LATIN AMERICA · SECURITY
Key Facts
—The headline: Foreign ministers of Chile, Argentina, Bolivia, Ecuador and Peru signed a regional cooperation pact in Santiago on Thursday, a South American organized crime pact that will create a permanent working group on transnational gangs.
—Five priorities: The Compromiso Regional de Santiago, as the agreement is called in Spanish, sets five areas of joint work: intelligence sharing, border control, illicit financial flows, technical cooperation and regional response mechanisms.
—Calendar: The working group will hold its first meeting in 90 days, with leadership rotating annually in alphabetical order, and the five chancellors will reconvene in 180 days, likely in Buenos Aires, to review progress.
