The MERCOSUR set up a Structural Fund
Author: AIVPOn sale date: Wednesday, 10 August 2005Type of document: NewsTopic: 2 - PORT CITY AND ECONOMYLocation: Language: English, French, SpanishOn 18 and 19 June, the Heads of Government of the four MERCOSUR member states – Argentina, Brazil, Paraguay and Uruguay – decided to create a Structural Convergence Fund. The FOCEM (Fondo para la Convergencia Estructural del MERCOSUR) will work in a similar way to the EU Structural Funds.The original allocation is 100 million american dollars.More information
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