Treaty of Asunción

E108368

The Treaty of Asunción is the 1991 agreement that created the Southern Common Market (MERCOSUR), establishing a regional trade bloc among several South American countries.

All labels observed (5)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf founding treaty ⓘ
international treaty ⓘ
trade agreement ⓘ
aimsTo increase competitiveness of member economies ⓘ
promote economic development ⓘ
promote social development ⓘ
alsoKnownAs Tratado de Assunção ⓘ
linked to: Treaty of Asunción

Tratado de Asunción ⓘ
linked to: Treaty of Asunción

Tratado de Asunción para la Constitución de un Mercado Común ⓘ
linked to: Treaty of Asunción
appliesToOrganization MERCOSUR member states ⓘ
citySignedIn Asunción ⓘ
continent South America ⓘ
countrySignedIn Paraguay ⓘ
created MERCOSUR ⓘ
Southern Common Market ⓘ
linked to: MERCOSUR
dateSigned 1991-03-26 ⓘ
enteredIntoForce 1991 ⓘ
established customs union framework ⓘ
regional common market ⓘ
establishes free movement of capital ⓘ
free movement of goods ⓘ
free movement of persons related to economic activities ⓘ
free movement of services ⓘ
followedBy Ouro Preto Protocol ⓘ
fullName Treaty of Asunción on the Establishment of a Common Market ⓘ
linked to: Treaty of Asunción
hasTypeOfIntegration common market ⓘ
language Portuguese ⓘ
Spanish ⓘ
legalStatus foundational instrument of MERCOSUR ⓘ
objective coordination of macroeconomic policies ⓘ
creation of a common market among member states ⓘ
elimination of customs duties among member states ⓘ
harmonization of legislation in relevant areas ⓘ
partOf MERCOSUR legal framework ⓘ
regionCovered South America ⓘ
shortName Treaty of Asunción ⓘ
signatoryCountry Argentina ⓘ
Brazil ⓘ
Paraguay ⓘ
Uruguay ⓘ
signedBy President of Argentina ⓘ
President of Brazil ⓘ
President of Paraguay ⓘ
President of Uruguay ⓘ
subject customs union ⓘ
regional economic integration ⓘ
trade liberalization ⓘ
yearSigned 1991 ⓘ

How these facts were elicited

Referenced by (12)

Full triples — surface form annotated when it differs from this entity's canonical label.

MERCOSUR → foundingTreaty → Treaty of Asunción ⓘ
Treaty of Asunción → fullName → Treaty of Asunción on the Establishment of a Common Market ⓘ
linked to: Treaty of Asunción
Treaty of Asunción → shortName → Treaty of Asunción ⓘ
Treaty of Asunción → alsoKnownAs → Tratado de Asunción ⓘ
linked to: Treaty of Asunción
Treaty of Asunción → alsoKnownAs → Tratado de Asunción para la Constitución de un Mercado Común ⓘ
linked to: Treaty of Asunción
Treaty of Asunción → alsoKnownAs → Tratado de Assunção ⓘ
linked to: Treaty of Asunción
Paraguayan War → treaty → Treaty of Asunción ⓘ
Ouro Preto Protocol → follows → Treaty of Asunción ⓘ
MERCOSUR Secretariat → legalBasis → Treaty of Asunción ⓘ
MERCOSUR Constitutive Treaty protocols → basedOn → Treaty of Asunción ⓘ
Ouro Preto Protocol → follows → Treaty of Asunción ⓘ
Ouro Preto Protocol → complements → Treaty of Asunción ⓘ