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===Observer states===
]s of the organisation include ], ] and ].<ref>{{cite news|url=http://eng.kremlin.ru/text/news/2008/11/209830.shtml|title=Dmitry Medvedev took part in a meeting of the leaders of the Bolivarian Alternative for Latin America.|date=27 November 2008|publisher=]|accessdate=2009-09-30|location=]}}</ref>


==See also== ==See also==

Revision as of 22:21, 30 September 2009

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"ALBA" redirects here. For For other uses, see Alba, see ALBA (disambiguation).
Bolivarian Alliance for the Peoples of Our AmericaAlianza Bolivariana para los Pueblos de Nuestra América Template:Es icon
Coat of arms of ALBA Coat of arms
Largest cityVenezuela Caracas
Official languages 2
Member states 9 Members
Establishment
• Cuba-Venezuela Agreement 14 December 2004
• People's Trade Agreement 29 April 2006
Area
• Total2,625,829 km (1,013,838 sq mi)
Population
• 2008 estimate73,453,238
• Density27.97/km (72.4/sq mi)
GDP (PPP)2008 estimate
• Total$669.206 billion (21)
• Per capita$9,110.64 (82)
Currency 7
Time zoneUTC-4 to -6
Internet TLD 9
Website
AlternativaBolivariana.org

The Bolivarian Alliance for the Peoples of Our America ("Alternative" was replaced with "Alliance" on June 24, 2009) (Template:Lang-es or ALBA - which also means 'dawn' in Spanish) is an international cooperation organization based upon the idea of social, political, and economic integration between the countries of Latin America and the Caribbean. It is associated with left-wing governments, and unlike free trade agreements, the ALBA represents an attempt at regional economic integration that is not based primarily on trade liberalization but on a vision of social welfare, bartering and mutual economic aid. ALBA nations are in the process of introducing a new regional currency, the SUCRE.

Background

The agreement was initially proposed by the government of Venezuela, led by Hugo Chavez, as an alternative to the failed Free Trade Area of the Americas (FTAA or ALCA in Spanish) proposed by the United States. The adjective Bolivarian refers to Simón Bolívar, who is revered as a hero in Venezuela and to a lesser extent in entire Spanish-speaking South America for his leadership of independence movements against Spanish colonial power.

When it was launched, ALBA had two member states, Venezuela and Cuba. Subsequently a number of other Latin American and Caribbean nations have entered into this Peoples' Trade Agreement (Spanish: Tratado de Comercio de los Pueblos, or TCP) which aims to implement the principles of ALBA.

The Cuba-Venezuela Agreement , which was signed on December 14, 2004, by Presidents Hugo Chávez and Fidel Castro, was aimed at the exchange of medical resources and petroleum between both nations. Venezuela delivers about 96,000 barrels of oil per day from its state-owned petroleum operations to Cuba at very favorable prices and Cuba in exchange sent 20,000 state-employed medical staff and thousands of teachers to Venezuela's poorest states.

Membership developments

President Evo Morales of poor but gas-rich Bolivia joined the TCP on April 29, 2006, only days before he announced his intention to nationalize Bolivia's hydrocarbon assets.

Newly elected President Daniel Ortega of Nicaragua signed the agreement in January 2007; Venezuela agreed to forgive Nicaragua's US$31 million debt as a result. On February 23, 2007, Ortega visited Caracas to solidify Nicaragua's participation in ALBA.. However, Nicaragua is also a member of the Central America Free Trade Agreement (CAFTA).

Rafael Correa, the president of Ecuador, signed a joint agreement with Hugo Chávez, to become a member of ALBA once he became president. Ecuador officially joined in June 2009.

In January 2008, the Caribbean island nation of Dominica joined ALBA.

On August 25 2008, Honduran President Manuel Zelaya signed an agreement to join the ALBA, with a rally in front of the Presidential House that was attended by many of the presidents of the countries that are part of ALBA, including Chávez and Morales. Congress approved ALBA on October 9, 2008.

