ISDS Case Map
CAN
Andean Community
Venezuelan President Hugo Chavez said he would consider returning to the Andean Community of Nations trade bloc provided Colombia and Peru reconsider their trade agreements with the US.
Colombian authorities on the border with Venezuela have proposed Colombian President Álvaro Uribe and his Venezuelan counterpart Hugo Chávez to negotiate a bilateral Free Trade Agreement in exchange for the Andean Community of Nations (CAN).
Text of the letter in which Venezuela renounces the Cartagena Accord and withdraws from the Andean Community of Nations, translated by toni solo.
Colombian authorities reject Chávez' claims. "The Andean legal framework prevails over the FTA, as expressly provided for in the final text of the FTA," said Colombia Commerce minister Jorge Humberto Botero
Bolivia has ruled out Friday leaving the Andean Community of Nations (CAN) but agreed the bloc has been mortally wounded by the Free Trade Agreements (FTA) of two of its partners with the US.
The Andean Community "is dead" said Presidents Hugo Chávez of Venezuela and Evo Morales of Bolivia Wednesday, referring to the trade bloc that their countries form part of along with Colombia, Ecuador and Peru.
Analysts within the Bolivian Movement for Sovereignty and Integration of the Peoples studied the recently published results of the Joint Assessment of the Association Agreement between the EU and the Andean Community.
Venezuela, which has criticized Andean nations as being overly aligned with the United States, plans to withdraw from the Andean Community of Nations, President Hugo Chavez said on Wednesday.
Venezuela has accused the United States of attempting to undermine the unity of the five-nation Andean Community in the way of free trade deals.
