Bolivarian Alternative for the Americas
The ALBA offers a broad space to recover the public sector and consolidate Latin American identity through dialogue.
The Bolivarian Alternative for the Peoples of Our America (ALBA) is centering the closing day of the Seventh Social Summit for the Latin American and Caribbean Union.
Honduras has joined the Bolivarian Alternative for the Americas (ALBA), amid criticism from the business community and right-wing political sectors.
The President of Bolivia, Evo Morales, accused the US of extending its Free Trade Agreements program to divide Latin American countries.
The government of Nicaragua is working on a proposal on the role of the company "Gran Nacional ALBA Alimentos." Organization of the venture was agreed some days ago in Cuba by member countries of Petrocaribe, a Caribbean alliance with Venezuela to buy oil under special payment terms and conditions, DPA reported.
The PetroCaribe meeting on agriculture held Tuesday adopted several accords to face the international food crisis, among them the creation of a regional foodstuff enterprise. The company named Alba Alimentos (Alba Foods, after Venezuela’s integration initiative Alternativa Bolivariana de las Americas (ALBA)) will operate in member countries.
The growth of relations between several Caricom states and the Venezuelan-promoted
ALBA and Petrocaribe initiatives is one of the most significant recent developments in
regional affairs. An immediate issue that has arisen is whether membership of ALBA
might conflict with the obligations of membership of Caricom itself. There are also larger
issues of a strategic nature for Caricom.
Even as the FTAA cools on the back-burner and Venezuela President Hugo Chavez pitches ALBA as a viable trade alternative, there are concerns that ALBA may not suit Trinidad and Tobago’s palette.
Recent remarks by Venezuela’s President Hugo Chavez on the civil war in Colombia and Ecuador’s decision not to join the Alternativa Bolivariana de las Americas (ALBA) solidarity based cooperation initiative shows progressive leaders are taking stock on Latin American integration.
The sixth conference of the Latin American alternative trade alliance known as ALBA—which stands for the Bolivarian Alternative for the Americas and means “Dawn” in Spanish—was held in Caracas on January 25-26. The brainchild of Hugo Chavez and Fidel Castro, ALBA was founded by Cuba and Venezuela in 2004 as a fair trade alternative to US-backed free trade policies and is made possible thanks to Venezuela’s oil money.
Guyana Monday announced it would delay its entry into the Bolivarian Alternative for the Americas (ALBA) — a regional economic integration project boosted by Venezuela to counter the Free Trade Area of the Americas proposed by the United States. "We will see what happens now, as we initialed the Economic Cooperation Agreement with Europe," Guyana’s Foreign Minister said.
Cuba and Venezuela signed a raft of economic accords on Monday aimed at furthering cooperation under the Bolivian Alternative for the Americas (ALBA), including plans for nickel and oil development and a billion-dollar petrochemical complex in Cuba.
President Hugo Chavez said Sunday that Venezuela may return to the Andean Community, or CAN, because leftist leaders in Bolivia and Ecuador who have resisted free trade deals with the United States could help to transform the regional trade bloc.
A review of the first six months of the new Sandinista government and the support from allies through ALBA.
Ortega continues to condemn the destabilization plans on the part of the government in Washington, and in the last few weeks has attacked the Free Trade Agreement signed by his country with the United States
The Bolivarian Alternative for Latin America (ALBA) has deepened its roots. While others were talking about the “end of history,” new protagonists emerged all over Latin America.
At the APEC protests in September, while APEC leaders discuss new ways to exploit poor countries and increase profits for rich countries, we should demand our own ALBA-style agreement for the Asia Pacific as a way to build a world based on justice and equality.
ALBA has become the new historical focus of Latin America and the Caribbean, placing people’s needs above market mechanisms and the accumulation of capital.
Bolivia joined the ALBA-TCP pact in 2006, and the government has earmarked $1.5 million for quinoa growers out of the $100 million provided by Chávez for investments benefiting small farmers. This will include credit for at least five quinoa-related projects in the southern altiplano.
It has taken a while for the US to work out an effective strategy to counteract ALBA.