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BACEN may, if it deems necessary, ask for the presentation of an appraisal report, as well as otherelements it considers relevant for the perfect characterization of the operation and verification of thereasonability of the amounts involved.19. INTERNATIONAL TREATIESAmong the most important international treaties signed by Brazil in the trade area we may mention:19.1. Latin American Integration Association (ALADI)a) Establishment: Montevideo Treaty, of 1980.b) Members: Argentina, Bolivia, Brazil, Colombia, Chile, Cuba, Ecuador, Mexico, Panama, Peru,Paraguay, Uruguay and Venezuela.c) Objective: formation of a Latin American common market, favoring the creation of an economicpreference area in the region, which is achieved through 3 mechanisms:(i) area of regional tariff preference in relation to non-member countries;(ii) agreements of a regional scope with the participation of all member countries;(iii) agreements of a partial scope with the participation of some countries from the area.The Aladi serves as an "umbrella" organization for various trade agreements between its members.Under the Aladi, goods manufactured in Brazil have a margin of preference between 8% to 20% whenexported to other members of the bloc.Among the agreements signed by Brazil under the Aladi, it is worth highlighting the Mercosuragreement, Auto Accords with Argentina and Mexico and Preferential Trade Agreements (PTAs) withall South American countries, Mexico and Cuba.It is interesting to note that the Aladi member countries are of strategic importance to Brazil's exports,as they are the countries to which the largest amount of manufactured goods are exported. Accordingto data of the Brazilian Foreign Trade Secretariat (Secex), in 2013 the Aladi member countriesaccounted for 46% of all Brazilian exports of manufactured goods, while the European Union and Asiaaccounted for 19% and 7%, respectively. For comparison purposes, only 6% of all Brazilian exports ofbasic goods that year were made to Aladi member countries, against 53% to Asia and 21% to the EU.Thus, the PTAs signed under Aladi are important trade instruments for Brazilian exports of industrialgoods.95