What are the goals of Mercosur?

The goals of Mercosur, also known as the Southern Common Market, are as follows:

1. Promote regional integration: Mercosur aims to deepen economic integration among its member countries, which currently include Argentina, Brazil, Paraguay, and Uruguay. The organization seeks to eliminate trade barriers, harmonize regulations, and facilitate the movement of goods, services, and capital within the region.

2. Enhance economic development: Mercosur aims to foster economic growth and development among its member countries. By promoting trade and investment within the region, the organization seeks to create new business opportunities, attract foreign direct investment, and stimulate economic activity.

3. Strengthen political cooperation: In addition to economic integration, Mercosur also seeks to enhance political cooperation among its member countries. The organization aims to promote dialogue, cooperation, and coordination on various political and social issues, including human rights, democracy, and regional security.

4. Increase regional competitiveness: Mercosur aims to improve the competitiveness of its member countries in the global market. By working together, the organization seeks to enhance the productivity, efficiency, and innovation of industries within the region, making them more competitive internationally.

5. Foster social development and reduce inequalities: Mercosur aims to promote social development and reduce inequalities among its member countries. The organization seeks to address social issues such as poverty, unemployment, and income disparities through various initiatives and policies, including social programs and inclusive growth strategies.

Overall, the goals of Mercosur revolve around promoting regional integration, enhancing economic development, strengthening political cooperation, increasing regional competitiveness, and fostering social development and equality among its member countries.