EU ploughs Euro48 million into Mercosur integration:
This article was originally published in Clinica
The European Commission has adopted a regional programme to support Mercosur integration and the development of bilateral relations. E48m ($47.4m) has been allocated under the Regional Indicative Programme for 2002-06 to support the completion of the Mercosur internal market, to develop this process at institutional level, such as through the creation of common sectoral policies, and to promote social development, such as in healthcare. Mercosur, with a population of over 210 million, is the world's fourth-largest economic group, with a GDP of $1,100bn.