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With Countries in South American Community of Nations - CSN
South American Community of Nations (CSN) (Spanish: Comunidad
Sudamericana de Naciones, Portuguese: Comunidade Sul-Americana
de Nações, Dutch: Zuid-Amerikaanse Statengemeenschap)
will be a continent-wide free trade zone that will unite two existing
free-trade organizations—Mercosur and the Andean
Community—eliminating tariffs for non-sensitive products by
2017 and sensitive products by 2019. The headquarters of this new
organization will be in Lima while the South American Bank will be in
Brasilia according to the agreements during the meetings. Complete
integration between the Andean Community and Mercosur into the South
American Community of Nations is expected by 2007.
the Third South American Summit, on 8 December 2004, presidents or
representatives from twelve South American nations signed the Cuzco
Declaration, a two-page statement of intent, announcing the
foundation of the South American Community. Panama attended the signing
ceremony as observer.
announced their intention to model the new community after the European
Union, including a common currency, parliament, and passport. According
to Allan Wagner, Secretary General of the Andean Community, a complete
union like that of the EU should be possible by 2019.
mechanics of the new entity should come out at the First South American
Community of Nations Heads of State Summit, to be held in Brasilia, in
September 29-30 2005. A constitution is also expected to be drafted in
2005. The Second Summit will be held in Bolivia. No new institutions
will be created in the first phase, so as not to increase bureaucracy,
and the community will use the existing institutions belonging to the
previous trade blocs.
12 community members:
These countries are also considered
to be associate members of Mercosur
only South American area not participating is French Guiana which is a département
d'outre-mer of France and is therefore part of the European Union.
addition to these twelve states, there are two observer states:
By the Courtesy of Wikipedia