Andean Community of Nations

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Andean Community of Nations

n
(Economics) a trading block composed of Bolivia, Ecuador, Columbia, and Peru, with associate members Argentina, Brasil, Chile, Paraguay, and Uruguay
References in periodicals archive ?
It is the leading loyalty program in Central America and the Andean Pact region of South America, and the frequent-flyer program of Avianca, a Star Alliance member, headquartered in Colombia, which serves some 105 destinations in 28 countries.
In 1973, the then European Economic Community (EEC) signed the bilateral First Generation Agreements with Andean Pact countries.
Colombia had initiated the first when the first round of negotiations on the free trade Agreement held on May 18, 2004 in the Colombian city Cartagena de Indias - the city where was signed also the Cartagena treaty establishing the Andean Pact.
The Cartagena Agreement, signed by Bolivia, Chile, Colombia, Ecuador, and Peru in 1969, formed the so-called Andean Pact, which Venezuela joined in 1973.
Most interviewees claimed that these consensus were strong during the t990s and allowed for significant advances of regional integration and the relaunching of the Andean Pact in the form of the AC in 1996, but were broken with the arrival to power of the left-wing oriented governments of Hugo Chavez (Venezuela), Evo Morales (Bolivia), and Rafael Correa (Ecuador), which implied a breaking-off of Andean identity that persists nowadays (Ct, C2, C3, C6, C7, Et, E2, E3, E4, E6, P4, A5, and Att).
The Andean Pact, now CAN, emerged as subregional protectionism in response to the unsuccessful attempt of the Latin American Free Trade Association to form a free trade area in Latin America (22).
Within the next few years, Peru's exports will consolidate in two regions, Latin America and Asia, fueled in a large part by trade agreements like the Andean Pact, Mercosur, and accords with countries from Central America and Asia" says Promperu's Torres.
Longer-term investment plans include a third spunmelt line at its plant in Cali, Colombia, where PGI holds a leadership position serving the Andean Pact Market.
139, 139 (1981) (characterizing Andean Pact as "made of economic integration for developing countries").
Since the mid-1990s many new regional agreements have been concluded, notably: Americas: North American Free Trade Agreement NAFTA (1994); MERCOSUR, a common market among South American countries (1995); Free trade area among the parties to the Andean Pact (1993); Andean Community (1996); Central American Free Trade Agreement CAFTA (2003).
Nongovernmental groups that track these negotiations learned that the United States in June had forced the negotiators of the Andean Pact nations to enter a secret agreement of confidentiality about all phases of the negotiating details.