The Cusco Declaration is signed in Cusco, Peru, establishing the South American Community of Nations.
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 American countries during the Third South American Summit on 8 December 2004 in Cusco, Peru. It announces the foundation of the Union of South American Nations. It called for a regional parliament, a common market and a common currency.