The President of Nicaragua, Daniel Ortega, joined other regional leaders in Caracas on Wednesday for the summit of the Bolivarian Alliance for the Peoples of Our America (ALBA), underscoring a renewed focus on cooperation and solidarity among member nations.
A document has been signed Tuesday by all members of the Bolivarian Alliance for the Peoples of the Americas - Peoples' Trade Agreement (ALBA-TCP) demanding Argentine returns the Emtrasur Boeing 747-300 freighter airplane to Venezuela.
Bolivia's interim leadership says it has broken diplomatic ties with the Government of Venezuelan President Nicolás Maduro and ordered Cuban medical teams to leave Bolivia.
Chile's new foreign minister Heraldo Muñoz ratified his country's membership of the Pacific Alliance, a much questioned group by other regional organizations such as the Venezuelan inspired ALBA and even Mercosur led by Brazil, and suggested that Mercosur and the Pacific Alliance could consider integration. Chile is currently an associate member of Mercosur.
Venezuela said the current political unrest in the country poses no danger to the future of the Bolivarian Alliance for the Peoples of the Americas(ALBA) and the oil initiative PetroCaribe.
Uruguay is closer to joining the Bolivarian alliance for the Americas, (ALBA) than the Pacific Alliance said Uruguayan foreign minister Luis Almagro to a packed audience with government officials, local businesspeople and diplomats. He also argued that the ‘tail wind’ that has been so favourable for Latinamerica ‘was over two years ago”.
Mercosur as an only market ‘remains a fiction’ since it is missing the effective implementation and ironing out of trade and macroeconomic reforms, said Uruguayan foreign minister Luis Almagro, who went on to promote “double and triple membership” for Mercosur members.
Uruguayan president Jose Mujica said that Mercosur should give its members more space to negotiate with third parties and supported linking to the Alliance of the Pacific, which nevertheless he argued is “part of a geopolitical involving China” and not accepted by Brazil.
Foreign Minister Elias Jaua said on Monday that Venezuela will resort to “trade, energy, economic and political” measures if the United States applies sanctions or keeps meddling in the internal affairs of the country.
President Rafael Correa said he expects the regional groupings Alba and Unasur to meet urgently and address the “legal aberration” committed by a UN trade law arbitrage tribunal against Ecuador in a case involving US multinational Chevron and decades of environmental damages.