[1] It is a consultative assembly similar to the early European Parliament.

[2] Currently the institution is being considered to become the legislative organ of the Community of Latin American and Caribbean States.

[3] The Latin American Parliament (Parlatino) was created in 1964.

Its current mandate is derived from the Treaty of Institutionalization which was ratified on 16 November 1987.

The plenipotentiaries must represent the views of their parent parliament, and take into consideration the principles of the Parliament which include the defence of democracy and the further intergeneration of Latin America.