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Declaration of Iguaçu

economic agreement, Argentina-Brazil

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The Declaration of Iguaçu was an economic agreement signed in 1985 between Argentina and Brazil. This declaration established a bilateral commission to foster economic integration between the two nations. It was a foundational step that led to several commercial agreements and, ultimately, the creation of Mercosur in 1991, a South American regional economic organization that also includes Paraguay and Uruguay. The Iguaçu River, near where the declaration was signed, forms part of the border between Argentina, Brazil, and Paraguay.12

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