Food trade is integral to social and economic development in most countries of Latin America and the Caribbean. The various trade agreements that have been established in the region involve the liberalization of food trade, In 1991, Argentina, Brazil, Paraguay and Uruguay signed the Treaty of Asuncion, in which they agreed to establish the Southern Common Market (MERCOSUR), This market represents two-thirds of Latin America's total external trade, with a gross product of 448000 million dollars.
Food trade is integral to social and economic development in most countries of Latin America and the Caribbean. The various trade agreements that have been established in the region involve the liberalization of food trade, In 1991, Argentina, Brazil, Paraguay and Uruguay signed the Treaty of Asuncion, in which they agreed to establish the Southern Common Market (MERCOSUR), This market represents two-thirds of Latin America's total external trade, with a gross product of 448000 million dollars.
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