 Mérida hosted the VI Summit of Association of Caribbean States, in April 2014.Mérida is the cultural and financial capital of the Yucatán Peninsula, as well as the capital city of the state of Yucatán.In recent years, important science competitions and World events have been held in Mérida – FITA Archery World Cup Finals, the International Cosmic Ray Conference, a Physics Olympiad, etc.