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High Quality Content by WIKIPEDIA articles! The group announced their intention to model the new community after the European Union including a common currency, parliament, and passport. According to Allan Wagner Tizón, former Secretary General of the Andean Community, a complete union like that of the EU should be possible by 2019. The mechanics of the new entity came out of the First South American Community of Nations Heads of State Summit, which was held in Brasília on 29 September?30 September 2005. An important operating condition of UNASUR is that no new institutions will be created in…mehr

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High Quality Content by WIKIPEDIA articles! The group announced their intention to model the new community after the European Union including a common currency, parliament, and passport. According to Allan Wagner Tizón, former Secretary General of the Andean Community, a complete union like that of the EU should be possible by 2019. The mechanics of the new entity came out of the First South American Community of Nations Heads of State Summit, which was held in Brasília on 29 September?30 September 2005. An important operating condition of UNASUR is that no new institutions will be created in the first phase, so as not to increase bureaucracy, and the community will use the existing institutions belonging to the previous trade blocs.