Founded in 2000, Universidad Latinamericana de Comercio Exterior (Latin American University of Foreign Trade) is a higher-education institution located in the large city of Panama City (population range of 500,000-1,000,000 inhabitants), Panama. Officially recognized by the Consejo Nacional de Evaluacion y Acreditacion Universitaria de Panama (National Council of University Assessment and Accreditation of Panama), Universidad Latinamericana de Comercio Exterior (ULACEX) is a coeducational Panamanian higher education institution. Universidad Latinamericana de Comercio Exterior (ULACEX) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. ULACEX also provides several academic and non-academic facilities and services to students including a library, as well as administrative services.