Prime Minister Mark Phillips has reiterated Guyana’s commitment to regional integration and to MERCOSUR objectives of advancing the possibilities for business, investment and expanding commercial relations, a release from the Department of Public Information (DPI) yesterday stated.
This statement formed part of the Prime Minis-ter’s remarks made at the 62nd Summit of Heads of State of MERCOSUR and Associated States, which was held in Puerto Iguazu, Misiones Province, Argen-tina yesterday.
The Southern Common Market, commonly known by Spanish abbreviation MERCOSUR, is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994. Its full members are Argentina, Brazil, Para-guay and Uruguay. Vene-zuela is a full member but has been suspended since 1 December 2016. Associate countries are Bolivia, Chile, Colombia, Ecuador, Guyana, Peru, and Suriname.
