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Latin American Economic System
SELA, Secretaría Permanente, Av Francisco de Miranda, Torre Europa, Piso 4
Urb. Campo Alegre
Caracas 1060, Venezuela,
The Latin American and Caribbean Economic System (SELA) is a regional intergovernmental organization that groups 26 Latin American and Caribbean countries. Its headquarters are in Caracas, Venezuela. SELA was established on 17 October 1975 by the Panama Convention and its current membership includes Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Colombia, Costa Rica, Cuba, Chile, Ecuador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Suriname, Trinidad and Tobago, Uruguay and Venezuela.
* Provide the Latin American and Caribbean region with a system of consultation and coordination for the adoption of common positions and strategies on economic issues in international bodies and forums and before third countries and groups of countries and
* Foster cooperation and integration among the countries of Latin America and the Caribbean.
* Seal business and cooperation proposals for Latin America and the Caribbean.
* Conduct systematic analyses of the impact of global economic decisions and processes on the economies of the region.
* Assess processes linked to international business, commercial, economic and financial negotiations and the implications of such processes for regional development and integration.
* Support member states, whenever necessary, with respect to their participation in the relevant deliberations and negotiations.
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