Updated August 12, 2001

Archive of Meetings in the area of 
Energy

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"Guayaquil Consensus on Integration, Security and Infrastructure for Development" - Second Meeting of Presidents of South America

On July 26 and 27, 2002, the Second Meeting of Presidents of South America was held in the city of Guayaquil, Ecuador. The "Guayaquil Consensus on Integration, Security and Infrastructure for Development" will take concrete steps towards the physical integration of the continent. The document "Iniciativa para la Integración de la Infraestructura Regional Suramericana" (Spanish only) includes proposals such as the construction of road and waterways and announces the creation of a "multimodal Amazonian" axis, which will allow communications between the Pacific and the Atlantic. The multilateral credit agencies such as the Inter-American Development Bank (IDB) and the Corporación Andina de Fomento (CAF) have shown great interest in these projects. Also, the Summit will define an Andean interconnection system, which will signify the savings of billions of dollars per year for the region.

The Presidents also ratified the Initiative for the Integration of the Regional Infrastructure of South America (IIRSA), a plan that includes the activation of 162 projects of transportation, energy and telecommunication, with some already in progress. This plan includes an initial investment of $2 billion in the first two years.

For more information on the achievements presented at the Meeting, through a report that includes the identification of 162 projects on transportation, energy and telecommunications, please click here. (Spanish only).

For more information on the Second Summit of South American Presidents please click here.

Updated August 12, 2001

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