South America looks into forming EU-type commission

South American leaders have agreed to create a high-level commission to study the idea of forming a continent-wide community similar to the European Union.

Presidents and envoys of 12 nations wrapped up a two-day summit of the South American Community of Nations last night in Bolivia.

"We seek that South America be forever a region of peace that works to solve the economic problems of its historically abandoned majority,'' Mr Morales, the country’s president said.

The leaders agreed to form a study group in Rio de Janeiro to look at the possibility of creating a continent-wide union, and even a South American parliament.