Latin American Free Trade Association (LAFTA)

Association latinoaméricaine de libre échange (ALALE)
Asociación Latinoamericana de Libre Comercio (ALALC)
Associação Latinoamericana de Livre Comércio (ALALC)

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History

2 June 1961, Montevideo (Uruguay), on coming into force of the 1st Montevideo Treaty, signed 18 Feb 1960, preliminary conferences having been held in 1958 and 1959, under the auspices of the United Nations Economic Commission for Latin America (ECLA), currently United Nations Economic Commission for Latin America and the Caribbean (ECLAC). Protocol amended in 1973, Caracas (Venezuela). Replaced, 18 Mar 1981, on entry into force of Montevideo Treaty 1980, signed 12 Aug 1980 by the Ministers of Foreign Affairs of the 11 LAFTA countries, establishing the Latin American Integration Association (LAIA). Instrumental in setting up or progressing the setting up of: Andean Community, through Andean Subregional Integration Agreement (Cartagena Agreement); Latin American Common Market. LAFTA has been superseded, expanded and continued, since 12 Aug 1980, by LAIA. Instrumental in setting up: Associação Latinoamericana da Indústria Elétrica e Eletrônica (ALAINEE); Latin American Industrialists Association (AILA).

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Members

Members in 0 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Commerce
    • Conditions of Trade
  • Government
    • Intergovernmental Communities

UN Sustainable Development Goals **

GOAL 10: Reduced Inequality

UIA Org ID

H0151

* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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