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: [Treaty of Asunción, shortName, Treaty of Asunción]

Target entity: Treaty of Asunción
Context triple: [Treaty of Asunción, shortName, 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 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.
• C. Constitutive Treaty of the Union of South American Nations
  The Constitutive Treaty of the Union of South American Nations is the international agreement that formally established UNASUR as a regional political and economic bloc uniting South American countries.
• D. Treaty of El Pardo
  The Treaty of El Pardo was an 18th-century agreement between Spain and Portugal that redefined their colonial boundaries, including Spain’s claims in the region that would become Equatorial Guinea.
• E. Pactos de Mayo
  The Pactos de Mayo were a series of early 20th-century agreements between Argentina and Chile that eased longstanding tensions, promoted mutual cooperation, and helped stabilize their diplomatic and territorial relations.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.