| Sumario: | This article offers an analysis of Mercosur’s role in the construction of a broad security regime in South America. To that end, based on the Copenhagen School, I use a broadened and deepened concept of security in which the political sector gains explanatory relevance. After developing the theoretical discussion on the relationship between regional integration and security, I evaluate how Mercosur and Unasur proceed in the construction of a macro-regime of regional security. This analysis brings us to maintain that the region is not yet on the way to constructing a security community. However, the creation of the Unasur Security Council suggests possible progress in cooperation on strategic matters, opening the way to a new moment in South American regionalism.
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