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Council of the Americas

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Council of the Americas
Formation1963
Headquarters680 Park Avenue
New York, NY 10021 United States
Location
  • New York City
Coordinates40°46′08″N 73°57′58″W / 40.768830°N 73.965975°W / 40.768830; -73.965975
CEO
Susan L. Segal
Websitewww.as-coa.org

Council of the Americas is an American organization whose stated goal is promoting free trade and open markets throughout the Americas.

History

The group was founded in 1963 as the Business Group for Latin America by David Rockefeller, at the request of President John F. Kennedy as a means for business to fight the influence of Fidel Castro in Latin America.[1] The Kennedy administration conceded investment guarantees, which by 1967 would cost the government $600 million in the case of Chile alone.[2] Almost 30 corporations participated by 1965, when the Business Group was reorganized as the Council for Latin America.[3] Since that time, membership has grown to over 200 blue chip companies that represent the majority to the U.S. private investment in Latin America.

Present

Headquarters at the Percy R. Pyne House.
Susan Louise Segal - CEO

The Council hosts presidents, cabinet ministers, central bankers, government officials, and leading experts in economics, politics, business, and finance. This gives it access to information of the region.

The Council of the Americas argues that free markets and private enterprise offer the most effective means to achieve regional economic growth. It has been a supporter of free trade agreements and has been instrumental in the conception of the North American Free Trade Agreement (NAFTA) and the Central American Free Trade Agreement (CAFTA).

Further reading

  • Memoirs, David Rockefeller, New York: Random House, 2002.

See also

References

  1. ^ Hersh, Seymour M. (December 1, 1982). "The Price of Power: Kissinger, Nixon, and Chile". The Atlantic.
  2. ^ Prados, John (2006). Safe for Democracy: The Secret Wars of the CIA. Ivan R. Dee. p. 398. ISBN 9781615780112.
  3. ^ Griffith-Jones, Stephany (1979). "The Alliance for Progress: An Attempt at Interpretation" (PDF). Development and Change. 10: 429.
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