Andean Community
South American free-trade agreement / From Wikipedia, the free encyclopedia
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The Andean Community (Spanish: Comunidad Andina, CAN) is a free trade area with the objective of creating a customs union comprising the South American countries (Andean states) of Bolivia, Colombia, Ecuador, and Peru. The trade bloc was called the Andean Pact until 1996 and came into existence when the Cartagena Agreement was signed in 1969. Its headquarters are in Lima, Peru.
Andean Community Comunidad Andina | |
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Flag | |
Motto: "Ésta es mi tierra, ésta es mi casa" (Spanish) "This is my homeland, this is my home" | |
Seat of Secretariat | Lima, Peru |
Largest city | Bogota, Colombia |
Official languages | |
Type | Trade bloc |
Member states |
|
Leaders | |
• Secretary General | Jorge Hernando Pedraza |
Establishment | |
• as the Andean Pact | 1969 |
• as the CAN | 1996 |
Area | |
• Total | 1,470,702 sq mi (3,809,100 km2) (7th) |
Population | |
• 2010 estimate | 101,119,783b (12th) |
GDP (PPP) | 2017 estimate |
• Total | $902.86 billion[1][2][3][4] (9th) |
• Per capita | $8,928.62 |
HDI (2017) | 0.781 high |
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The Andean Community has 113 million inhabitants over an area of 4,700,000 km2. Its GDP has gone up to US$745.300 billion in 2005, including Venezuela, which was a member at the time. Its estimated PPP of GDP for 2011 amounts to US$902.86 billion, excluding Venezuela.