ALADI
Argentina
Bolivia
Brazil
Chile
Colombia
Cuba
Ecuador
Mexico
Paraguay
Peru
Uruguay
Venezuela
The 1980 Montevideo Treaty was intended to further the process of economic integration started in the Latin American region two decades earlier and provided for the creation of the Latin American Integration Association (LAIA in English, ALADI in Spanish and Portuguese), in place of the Latin American Free Trade Association (LAFTA) established by the Montevideo Treaty concluded in 1960.
This new juridical instrument was signed on 12 August 1980, at Montevideo (Uruguay), by the Ministers of Foreign Affairs of eleven Latin American states: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, Uruguay and Venezuela. Cuba joined them in 1999.