Definition of Mercosur in English:

Mercosur

proper noun

  • A customs union between Argentina, Brazil, Paraguay, Uruguay, and Venezuela (since 2006) which came into effect in January 1995. Bolivia and Chile joined as associate members in 1996, with Peru, Columbia, Ecuador, Suriname, and Guyana.

Origin

From elements of South American Spanish mercado común del cono sur ‘Southern Cone Common Market’ or mercado común del sur ‘Southern Common Market’.

Pronunciation

Mercosur

/ˈməːkəʊsuːə//merkoˈsur/