Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Treaty of Asunción | Statement: [MERCOSUR Secretariat, legalBasis, Treaty of Asunción]

Target entity: Treaty of Asunción
Context triple: [MERCOSUR Secretariat, legalBasis, Treaty of Asunción]

• A. Treaty of Asunción chosen
  The Treaty of Asunción is the 1991 agreement that created the Southern Common Market (MERCOSUR), establishing a regional trade bloc among several South American countries.
• B. Treaty of Montevideo 1980
  The Treaty of Montevideo 1980 is the international agreement that restructured regional economic cooperation in Latin America and established the Latin American Integration Association (ALADI) to promote trade integration among its member countries.
• C. Treaty of Itaipu
  The Treaty of Itaipu is the 1973 bilateral agreement between Brazil and Paraguay that established the terms for constructing and jointly operating the Itaipu hydroelectric dam on the Paraná River.
• D. Treaty of 1872 between Brazil and Paraguay
  The Treaty of 1872 between Brazil and Paraguay was the post–Paraguayan War peace agreement that confirmed Brazil’s territorial gains and formally ended hostilities between the two countries.
• E. Treaty of Petrópolis
  The Treaty of Petrópolis was a 1903 agreement between Brazil and Bolivia that ended the Acre conflict by ceding the Acre region to Brazil in exchange for territorial concessions and financial compensation.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.