Union of South American Nations Nelson Jobim, said in April 2008 that the Council would be formed after the "political" decision of the presidents who participated in the launch of the Union of South American Nations (UNASUR) on 23 May 2008. On 15 December 2008, at the extraordinary UNASUR summit, the creation of the South American Defense Council was finally approved. The defense ministers of Argentina, Brazil, Uruguay, Paraguay, Bolivia, Colombia, Ecuador, Peru, Chile, Guyana, Suriname and Venezuela. The Defense Council is responsible for developing joint defense policies, promoting the exchange of personnel among the Armed Forces of each country, conducting joint military exercises, participating
Organisation of the League of Nations with Hungary (signed at Trianon on 4 June 1920), placed under guarantee of the League of Nations, 30 August 1921. X. Articles 140 to 151 of the Treaty of Peace with Turkey (signed at Sèvres on 10 August 1920). These articles were replaced by Articles 37–45 of the new Treaty of Lausanne. The League of Nations was maintained financially by the Member States. The Assembly controlled the annual budget. The total authorized League budgets for the four years 1921–1924 gave an average of 22 757 769 gold francs per year, equivalent to 4 391 187 American dollars. This figure covered