Protocol of Ouro Preto explained

Protocol of Ouro Preto
Long Name:	Additional Protocol to the Treaty of Asunción on the Institutional Structure of MERCOSUR
Location Signed:	Ouro Preto
Amendment:	Treaty of Asunción
Signatories:	Argentina Brazil Paraguay Uruguay
Languages:	Spanish Portuguese

The 1994 Protocol of Ouro Preto was the continuation of economic policies setting up a customs union, as set forth four years earlier in the Treaty of Asunción by the four original Mercosur states, Argentina, Brazil, Paraguay and Uruguay.^[1] It officially established Mercosur as an international customs union.

Notes and References

1. Alhadeff . Evelina Teubal . September 1995 . Argentina-Brasil-Paraguay-Uruguay: Additional Protocol to the Treaty of Asuncion on the Institutional Structure of Mercosur ("Protocol of Ouro Preto") . International Legal Materials . en . 34 . 5 . 1244–1259 . 10.1017/S0020782900023780 . 0020-7829.