Posts Tagged UNASUR
Pacific Alliance – A New Trading Bloc
Posted by Bogdan Marius Beleuz in Geopolitical Issues, International Trading, Trade Agreements on June 14, 2012
6 June 2012 The new Alliance includes Chile, Colombia, Mexico, and Peru, and are aiming others to join, in particular Panama and possibly Costa Rica. The Latin America knows several forms of ambitious economic and political integration blocs in recent years, from which we count: – Latin American Integration Association (known as ALADI or, occasionally, by the English acronym LAIA) – Central American Integration System (Spanish: Sistema de la Integración Centroamericana SICA) – Mercosur or Mercosul (Spanish: Mercado Común del Sur, Portuguese: Mercado Comum do Sul, Guaraní: Ñemby Ñemuha, English: Common Southern Market) – The Union of South American Nations (Dutch: Unie van Zuid-Amerikaanse Naties – UZAN, Portuguese: União de Nações Sul-Americanas – UNASUL, Spanish: Unión de Naciones Suramericanas – UNASUR) – The Community of Latin American and Caribbean States (Spanish: Comunidad de Estados Latinoamericanos y Caribeños, CELAC, Portuguese: Comunidade de Estados Latino-Americanos e Caribenhos, French: Communauté des États Latino-Américains et Caribéens) – The Andean Community (Spanish: Comunidad Andina – CAN)
UNASUR Announced the South American Development Bank
Posted by Bogdan Marius Beleuz in Banking System, Global Financial System on May 21, 2012
18 May 2012, Buenos Aires The Union of South American Nations (UNASUR) announced that the South American Development Bank (o Banco del Sur) should be operational during the second half of 2012. The new bank is intended to complement existing regional development banks like the Andean Development Corporation (CAF) and the Inter-American Development Bank (IDB).