Trade negations were a prominent part of international discourse in 2012, and as a result of this, the Mercosur trade agreement between Argentina, Brazil, Paraguay, Uruguay, Venezuela and Bolivia rose to the international stage. Mercosur countries are not only important because of their growth in consumer expenditure, but also because of their rich agricultural and natural resources. Mercosur has also evolved from a trade agreement to more of a European Union style model which is tackling debt relief and negotiations with outside groups. The importance of Mercosur, as it rises to the world stage, cannot be understated.
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