean Community

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of Mercosur

C20: from Spanish Mercado Común del Cono Sur common market of the southern cone

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The deal will provisionally apply to the Mercosur countries that have ratified it, Gill told reporters, adding the commission anticipated remaining members Brazil and Paraguay would do so "soon".

From Barron's

The deal with four of the Mercosur customs union founders Argentina, Brazil, Paraguay and Uruguay will be applied on a provisional basis, said European Commission President Ursula von der Leyen, head of the EU’s executive arm.

From The Wall Street Journal

The deal between the EU and the four founding members of the Mercosur bloc -- Argentina, Brazil, Paraguay and Uruguay -- was a quarter century in the making.

From Barron's

The fact that Mercosur and then the EU-India agreements were finally concluded—again, I think that’s tribute to the pressure under which Europe is.

From The Wall Street Journal

After more than 25 years of negotiation, several Latin American nations recently signed the landmark Mercosur trade deal with the European Union.

From The Wall Street Journal

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023