Mercosur, the trade union between Brazil, Argentina, Paraguay, and Uruguay, has always struggled to reach true integration. Since 1991, when the Asunción Treaty was signed, the bloc has never fully developed into anything remotely resembling the European Union or other trade associations around the world.
Part of the blame for this resides in the fact that its member countries are just too different — both in terms of their size and economic potential, and their actual interests. And in recent years, it looked as if the trade bloc was on the cusp of collapse.
But last week, one notable deal breathed new life into Mercosur.
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This episode used the music “Infados” by Kevin MacLeod and “Lurking” by Silent Partner, from the YouTube Audio Library.
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