Tag: Unasur Defence CouncilUnasur Defence Council
Venezuelan Defence minister Henry Rangel Silva and his Argentine peer Arturo Puricelli signed on Friday a cooperation agreement to further advance in the integration of the two armed forces in the framework of the Unasur Defence Council.
Six South American countries are sharing for the first time in history information on defence expenditure which is seen as a first concrete step to leave behind border disputes and ensure peace in the region, said delegates from Chile, Ecuador and Unasur, Union of South American Nations.
The Unasur Defence Council is scheduled to meet Thursday and Friday in Peru to address an action plan for 2012, which once approved will help estimate and compare in a more compatible way military expenditure.
The Union of South American Nations, Unasur, has among the objectives of the recently created South American Defence Council protecting the natural resources of the region which include 25% of the world’s drinking water and proven oil reserves estimated in 123 billion barrels of oil.