Since its origins, MERCOSUR has been based on the principles of Democracy and Economic Development, which underpins the core values of a human-faced integration. Aligned with these, different agreements have been added in terms of migratory, labour, cultural, and social matters -just to mention a few, which are of utmost importance for its inhabitants.
These agreements meant the incorporation of the Citizen, Social and Productive Integration dimensions. For this to be achieved, it was necessary to adapt and expand the institution’s structure throughout the region by meeting new demands and deepening the effective participation of the citizenship. Moreover, it had to equip itself with its own financing mechanisms, such as the MERCOSUR Fund for the Structural Convergence (FOCEM), amongst other funds.