The Andean Community: economic integration

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.

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.