Latin American Common Market

Marché commun latinoaméricain
Mercado Común Latinoamericano

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Contact Details

URL: http://www.aladi.org/

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Founded

1965-01-06

History

6 Jan 1965, by Eduardo Frei, President of the Republic of Chile, and publicized by F-XF1069 - Inter-American Development Bank (IDB). Summit Meeting, Apr 1967, Punta del Este (Uruguay), agreed that a wider Latin American Common Market be established by 1985 through merger of the then H-XH0151 - Latin American Free Trade Association (LAFTA) - currently, since 12 Aug 1980, Montevideo (Uruguay), D-XD2879 - Latin American Integration Association (LAIA) - and the 'Central American Common Market (CACM)'. A Coordinating Commission was set up in Aug 1967, Asunción (Paraguay), to devise methods for combining both organizations. The CACM collapsed in 1969, but a new F-XF6292 - Central American Common Market (CACM) was proposed in 1991. F-XF4530 - Sistema Económico Latinoamericano (SELA), set up 18 Oct 1975, Panama, reinforces regional cooperation.

Events

1 past events available with paid subscription only.

Relations with Inter-Governmental Organizations

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Type I Classification

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Type II Classification

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Subjects *

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UIA Org ID

XF6244

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** UN SDGs are linked to the subject classification.

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