Wednesday, January 28, 2009

South-South Cooperation: Andean Community (Comunidad Andina - CAN) to be modernized

Mincetur, Peru's Ministry of Commerce and Tourism announced that the country's of the Andean Community (Comunidad Andina - CAN) have plans to work together to redefine the community in order to promote a more modern and efficient environment for investment and trade.

The news comes on the heels of the upcoming meeting CAN is having with the European Union in regards to a FTA the two economic unions have in the works.

Bolivia which is also a member of CAN had previously been against the FTA agreement with the EU, but stated that it is open to negotiations and willing to compromise if certain changes are made.

If you would like to read more on this story and can read Spanish,
check out ---> this article published on