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SITUATION REPORT

Nov 17, 2008 | 14:19 GMT

Mercosur: Meeting To Address The Global Financial Crisis

South American trade and customs union Mercosur will discuss the global financial crisis in a meeting on Nov. 17, Prensa Latina reported. The president of Mercosur’s Permanent Commission, Carlos Alvarez, called the meeting to examine the impacts of the crisis and discuss potential measures for Mercosur to take in order to impede the financial downturn. Members of Mercosur, the South American economic organization, include Argentina, Brazil, Paraguay, Uruguay, and pending member Venezuela.
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