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
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.
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
(42.) See Mace, supra note 9, at 416 (stating goals were "innovative and far-reaching"); David Hojman, The Andean Pact
: Failure of a Model of Economic Integration?, 20 J.
* 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).
He belongs to what insiders call the "Andean Pact
," the major rival power grouping with three ambitious governors--Roland Koch (Hesse), Christian Wulff (Lower Saxony), and Peter Muller (Saarland).