Upon completing 30 years, the Mercosur bloc is experiencing its most acute crisis and eventual setbacks in integration are not ruled out
Over the past few decades, Mercosur has been synonymous with crisis. The reasons varied. Some lay in the automotive sector trade within the bloc, others in the imports from outside the Southern Cone and others in political issues. What is certain is that there was almost always confusion. On the eve of Mercosur's 30th anniversary, an article by Professor Andrea Hoffmann, from the Institute of International Relations of the Pontifical Catholic University of Rio de Janeiro (IRI/PUC-Rio), summarizes the general feeling, arguing that the current crisis is unprecedented. The essence of the Treaty of Asunción, signed by the Former Presidents Fernando Collor (Brazil), Carlos Menem (Argentina), Luis Lacalle (Uruguay) and Andrés Rodríguez (Paraguay), is under debate. These four countries are stronger together than apart.
Only available in Portuguese.
