The financial encyclopedia uses cookies to improve your user experience. Find out more here!



 

 


 

UNASUR
 

 

Union of South American Nations, a regional organization of South American countries modelled on the European Union. Originally founded in 2004 as the South American Community of Nations and renamed in 2007, it includes 12 countries: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela, with Mexico and Panama as observers.

Reference: Oxford Press Dictonary of Economics, 5th edt.