Cusco Declaration
Encyclopedia
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 America
South America
South America is a continent situated in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. The continent is also considered a subcontinent of the Americas. It is bordered on the west by the Pacific Ocean and on the north and east...

n countries during the Third South American Summit
2004 South American Summit
The 2004 South American Summit – the third of its kind, after earlier events in Brasília and Guayaquil – was held in Cuzco and Ayacucho, Peru, on 7 –9 December 2004...

 on 8 December 2004 in Cusco
Cusco
Cusco , often spelled Cuzco , is a city in southeastern Peru, near the Urubamba Valley of the Andes mountain range. It is the capital of the Cusco Region as well as the Cuzco Province. In 2007, the city had a population of 358,935 which was triple the figure of 20 years ago...

, Peru
Peru
Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....

. It announces the foundation of the Union of South American Nations. It called for a regional parliament, a common market and a common currency.

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