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Andean Group

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Andean Group

South American organization aimed at economic and social cooperation between member states. It was established under the Treaty of Cartagena (1969), by Bolivia, Chile, Colombia, Ecuador, and Peru. Venezuela joined in 1973, but Chile withdrew in 1976 and Peru suspended membership and became an observer in 1992. The Andean Pact was established in 1992 to create a free trade area. The organization is based in Lima, Peru.
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