The EU is in a drive to deepen trade ties with Latin America. It is eager to do business with Cuba, and on the cusp of relaunching negotiations with Mercosur.
The 4th round of EU-Cuba negotiations for a framework agreement for political dialogue and cooperation was held yesterday in Brussels (16 June), making progress on trade and economic issues, but lagging behind on the political dialogue chapter.
Mexico’s Senate has urged the Government to boost economic relations with Cuba, with a view to the possible signing of a free trade agreement (FTA).
"We have a ready-made market in Cuba, just 90 miles off our coast" say US congressmen backing the move.
Peru’s Minister of Foreign Trade and Tourism, Magali Silva, said that Peru has started the first talks toward an eventual free trade agreement between Russia, Kazakhstan, Belarus, India, Indonesia, Turkey and Israel.
In the bewildering array of Latin American and Caribbean trade alliances, the left-of-centre Alba group is probably the one that attracts the least attention outside the region.
Mercosur is pushing a free trade deal with Canada which, if signed, will confront Ottawa with the ticklish issue of dealing with continued U.S. embargo on the regional pact’s future partner Cuba.
Member nations of Mercosur will seek to boost economic and political ties with Cuba in a bid to make the communist island an associate member of the South American trade bloc.
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.
The social movements stopped and crushed the Free Trade Area for the Americas (FTAA), said the president of the World Economics Study Center Osvaldo Martinez.
Cuba will host from April 7-11 the 7th Meeting against Free Trade Treaties for Integration that will urge to unite against the US Administration neoliberal policy.
The dangers and disadvantages of Free Trade Agreements (FTA) promoted by the United States in Latin America were analyzed on Wednesday during the third day of the 10th International Encounter of Economists on Globalization and Development Problems that is underway at Havana’s Convention Center.
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.
Iran plans to join a Latin American initiative designed to counter US-led efforts for free trade in the region, the official Web site of Iran’s president office reported on Sunday.
International Relations Commission members of the Cuban parliament received an update Monday on the progress of the agreements being implemented under the Bolivarian Alternative for the Americas (ALBA), which promotes social development, solidarity and mutually beneficial trade.
The countries that make up the Bolivarian Alternative for the Americas (ALBA) trade block met in Venezuela this Wednesday for a meeting of the ALBA Ministers. The meeting set forth some of the future integration projects, the organizational structure, and the countries agreed on the formation of an ALBA development bank.
Cuba and Venezuela praised the broadening of the Bolivarian Alternative for the Americas (ALBA) and the progress stemming from the recent fifth summit of its members (Venezuela, Cuba, Bolivia and Nicaragua) and guest nations.
The change in name of the Free Trade Agreement of the Americas (FTAA) into Free Trade Agreements (FTA) was rejected by Cuban economist, Osvaldo Martinez.
The sixth Hemispheric Meeting to Fight Free Trade Agreements and for integration of the peoples began sessions at Havana Convention Center on Thursday.
The 5th summit of the Bolivarian Alternative for the Americas (ALBA) ended with a flexible energy agreement and withdrawal from the International Centre for Settlement of Investment Disputes (ICSID)