1. Latin America and Caribbean
GDP
$4,982,058,723,369 2010
Population
582,554,334 2010
GDP per Capita $8552
Source: World Bank

2. Principal Integration Initiatives in
Latin America
• ALADI http://www.aladi.org/
• MERCOSUR http://www.mercosur.int/
• CAN http://www.comunidadandina.org/
• ALBA http://www.alianzabolivariana.org/
• UNASUR http://www.unasursg.org/
• CARICOM http://www.caricom.org/
• SICA http://www.sica.int/
• ALCA http://www.ftaa-alca.org/alca_s.asp

3. Belize
Honduras Nicaragua
Panama
Costa Rica
El Salvador
Guatemala
Central American Integrations System – (Sistema de
la Integracion Centroamericana) : Since Feb 1 1993.

4. North American Free Trade Agreement (NAFTA)
Agreement signed by Canada, Mexico and US,
creating a trade bloc. Came into force in Jan 1 1994.

5. Free Trade Area of the Americas (FTAA) – Area de
Libre Comercio de las Americas.
Reduced barriers among all countries in the Americas
except Cuba. This agreement was an extension of the
NAFTA. Started in Dec 1994, but it came to public in
2001.

6. Common Southern Market- Mercado Comun del Sur (MERCOSUR).
It was founded in 1991. Promotes free trade and the fliud of movements of
goods, people and currency.
This is now a full Customs Union.
Full members
Argentina
Brazil
Paraguay
Uruguay
Venezuela (depending on the Congress of Paraguay for admission)

7. Founded May 25 1969
Members:
•Bolivia
•Colombia
•Ecuador
•Peru

8. Union of South American Nations (UNASUR)
intergovernmental union integrating two existing customs
unions: Mercosur and the Andean Community of Nations
(CAN), as part of a continuing process of South American
integration. It is modeled on the European Union.
Signed on May 23, 2008.