Unformatted text preview: Declara²on: le´er of intent announcing the establishment of the name to USAN. Panama and Mexico were there as observers to witness it. In the future they intend to have a uniµed passport system, single parliamentary system, and a single currency. In 2008 they formalized Cusco declara²on. 2014 no taxes on non sensi²ve products and by 2019 no tari±s at all in South America. They have a South American bank which NAFTA does not. Located in Caracas, Venezuela. Coordinated infrastructure coopera²on which will develop the interstate highway system. Beyond EU. No new bureaucracy. Regional security and military coopera²on. Not a NATO....
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- Fall '08
- MERCOSUR, Union of South American Nations