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Council of the Americas is an American organization whose stated goal is promoting free trade and open markets throughout the Americas.
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Formation | 1963 |
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Headquarters | 680 Park Avenue New York, NY 10021 United States |
Location |
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Coordinates | 40°46′08″N 73°57′58″W / 40.768830°N 73.965975°W / 40.768830; -73.965975 |
CEO | Susan L. Segal |
Website | www |
The group was founded in 1963 as the Business Group for Latin AmericabyDavid 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,[to whom?] 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]