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Latin American Integration Association

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Latin American Integration Association

Organization aiming to create a common market in Latin America; to promote trade it applies tariff reductions preferentially on the basis of the different stages of economic development that individual member countries have reached. Formed in 1980 to replace the Latin American Free Trade Association (formed in 1961), it has 11 members: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, Uruguay, and Venezuela. Its headquarters are in Bogotá, Colombia.



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? Mentioned in ? References in periodicals archive
 
Cuba was unanimously accepted as the 12th member-nation of the Latin American Integration Association (ALADI), report Cuban Government sources (November 10, 1998).
CUBA ACCEPTED AS 12TH MEMBER OF ALADI by Caribbean Update
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