Declaration of the Andean Presidential Council with the President of Panama

The Presidents of Bolivia, Colombia, Ecuador, and Venezuela and the Personal Representative of the President of Peru, gathered at the XI Meeting of the Andean Presidential Council, and the President of Panama, in his capacity of observer to that Council,

CONSIDERING:

The commitment adopted at the IX Andean Presidential Council to advance negotiations aimed at achieving a Free-Trade Agreement that will strengthen relations between the Andean Community and Panama;

Panama's participation in Andean Community political bodies and the desirability of enlarging this contribution in order to be able to exercise continuing consultation and coordination on an agenda of regional and international issues of common interest.

AGREE:

  1. To reaffirm the common will to negotiate the terms of Panama's accession to the Andean Community as soon as the Customs Cooperation and Free-Trade Agreements have been signed.

  2. To urge the Trade Ministers of both parties to accelerate the negotiation of the Convention on Cooperation, Facilitation and Mutual Assistance on Customs Matters and of the Free-Trade Treaty between Panama and the Andean Community.

  3. To call upon the Ministers of Foreign Affairs of the Andean Community Member Countries and Panama to meet periodically to coordinate positions on the strengthening of democracy; cooperation in fighting drugs, corruption and illegal arms trafficking; security and confidence-building; and sustainable development

Cartagena de Indias, May 27, 1999

Hugo Banzer Suárez
President of the Republic of Bolivia

Andrés Pastrana Arango
President of the Republic of Colombia

Jamil Mahuad Witt
President of the Republic of Ecuador

Víctor Joy Way
Personal Representative of the President of Peru

Hugo Chávez Frías
President of the Republic of Venezuela

Ernesto Pérez Balladares
President of the Republic of Panama