The Andean Community: economic integration

In sintesi 09-12-2014

The Andean Community of Nations (CAN), made up of Bolivia, Colombia, Ecuador and Peru (Venezuela was a member until 2006, when it withdrew to join Mercosur), has already established a free trade area, with free movement of goods and services (with a few exceptions), but has not yet agreed on a common external tariff that would allow the creation of a common market. A legal instrument has also been adopted to enable the gradual free movement of labour within the region, but this has not yet been fully implemented.