English version

Andean Pact

From Longman Business DictionaryAndean PactAn‧de‧an Pact /ˌændiən ˈpækt/ nounECONOMICS a trade association formed in 1969 by the South American countries of Bolivia, Columbia, Ecuador, Peru, and Chile that aimed to develop industry in the area. Chile left the association in 1976, and Venezuela joined in 1973 and left in 2006
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