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Latin American Integration Association

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Chapter Summary

The current membership of Latin American Free Trade Area (ALADI) consists of Argentina, Bolivia, Brazil, Chile, Colombia, Cuba, Ecuador, Mexico, Paraguay, Peru, Uruguay, and Venezuela. ALADIs institutional framework consists of: (1) the Council of Ministers of Foreign Affairs, (2) the Evaluation and Convergence Conference, (3) the Committee of Representatives, and (4) the Secretariat. The general rules for the use of safeguard measures within the ALADI context are found in ALADI Resolution 70. Article 25 of the Treaty of Montevideo of 1980 encourages ALADI countries to enter into trade agreements with non-member states (including economic blocs) in Central America and the Caribbean (including Guyana and Suriname in northern South America). The main focus of the 1991 Argentine-Chilean ALADI agreement was, however, to encourage the private sector in each country to invest in the other and to promote infrastructural integration between the two neighbors.

Keywords: infrastructural integration; Latin American Free Trade Area (ALADI); trade agreements

10.1163/ej.9789004164888.i-490.16
/content/books/10.1163/ej.9789004164888.i-490.16
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