On June 24, 2011, Ed Fast, Minister of International Trade, announced that Canada and MERCOSUR were moving forward with exploratory discussions to enhance their trade relationship. MERCOSUR, also known as the Southern Cone Common Market, is a customs union established by Argentina, Brazil, Paraguay and Uruguay in 1991. In 2012, bilateral merchandise trade between Canada and MERCOSUR reached nearly $10.2 billion, representing an increase of 33.9% since 2006.
For more information, please see background information of the Canada-MERCOSUR exploratory trade discussions.
The Government of Canada welcomes comments and advice regarding how Canada and MERCOSUR could enhance its trading relationship, including any priorities, objectives and/or concerns relating to trade and investment with MERCOSUR (see Canada Gazette: Consultations on Options to Enhance Trade With MERCOSUR). All interested parties are invited to submit their views.
If you have questions or comments about this initiative, we would like to hear from you. Please contact Foreign Affairs & International Trade Canada at:
Trade Policy and Negotiations I Division (TPE)
Foreign Affairs and International Trade Canada
Lester B. Pearson Building
125 Sussex Drive
Ottawa, Ontario, K1A 0G2