EENI-Business School

Latin American Integration Association (ALADI)

Syllabus of the Subject: LAIA /ALADI (Latin American Integration Association). Montevideo Treaty.

  1. Introduction to the Latin American Integration Association (ALADI/LAIA)
  2. Montevideo Treaty 1980
  3. Institutional organisation of the Latin American Integration Association
  4. Agreement on Reciprocal Payments and Credits
  5. Payment System in local currencies
  6. Economic Profile of the Latin American Countries
  7. Customs Procedures in the Latin American Countries
  8. Nomenclature of the Latin American Integration Association
  9. Latin American Free Trade Association
  10. Latin American Common Market

The objectives of the subject “Latin American Integration Association (ALADI)” are the following:

  1. To understand the aims and functions of the Latin American Integration Association (ALADI)
  2. To analyse the process of economic integration: The Latin American Common Market
  3. To explore the foreign trade between the ALADI countries
  4. To know the system of reciprocal payments and credits in local currencies
  5. To assess the benefits for the member countries of the ALADI
  6. To understand the customs procedures and customs nomenclature of the Latin American Integration Association
The Subject “ALADI (Latin American Integration Association)” is part of the following programs:
  1. Masters: International Business, America, BRICS Countries, Pacific, Emerging Markets, Economic Relations
  2. Doctorate in Business in America
  3. Bachelor's Degree in International Trade (e-learning)
  4. Diploma Latin American Integration (Online)

Learning materials in English or Spanish Asociacion Latinoamericana Integracion Portuguese ALADI French ALADI

  1. Credits of the subject “Latin American Integration Association (ALADI)”: 1 ECTS Credits
  2. Duration: one week

Sample of the subject - Latin American Integration Association (ALADI):
Latin American Integration Association (ALADI/LAIA)

Description of the Subject: ALADI (Latin American Integration Association)

The Latin American Integration Association (ALADI/LAIA) is the largest Latin-American group of trade and economic integration (20 million square kilometres and 500 millions of people).

  1. The member countries of the ALADI (Latin American Integration Association) are Argentina, Bolivia, Brazil, Chile, Colombia, Cuba, Ecuador, Mexico, Paraguay, Peru, Uruguay, and Venezuela
  2. All the ALADI's countries have Catholic majorities
  3. The 1980 Montevideo Treaty (TM80) is the global legal framework that constitutes and rules the ALADI (Latin American Integration Association).
  4. The Montevideo Treaty establishes the following general principles:
    1. pluralism
    2. convergence
    3. flexibility
    4. differential treatment
    5. multiplicity
  5. Any Latin-American nation can join the Montevideo Treaty.
  6. Cuba was the last nation to accede, becoming a full member in 1999
  7. Furthermore, the Latin American Integration Association (ALAD) is also open to the all the Latin American economies through Trade Agreements with other countries and integration areas of America, as well as other developing countries or their respective integration areas outside Latin America

Observer countries: El Salvador, Honduras, Spain, Portugal, Guatemala, the Dominican Republic, Costa Rica, Nicaragua, Italy, Panama, Switzerland, the Russian Federation, Romania, the People's Republic of China, Korea, Japan, and Ukraine

Observer organisations:

  1. Economic Commission for Latin America and the Caribbean (ECLAC)
  2. Organisation of American States (OEA)
  3. Inter-American Development Bank (IDB)
  4. United Nations Programme for Development
  5. Commission of the European Communities
  6. Latin American Economic System (SELA)
  7. American Institute for Cooperation on Agriculture
  8. Pan American Health Organisation

The ALADI (Latin American Integration Association) promotes the creation of an preferential trading area in the region, aiming at a Latin-American Common Market, through three mechanisms:

  1. Regional tariff preference granted to products originating in the member countries, based on the tariffs for the third countries
  2. Regional Scope Free Trade Agreements (FTA)
  3. Partial Scope Trade Agreements, between two or more countries of the trading area

Either regional or partial scope agreements may cover tariff reduction and trade promotion, economic complementation, agricultural trade, financial, fiscal, customs and health cooperation, environment preservation, scientific and technological cooperation, tourism promotion, and technical standards.

The Latin American Integration Association (ALADI) belongs to the Latin American Economic Area (Western Christian Civilisation).

Agreement EENI and ALADI

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