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Venezuela


Uruguay at center of lively US-Venezuela chess game
Long taken for granted by its much larger neighbors, Uruguay suddenly finds itself one of the main fronts in the struggle between the United States and Venezuela for dominance in South America. Washington is offering a free-trade agreement that would pull Uruguay into the United States’ orbit and weaken Mercosur, the regional trade group to which Uruguay and Venezuela belong. Mr. Chávez has countered with attention-getting investments, subsidized oil, acts of charity and a growing alliance with left-wing factions of the ruling Broad Front.
US trade sanctions seek to pressure Latin America
The US government’s announcement that it will review the possibility of limiting, suspending, or withdrawing trade preferences under the General System of Preferences (GSP) to three Latin American countries—Argentina, Brazil, and Venezuela—is political pressure to make these nations participate in the model of regional integration proposed by the United States.
Defining the Bolivarian Alternative for the Americas - ALBA
Much has been written and theorized about the Bolivarian Alternative for the Americas (ALBA) since President Chavez first proposed the idea at Isla Margarita at the III Summit of the Heads of State and the Government of the Association of Caribbean States in December, 2001.
Has Mercosur gone bananas?
While the world was focused on the tragic events taking place in Lebanon and northern Israel, something very disturbing happened in South America last week. The trading bloc known as Mercosur (the South American common market), at its summit meeting in the Argentine city of Cordoba, formally supported Venezuela’s bid for one of the two Latin American seats on the United Nations Security Council.
Vannessa Arbitration Update
Vannessa Ventures Ltd. (the "Company") has an arbitral claim being heard in accordance with the rules of the International Centre for Settlement of Investment Disputes (ICSID) in Washington, D.C. where Vannessa is requesting remedies under the Bilateral Investment Treaty between Venezuela and Canada.
Venezuela’s Chavez looms large over US vote on Peru trade pact
Free-trade agreements generally set tariffs on beef and commodities and deal with government procurement contracts and labor provisions. But as US Congress prepares to vote on a contentious free-trade accord with Peru, the figure of Venezuelan President Hugo Chavez is looming large.
ALBA: The call for an "Amphictyonic Congress" of the age
Latin America is living in times of hope and changes where the longings of Simon Bolivar’s plans for integration have a new validity; but there are also dangers posed by those who are committed to the traditional subordination and ties to Washington.
Bilderbergers slither away
Sources say Venezuelan President Hugo Chavez’s challenge to the Free Trade Area of the Americas was on the top of the agenda of the Bilderberg Group meeting in Canada last week.
Andean Community: Grasping at unity straws
The foreign ministers of the Andean Community of Nations (CAN) forged ahead in attempts to quiet fears of an imminent collapse of the bloc following Venezuela’s withdrawal, despite member-country political differences that were all too evident at the regional summit.
Trade treaties and challenging US hegemony in the Americas
Venezuela’s president Hugo Chávez, Brazil’s president Lula Inacio da Silva, and Nestor Kirchner, president of Argentina, met in Sao Paulo, Brazil on April 26 to discuss possibilities for integration and collaboration. On April 29, Cuba’s president Fidel Castro met with Chávez and newly elected Bolivian president Evo Morales to sign a People Trade Agreement (TPC), which is seen as a step towards the alternative trade agreement being proposed by Chávez, the Bolivarian Alternative for the Americas (ALBA).
South American Ministers vow to avoid TRIPS-plus measures
The Ministers of Health of ten South American countries issued a joint declaration on intellectual property committing themselves to avoid "TRIPS plus" provisions in bilateral and regional trade agreements, to facilitate the use of compulsory licensing and parallel importing and to avoid broadening the scope of patentability and the extension of patentable areas.
Mexico to replace Venezuela in trade pact
Mexican officials said Monday they will seek a replacement for Venezuela after the South American nation decided to quit the G-3 trade pact.
Venezuela says it will pull out of G-3
President Hugo Chavez said Sunday Venezuela will pull out of a trade bloc with Colombia and Mexico, its latest move to abandon trade deals with countries that have free-trade pacts with the United States.
Bolivian president calls for creation of Anti-imperialist Community of Nations
Before an audience of more than 25,000 gathered at Havana’s Revolution Square, which coincided with the signing of the Bolivarian Alternative for the Americas (ALBA) agreement one year ago between Cuba and Venezuela, Bolivia officially joined the regional integration agreement through its Peoples Trade Agreement (TCP).
Cuba-Venezuela-Bolivia: The Trade Treaty for the People (TCP)
The Trade Treaty for the People " (TCP) that the presidents Fidel Castro (Cuba), Hugo Chavez (Venezuela) and Evo Morales (Bolivia) signed at Havana is more about politics than trade.
Cuba, Bolivia, Venezuela reject US trade
Bolivia’s new left-leaning president signed a pact with Cuba and Venezuela on Saturday rejecting US-backed free trade and promising a socialist version of regional commerce and cooperation.
Bolivia, Cuba and Venezuela to ink People’s Trade Treaty
The governments of Bolivia, Venezuela and Cuba next Saturday are initialing in Havana a pact to jump start the People’s Trade Treaty (TCP), Bolivian President Evo Morales said, as reported on Wednesday by several Bolivian media.
Chavez says South America should unite, reject US trade pacts
South American nations will have to choose whether they want continental unity or individual trade agreements with the United States — but not both, Venezuelan President Hugo Chavez said Wednesday.
Iglesias: Minister repeats demand that Bogotá, Lima drop deals with Washington
Light Industry and Trade Minister María Cristina Iglesias reiterated the government’s position that Colombia and Peru would have to abandon the bilateral trade deals they recently signed with the United States if Venezuela were to stay in the Andean Community of Nations.
Shifting centres of gravity in Latin America
COPA the Panamanian airline is now flying the Brazilian company Embraer’s E-190 commercial airliners on routes previously dominated by Boeing 737s. This detail highlights broader shifts in the economic balance of power in Latin America away from United States corporations.