According to the Argentine chancellor Dante Caputo, the Contadora group was growing inactive, and required a second group to support it.[2] Chancellors Dante Caputo, Olavo Setúbal from Brazil and Enrique Iglesias from Uruguay met in Punta del Este and had a similar agreement. The creation of a group with the four countries was announced in Lima, on July 29, 1985. The Contadora group and the Contadora support group met in Cartagena, Colombia, on August 24 and 25, 1985.