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Cusco Declaration
The
Cusco
Declaration
, formally titled
Preamble
to the Foundation
Act
of the
South American Union
, is a two-page declaration of intent signed by 12
South American countries
during the
Third South American Summit
on
8 December
2004 in
Cusco, Peru
. It announces the
foundation
of the
Union of South American Nations
. It called for a
regional
parliament
, a
common market
and a
common currency
.