Cartagena Agreement Andean-Community

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The Andean Community strives to introduce a democratic clause in the agreements it signs with third parties, in accordance with the criteria set out in this protocol. However, some analysts have interpreted that Venezuela could eventually leave the CAN. [10] When Colombia and Peru signed free trade agreements with the United States, Venezuelan President Hugo Chavez announced in Protest in April 2006 that his country was withdrawing from the CAN and declared that the Community was “dead”. [11] Colombian and Peruvian officials expressed their opposition to this view, as well as representatives of the Venezuelan industrial sector (Conindustria). [12] The Andean Community and Mercosur are the two main trading blocs in South America. In 1999, these organizations began merger negotiations for the creation of a Free Trade Area (SAFTA). On 8 December 2004, the Andean Community (CAN) signed a cooperation agreement with Mercosur and issued a joint letter of intent for future negotiations on the integration of all of South America into a Union of South American Nations (USAN) which was drawn up according to the European Union. Recently, with the new cooperation agreement with Mercosur, the Andean Community has gained four new associate members: Argentina, Brazil, Paraguay and Uruguay. These four Mercosur members were members of the Andean Council, which met with the Commission (the Andean Community) at an expanded meeting on 7 July 2005. This is in response to the measures taken by Mercosur, which has granted membership to all the nations of the Andean Community under the economic complementarity agreements (free trade agreement) signed between the CAN and the various mercosur members.

[5] IiA Mapping Project The IIA Mapping Project is a cooperative initiative between UNCTAD and universities around the world to represent the content of the IIAs. The resulting database serves as a tool to understand trends in CEW development, assess the prevalence of different policy approaches, and identify examples of contracts. The Mapping of IIA Content allows you to browse the results of the project (the page will be regularly updated as new results become available). Please mention: UNCTAD, Mapping of IA Content, available at investmentpolicy.unctad.org/international-investment-agreements/iia-mapping More information: Mapping Project Description – Methodology document UNCTAD Work Programme on International Investment Agreements (IAs) actively supports policy makers, government officials and other CEW stakeholders in THE CEW reform to make them more conducive to sustainable development and inclusive growth.

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