0


Latin America unites in new bloc, US not invited


Thirty-three LATIN AMERICAN leaders have come together and formed a new regional bloc, pledging closer economic and political ties. The Community of LATIN AMERICAN and CARIBBEAN STATES (CELAC) pointedly excludes the USA and CANADA.
­On the second day of a summit in the VENEZUELAN capital, Caracas, all LATIN AMERICAN leaders, both right and left, officially signed into effect the formation of the CELAC bloc. The foundation of the bloc has been praised as the realization of the two-centuries-old idea of LATIN AMERICAN “independence” envisioned by Simon Bolivar.

Analysts view CELAC as an alternative to the Washington-based ORGANIZATION OF AMERICAN STATES (OAS) and as an attempt by LATIN AMERICAN countries to reduce US influence in the region.
However Washington does not see CELAC as a replacement to OAS. US Department of State spokesman Mark Toner said the US will continue “to work through the OAS as the pre-eminent multilateral organization, speaking for the hemisphere.”

Political analysts are of the opinion that the US views CELAC as a potential threat to its hegemony in the region.


The 33 leaders pledged to withstand the financial crisis that has struck EUROPE and other developed countries.
BRAZIL’S Dilma Rousseff stressed that the LATIN AMERICAN countries would need to rely more on their neighbors amid the global economic turmoil.
“The economic, financial crisis should be at the center of our concerns,” Rousseff said. She said LATIN AMERICA should “realize that to guarantee its current cycle of development despite the international economic turbulence, it means that every politician must be aware that each one needs the others.”  

CHILEAN President Sebastian Pinera, who assumed the initial rotating presidency at CELAC, expressed hopes that the bloc would help build regional cooperation despite the differences between some of the 33 member states.

The leaders also discussed cooperation in the field of drug trafficking and climate change.
CELAC should be a “political union to build a large power center of the 21st century,” the VENEZUELAN president said, stressing strong regional growth as many countries in the region develop closer ties with ASIA or EUROPE and reduce their traditional reliance on the US.

The formation of CELAC was warmly welcomed by rising global power, CHINA. Hu pledged to deepen cooperation with the CELAC and underlined that in the 21st century the relations between CHINA and LATIN AMERICA have seen all-round and fast development with expansion of mutually beneficial cooperation, according to Xinhua news agency. 

The countries of CELAC have a combined population of nearly 600 MILLION PEOPLE, and a COMBINED GDP OF ABOUT US$6 TRILLION – about a third of the combined output of the US and Canada.


Advertisement
You have just read the article News for today's that category by title RESURRECTION OF A CONTINENT. You can bookmark this page with a URL http://news-these-days.blogspot.com/2011/12/resurrection-of-continent.html. Thank you!
Posted by: Tukiyooo RESURRECTION OF A CONTINENT Updated at : 7:28 AM
Monday, December 5, 2011

Post a Comment

 
Top