Bolivia to join Cuba, Venezuela in trade pact to resist FTAA
HAVANA
Bolivian President Evo Morales joined Cuban President Fidel Castro and Venezuelan Presdient Hugo Chavez in Havana on Friday to endorse a trade alternative to replace the U.S.-backed free market trade pact.
The pact calls for shared trade and cooperation among Latin American countries, rejecting the U.S.-backed unsuccessful Free Trade Area of the Americas, or FTAA. Castro and Chavez called the bloc the U.S. attempt to "annex" Latin America.
Saturday's ceremony will mark a deepening political and economic alliance among the three nations, as they work toward their own idea for regional integration without U.S. influence.
Bolivian President Evo Morales joined Cuban President Fidel Castro and Venezuelan Presdient Hugo Chavez in Havana on Friday to endorse a trade alternative to replace the U.S.-backed free market trade pact.
The pact calls for shared trade and cooperation among Latin American countries, rejecting the U.S.-backed unsuccessful Free Trade Area of the Americas, or FTAA. Castro and Chavez called the bloc the U.S. attempt to "annex" Latin America.
Saturday's ceremony will mark a deepening political and economic alliance among the three nations, as they work toward their own idea for regional integration without U.S. influence.
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