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Latin American Economic System

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Latin American Economic System

International coordinating body for economic, technological, and scientific cooperation in Latin America and the Caribbean, aiming to create and promote multinational enterprises in the region and provide markets. Founded in 1975 as the successor to the Latin American Economic Coordination Commission, its members include Argentina, Barbados, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Mexico, Jamaica, Nicaragua, Panama, Paraguay, Peru, Spain (from 1979), Suriname, Trinidad and Tobago, Uruguay, and Venezuela. Its headquarters are in Caracas, Venezuela.



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Economic Commission for Latin America and the Caribbean (ECLAC); Alejandro Jara, coordinator of trade policy of the Latin American Economic System (SELA); and Byron Blake, Director of the Economic and Industrial Affairs Division of the Caribbean Community (CARICOM).
The Assembly also called for more cooperation between the UN and the OAS (47/11), the Organization of African Unity (4 71148), the Organization of the Islamic Conference League of Arab States (47/12), the Conference on Security and Cooperation in Europe (47/10) and the Latin American Economic System (47/13).
In order to promote growth among micro, small and medium enterprises, the Action Committee for the Support of Central America's Economic and Social Development, which is part of the Latin American Economic System, has been requested to devise a programme for small businesses that includes projects in six areas: production and markets; financing; commercial and technological information; training; and technological and institutional strengthening.
 
 
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Latin American Information Base
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