Latin American Integration Association (LAIA)
- Latin American Integration Association (LAIA)
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formerly (until 1980) Latin American Free Trade Association (LAFTA)
International association of Latin American countries originally dedicated to improving its members' economic well-being through free trade.
At its founding in 1960 LAFTA included Argentina, Brazil, Chile, Mexico, Paraguay, Peru, and Uruguay; by 1970 Ecuador, Colombia, Venezuela, and Bolivia had joined. The organization aimed to remove all trade barriers over 12 years, but its members' geographic and economic diversity made that goal impossible. LAFTA was superseded in 1980 by the LAIA, which established bilateral trading agreements between members, which were divided into three groups according to their level of economic development. Cuba was admitted with observer status in 1986, and it became a full member in 1999. See also Inter-American Development Bank.
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Universalium.
2010.
Look at other dictionaries:
Latin American Integration Association — Infobox Organization name = Asociación Latinoamericana de Integración Latin American Integration Association image border = aladi.gif caption = ALADI logo map mcaption = headquarters = Montevideo, Uruguay membership = Argentina, Bolivia, Brazil,… … Wikipedia
Latin American Integration Association (LAIA) — ⇡ ALADI … Lexikon der Economics
Latin American Integration Association — LAIA; ALADI An economic grouping of South American countries with headquarters in Montevideo. It superseded the Latin American Free Trade Area (LAFTA) in 1981. Its members are Argentina, Bolivia, Brazil, Chile, Colombia, Cuba, Ecuador, Mexico,… … Big dictionary of business and management
Latin American Integration Association — noun an organisation for economic cooperation set up in 1980 by Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, Uruguay and Venezuela. Abbrev.: LAIA …
LAIA — Latin American Integration Association (Business » International Business) * Langillen Abertzale Iraultza Alderdi (International » Spanish) … Abbreviations dictionary
LAIA — Latin American Integration Association …
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LAIA — abbr. Latin American Integration Association … Dictionary of English abbreviation
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LAIA — abbr. and/or acronym. Latin American Integration Association … American Life League. Abbreviations and acronyms
