Two key figures in Chinese politics embarked on a tour of Latin American countries on February 9, in a sign that the Asian superpower is intent on consolidating its already substantial stake in the region.
Making hemispheric Economic Integration work for all. This is one of the aspirations spelled out in the report of the Partnership for the Americas Commission, a grouping of leaders from across Latin America and the Caribbean, which is linked to the Washington-based Brookings Institution.
Chinese President Hu Jintao has left Latin America with one free trade agreement in hand, another in the works and a deeper Chinese footprint in a region long seen as the US backyard.
Hu Jintao and scores of business people sweep through Latin America to reinforce Beijing’s economic power in the region
US business leaders are urging President-elect Barack Obama to withdraw his opposition to free trade agreements. Obama has opposed bilateral FTAs without market protection measures and has asked for improvements in the labor practices of partner countries.
The free trade agreements that the US and the European Union “propose” to Latin America and the Caribbean include waiving sovereign control on food flows. The United Nations Food and Agriculture Organization admits that although food production increased in the region, the number of people suffering hunger also did.
The Southern Bank is not just a bank, not even a further development bank. It is the expression of the struggle against a model that takes out resources from the poorest nations. If this bank no longer manages to represent such expression and becomes more of the same, the movement will have a new institution to resist.
The EU is currently negotiating FTAs with Central America, the Andean Community of Nations and Mercosur. Its objective is to use these agreements to complete the privatisation process, to remove restrictions on European property and activity in the region, to acquire full access to natural resources and to obtain guarantees that European companies will be able to operate with clear advantages over national companies. Moreover, all these concessions granted to European companies are to be protected from any political changes that the peoples of the region might want to undertake in the future.
Trade ministers from Africa and Latin America met last week in Marrakesh to discuss the state of South-South trade. Despite recent advancements, trade between developing countries remains low.
A comprehensive review of the impact of foreign investment liberalization in Latin America shows that, with some exceptions, foreign investment has fallen far short of stimulating broad-based economic growth and environmental protection in the region, according to a report by the Working Group on Development and Environment in the Americas.
Social organisations and popular movements of South America demand a genuine role in the decisions made regarding how UNASUR is designed and rolled out.
We reject the project of Association Agreements proposed by the European Union and backed by diverse Latin American and Caribbean governments which only aim to deepen and perpetuate the current system of domination which has caused so much harm to our peoples.
Despite rhetoric about their alleged benefits, the results of free trade agreements in Latin America are far from expected, experts attending the 7th Hemispheric Meeting of the Struggle against FTAs and for Integration of the Peoples said.
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 social networks, social organisations and trade unions gathered together at the seminar: "UNASUR: conflicting interests" held in Rio de Janeiro, 12-13 March 2008 and reached the following conclusions
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.
In its introduction the book explains how international financial institutions act like tailors charged with fitting out transnationals with tailor-made suits.
While the defenders of conventional globalization proclaim its benefits, economic as much as political, in Latin America the conflicts generated by openness to trade and international finance are mounting concerning democracy and national autonomy.
US Deputy Secretary of State John Negroponte warned Tuesday that Venezuelan President Hugo Chávez would win and Latin American democracies would lose if the US Congress does not pass the Free Trade Agreements with Peru, Panama and "especially with Colombia."
As Prime Minister Stephen Harper departs upon his first official visit to Latin America this weekend, he will likely make a better impression than did Pierre Trudeau on his own visit to South America.