Economics Trade Agreements Questions Medium
The goals of the CAN (Andean Community of Nations) are as follows:
1. Economic Integration: The CAN aims to promote economic integration among its member countries, which include Bolivia, Colombia, Ecuador, and Peru. This integration is achieved through the establishment of a common market, the elimination of trade barriers, and the harmonization of economic policies.
2. Free Trade: The CAN seeks to foster free trade among its member countries by reducing and eventually eliminating tariffs, quotas, and other trade barriers. This goal is aimed at promoting the flow of goods, services, and investments within the region.
3. Regional Development: The CAN aims to promote balanced and sustainable development among its member countries. This includes initiatives to reduce regional disparities, enhance competitiveness, and improve infrastructure and connectivity within the region.
4. Social Cohesion: The CAN seeks to promote social cohesion and inclusion by implementing policies that address poverty, inequality, and social exclusion. This includes initiatives to improve access to education, healthcare, and social services for all citizens within the member countries.
5. Political Cooperation: The CAN aims to strengthen political cooperation among its member countries, fostering dialogue and collaboration on regional and international issues. This includes promoting peace, stability, and democratic governance within the region.
Overall, the goals of the CAN are centered around promoting economic integration, free trade, regional development, social cohesion, and political cooperation among its member countries.