Article 13: Trade promotion agreements concern non-tariff issues and tend to promote intraregional trade flows. Article 48: In the territory of other Member States, the capital cities of the Member States shall be entitled to treatment no less favourable than the treatment accorded to capital from another third country, notwithstanding the provisions contained in agreements which may be concluded by Member States in this field under the conditions laid down in this Treaty. As regards rights and obligations arising from regional and partial agreements, the situation of the forenciant Member State shall be adapted to the specific rules which may have been laid down in each agreement. If such rules do not exist, the general provision of the preceding paragraph of this Article shall apply. BEARING IN MIND the decision of the Parties to the General Agreement on Tariffs and Trade to conclude regional or general agreements among developing countries in order to remove or remove obstacles to their mutual trade. LAIA dissolved the Latin American Free Trade Association (NAFTA); Asociación Latinoamericana de Libre Comercio), founded in 1960 with the aim of developing a common market in Latin America. Little progress has been made in the system and aladi has been created with a more flexible and limited role in promoting free trade, but without a timetable for the creation of a common market. Members approved a regional system of tariff preferences in 1984 and extended it in 1987 and 1990. In 2001, LAIA signed an agreement with the Andean Community to facilitate further integration, and Mercosur (a trade organization composed of Argentina, Brazil, Paraguay and Uruguay) also concluded free trade agreements with LAIA members. Article 9: Agreements with a partial scope are governed by the following general rules: at the same time, efforts are being made to define compensatory formulas, both as regards regional tariff preference for deepening and regional and partial agreements. Article 11: Supplementary economic agreements shall aim, inter alia, at promoting the maximum use of factors of production, promoting economic complementarity, ensuring a level playing field, facilitating the entry of products into the international market and promoting the balanced and harmonious development of the Member States.

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