Sistema Económico Latinoamericano (SELA)

Système économique latinoaméricain
Latin American Economic System
Sistema Econômico Latino-Americano

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17 Oct 1975, Panama, through the Panama Convention -- Convenio Constitutivo de Panama, as successor to Special Committee for Latin American Coordination (CECLA). Statutes registered in 'UNTS/1 21295'.


Promote a consultation and coordination system for the consensus on joint positions and common strategies for the Latin American and Caribbean region on economic issues vis-à-vis countries, groups of countries, international fora and organizations.

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Main work areas (3):

'Extra-Regional Relations' - study of Latin American and Caribbean insertion in the world economy's globalization process and long-term development scenarios; follow-up of extra-regional economic relations, fundamentally the evolution of negotiations for the FTAA and relations between the USA and Latin America and Caribbean, implications of the EU/LA Summit on the region and progress made in the EU's expansion process and relations between Latin America/Caribbean and the Asia Pacific; analysis of specific issues on the international economic agenda, such as negotiations on agriculture and trade in services currently under way in the WTO and development financing and external debt of the region.

'Intra-Regional Relations': exchange of experiences relating to the evolution of integration processes and agreements among countries of the region, including the issue of intra-regional investments and the study of specific issues concerning articulation and convergence of regional processes; fostering of dialogue and information dissemination on national experiences relating to economic and social policies of significance for the region.

'Regional Cooperation': promotion and facilitation of activities for Technical Cooperation Among Developing Countries (TCDC) and training of human resources relating to international and regional trade negotiations, especially those involving government officials in charge of the WTO and FTAA negotiations and, in case of the CARIFORUM countries, of the preparation of post-Lomé negotiations; joint execution of programmes with the International Cooperation Agency of Spain in favor of the countries of the Caribbean and support to the Rio Group and the 1999 Iberian-American Summit; organization of meetings; coordination of actions in support of countries affected by natural disasters.

Organizes fora with the participation of government and private sector representatives and organizes meetings of experts on specific issues of the regional and global economic agenda. Develops seminars, courses and workshops on issues of economic interest for the Latin American and Caribbean region, addressing the needs of government officials, business people, workers, parliamentarians and academicians.


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English, French, Portuguese, Spanish.


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Relations with Inter-Governmental Organizations

Relations with 65 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 20 non-governmental organizations.
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Members in 28 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Government
    • Intergovernmental Communities
  • Economics
    • Economics

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic Growth



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

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