Charter of Constantinople

The Charter of Constantinople, signed in 1959, was an agreement that established the Latin American Free Trade Association (ALALC), aimed at promoting economic integration among Latin American countries. It sought to encourage free trade by reducing tariffs and trade barriers, fostering cooperation, and strengthening regional economic ties. Although primarily focused on trade, it laid the groundwork for future economic collaboration in the region. The charter emphasized mutual benefits, economic growth, and stability through shared commitments, marking an important step toward regional economic cooperation in Latin America.