Sistema economico latinoamericano

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The Latin American and Caribbean Economic System (SELA) is a regional intergovernmental organization that groups 26 Latin American and Caribbean countries. Its headquarters are in Caracas, Venezuela. SELA was established on 17 October 1975 by the Panama Convention and its current membership includes Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Colombia, Costa Rica, Cuba, Chile, Ecuador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Suriname, Trinidad & Tobago, Uruguay and Venezuela.


Provide the Latin American and Caribbean region with a system of consultation and coordination for the adoption of common positions and strategies on economic issues in international bodies and forums and before third countries and groups of countries and

Foster cooperation and integration among the countries of Latin America and the Caribbean.

Main Activities

Extra-regional relations:

Seal business and cooperation proposals for Latin America and the Caribbean.

Conduct systematic analyses of the impact of global economic decisions and processes on the economies of the region.

Assess processes linked to international business, commercial, economic and financial negotiations and the implications of such processes for regional development and integration.

Support Member States, whenever necessary, with respect to their participation in the relevant deliberations and negotiations.

Intra-regional relations:

Support the development, coordination and convergence of the sub-regional processes of Latin America Latin and the Caribbean.

Maintain a systematic analysis of the relevant factors with a view to ensuring the harmonious development of integration between the countries of Latin America and the Caribbean.

Promote strategies to identify operational efforts that will help further the coordination and convergence of economic integration throughout the region.

Consider and develop proposals aimed at creating an institutional framework of integration that will encourage coordination and convergence in sub-regional processes.

Economic and Technical Cooperation:

Promote the flow of multilateral and bilateral cooperation from international agencies and donor countries towards the region and serve as a regional focal point for economic and technical cooperation between developing countries.

Encourage the exchange of experiences and information on national policies, particularly those of greatest relevance to macroeconomic coordination, the struggle against poverty, social inclusion and international cooperation.


Annually holds the meeting of the Latin American Council, at ministerial level, and convenes regional consultation and coordination meetings with high-level officials of member countries on topics of interest in their areas of competence.

Organizes forums with the participation of government and private sector representatives and conducts meetings of experts on specific issues of the regional and global economic agenda.

Maintains close relationships, based on cooperation, with the most important organizations, public institutions, and private entities at regional and international levels.

Develops seminars, courses and workshops on issues of economic interest to the Latin American and Caribbean region, with a view to addressing the needs of government officials, businesspeople, workers, parliamentarians, and academicians.


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