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The State of Israel and The Argentine Republic, The Federative Republic of Brazil, The Republic of Paraguay, and the Oriental Republic of Uruguay (Member States of MERCOSUR) have established the Common Market of the South between the Argentine Republic, the Federative Republic of Brazil, the Republic of Paraguay and the Oriental Republic of Uruguay ("MERCOSUR"). The State of Israel has signed the Framework Agreement with MERCOSUR on December 8, 2005.
The State of Israel and MERCOSUR share common values and emphasize the importance of the existing economic links between them. The Partner States desire to strengthen their economic relations and to promote economic cooperation, in particular for the development of trade and investments as well as technological cooperation. In addition, the Treaty seeks to create an expanded and secure market for their goods; establish clear, predictable and lasting rules governing their trade; and promote the development of their trade with due regard to fair conditions of competition.
Please find below PDF versions of the MERCOSUR Treaty text and annexes.
MERCOSUR Treaty
Annex 1
Annex 2
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Legislation 
