ANDEAN PACT
Andean Pact: translation
A regional trade pact that includes Venezuela, Colombia, Ecuador, Peru, and Bolivia. Bloomberg Financial Dictionary
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Andean Pact An‧de‧an Pact [ˌændiən ˈpækt] noun ECONOMICS
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