ISDS Case Map
ALBA
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.
