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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Founded

1961-06-02 Montevideo Uruguay

History

Established on coming into force of the 1st T-XT6069 - 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 E-XE4175 - 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 T-XT8069 - Montevideo Treaty 1980, signed 12 Aug 1980 by the Ministers of Foreign Affairs of the 11 LAFTA countries, establishing the D-XD2879 - Latin American Integration Association (LAIA).

Instrumental in setting up or progressing the setting up of: F-XD0055 - Andean Community, through T-XT6969 - Andean Subregional Integration Agreement (Cartagena Agreement); U-XF6244 - Latin American Common Market. Instrumental in setting up: D-XD4704 - Asociación Latinoamericana de la Industria Eléctrica, Electrónica y de Gasodomésticos (ALAINEE); D-XD7129 - Latin American Industrialists Association.

LAFTA has been superseded, expanded and continued, since 12 Aug 1980, by LAIA.

Type I Classification

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Type II Classification

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Subjects *

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UN Sustainable Development Goals **

GOAL 10: Reduced Inequality

UIA Org ID

XH0151

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

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