In April 2009 Saint Vincent and the Grenadines was accepted as the seventh member of ALBA, while Grenada stated publicly that it was not yet ready to join the bloc.

In June 2009, the Prime Minister of Jamaica said he would seek address the future of the Caribbean Community (CARICOM) given the effects of ALBA and Trinidad and Tobago's proposed political union with the OECS on the Caribbean Community as the two main elements he says will have a "destabilising effect" on the Caribbean Community (CARICOM) bloc.

Antigua and Barbuda, Ecuador and Saint Vincent and the Grenadines formally joined ALBA on 24 June 2009.

Other developments

In December 2008, ALBA member countries met again to approve the technical details of the introduction of the new currency that was named SUCRE.

Member states

Common name
Official name
Date joined
Population
Area (km²)
GDP PPP (US$ bn)
Capital
Antigua and Barbuda Antigua and Barbuda 24 June 2009 85,632 442 1.546 St. John's
Bolivia Plurinational State of Bolivia 29 April 2006 9,119,152 1,098,581 43.424 Sucre
Cuba Republic of Cuba 14 December 2004 11,451,652 110,861 108.2 Havana
Dominica Commonwealth of Dominica 20 January 2008 72,660 754 .72 Roseau
Ecuador Republic of Ecuador 24 June 2009 14,573,101 256,370 106.993 Quito
Honduras Republic of Honduras 9 October 2008 7,483,763 112,492 32.725 Tegucigalpa
Nicaragua Republic of Nicaragua 23 February 2007 5,891,199 129,495 15.89 Managua
Saint Vincent and the Grenadines Saint Vincent and the Grenadines 24 June 2009 120,000 389 1.085 Kingstown
Venezuela Bolivarian Republic of Venezuela 14 December 2004 28,199,825 916,445 358.623 Caracas
ALBA Totals 9 Countries 73,453,238 2,625,829 669.206

Observer states

Observer states of the organisation include Haiti, Iran and Uruguay.

See also

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References

  1. "ALBA pasa a ser Alianza Bolivariana de los Pueblos de América" (in Spanish). Venezolana de Televisión. June 3, 2009. Retrieved 2009-06-30. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  2. Monthly Review, 2 July 2008, ALBA: Creating a Regional Alternative to Neo-liberalism?
  3. http://www.mltoday.com/Pages/NLiberation/Cuba-VenezPact.html/ initial Cuba-Venezuela TCP
  4. BBC NEWS | Americas | Leftist trio seals Americas pact
  5. venezuelanalysis.com | Venezuela News, Views, and Analysis
  6. Prensa Latina
  7. Venezuelan and Ecuadorian Presidents Seal Friendship with Joint Declaration | venezuelanalysis.com
  8. "Ecuador to Officially Join the ALBA Agreement". Ministry of Foreign Affairs of Cuba. June 3, 2009. Retrieved 2009-06-21. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  9. Fuller, Mike. "Dominica Joins ALBA Revolution". Retrieved 2008-01-28. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  10. http://www.plenglish.com/article.asp?ID={572E71EE-08F1-4328-A8C2-83D8840AC033}&language=EN
  11. Bajo presiones, Congreso ratifica adhesión a la Alba
  12. CARIBBEAN-ALBA-St.Vincent ready to join ALBA but Grenada is not, 21 April 2009
  13. "UNDESIRED CONSEQUENCES: Golding says CARICOM under threat". Caribbean News Agency. 2009-06-10. Retrieved 2009-06-23. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help); Unknown parameter |month= ignored (help)CS1 maint: date and year (link)
  14. http://english.people.com.cn/90001/90777/90852/6683436.html
  15. "Dmitry Medvedev took part in a meeting of the leaders of the Bolivarian Alternative for Latin America". Caracas: Presidential Press and Information Office. 27 November 2008. Retrieved 2009-09-30.

External links

Hugo Chávez
45th President of Venezuela (1999–2013)
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