Chilean President Michelle Bachelet (L) speaks next to Brazilian President Luiz Inacio Lula da Silva during the oppening ceremony of the extraordinary Summit of Heads of State of the South American Nations Union (UNASUR), on May 23, 2008, in Brasilia. Chile's President Michelle Bachelet was elected as the first president of UNASUR after the 12 countries have signed the agreement for the creation of the organization. Getty Images logo Getty Images 48 months ago

Chilean President Michelle Bachelet (L) speaks next to Brazilian President Luiz Inacio Lula da Silva during the oppening ceremony of the extraordinary Summit of Heads of State of the South American Nations Union (UNASUR), on May 23, 2008, in Brasilia. Chile's President Michelle Bachelet was elected as the first president of UNASUR after the 12 countries have signed the agreement for the creation of the organization.

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