Latin American Free Trade Association
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Founders | Argentina |
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Founded | 1960 |
Date of Reg. | |
Date of Upd. | |
ID | 1584145 |
About Latin American Free Trade Association
The Latin American Free Trade Association, LAFTA, was created in 1960 in the 1960 Treaty of Montevideo by Argentina, Brazil, Chile, Mexico, Paraguay, Peru, and Uruguay. The signatories hoped to create a market in Latin America and offered tariff rebates among member nations.