Latin American Integration Association (ALADI)
EENI - Business School.
Subject (Course): LAIA /ALADI (Latin American Integration Association). Montevideo Treaty. Syllabus:
- Introduction to the Latin American Integration Association (ALADI/LAIA).
- Montevideo Treaty 1980.
- Institutional organization of the Latin American Integration Association
- Agreement on Reciprocal Payments and Credits.
- Payment System in local currencies.
- Economic Profile of Latin American countries.
- Customs Procedures in the Latin American countries.
- Nomenclature of the Latin American Integration Association
- Latin American Free Trade Association
The objectives of the subject "The Latin American Integration Association (ALADI)" are:
- To understand the aims and functions of the Latin American
Integration Association (ALADI)
- To analyze the process of economic integration (Latin American
common market) and foreign trade between the ALADI countries
- To know the system of reciprocal payments and credits in local
- To assess the benefits for member countries of the ALADI
- To understand customs procedures and customs nomenclature of
Sample of the subject - Latin American Integration Association (ALADI):
Subject Description - ALADI (Latin American Integration Association):
The Latin American Integration Association (ALADI/LAIA) is the largest Latin-American group of trade integration (20 million Km² and 500 millions of people).
- Member countries of the ALADI (Latin American Integration
Association) are Argentina, Bolivia, Brazil, Chile, Colombia, Cuba, Ecuador, Mexico, Paraguay, Peru, Uruguay, and
- All ALADI countries have Catholic majorities.
- The 1980 Montevideo Treaty (TM80) is the global
legal framework that constitutes and rules the ALADI (Latin American Integration Association).
The Montevideo Treaty establishes the following
general principles: pluralism, convergence, flexibility, differential treatment,
- Any Latin-American nation can join the Montevideo Treaty. Cuba was the last
nation to accede, becoming a full member
- Furthermore, the Latin American Integration Association (ALAD) is also open to the all 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, Russian
Federation, Romania, the People's Republic of China, Korea, Japan, and Ukraine.
- Observer organizations:
the Economic Commission for Latin America and the Caribbean (ECLAC), the Organization of American States (OEA), the Inter-American Development Bank (IDB), the United Nations Program for Development, the Commission of the European Communities, the Latin American Economic System (SELA), the American Institute for Cooperation on Agriculture,
and the Pan American Health Organization.
The ALADI (Latin American
Integration Association) promotes the creation of an area of economic
preferences in the region, aiming at a Latin-American common market, through
- Regional tariff preference granted to products originating in the member countries, based on the tariffs in vigor for third countries
- Regional Scope Free Trade Agreements (FTA)
- Partial Scope Trade Agreements, between two or more countries of the 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 of the Western Christian Civilization.
Agreement EENI and ALADI