Mercosur achievements and challenges

Abstract

THE ARTICLE REVIEWS MERCOSUR, OUTLINING ITS ACHIEVEMENTS AND WEAKNESSES AND INDICATING THAT TO REACH THE FULL POTENTIAL OF THE CUSTOMS UNION, IT IS NECESSARY TO ELIMINATE A SERIES OF OBSTACLES AND IMPERFECTIONS, WHILE AT THE SAME TIME DEEPENING THE PROGRESS ACHIEVED IN ITS TRADE OPENING WITH THE REST OF THE WORLD. IT REVIEWS THE AGREEMENT TO DETERMINE THE EXTENT TO WHICH THE ISSUES LEADING TO THE ESTABLISHMENT OF A COMMON MARKET ARE BEING ADDRESSED.