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| CARACAS 2-3 Dec 2011 Postponed summit to inaugurate regional bloc, CELAC |
| Caracas, 03.12.2011 |
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| The centerpiece of Venezuela's bicentenary celebration was to be the formal inauguration of a new regional bloc, the Community of South American and Caribbean States (CELAC), at a summit of the region's leaders in July. The event was postponed because of President Hugo Chávez' cancer surgery. The rescheduling of the summit can be seen as a statement by Chávez that he is well enough to stand for reelection. CELAC represents a deliberate snub to the United States and Canada.
Founded on 23 Feb 2010 in Mexico, it groups all the countries of the Americas except the United States and Canada. Ahora, a Cuban publication, notes that all Latin American and Caribbean heads of state will attend the summit.
Venezuela describes the founding of CELAC as part of the continued emancipation of the region. Once formalized, it is expected to function parallel to the Organization of American States (OAS), which includes the United States and Canada. Venezuela, the interim president, and Chile have been selected to write the organization’s statutes and host its summits over the next two years.
According to the draft charter, a central concept of the bloc's multilateral trade is that it won't be dominated by any one country. Economic, financial, and technological cooperation should be promoted among already existing regional integration organizations, according to the document. It lists the Common Market of the South, the Community of Andean Nations, the Caribbean Community, and the Bolivarian Alliance for the Peoples of Our America.
The charter aims to address the inequality of wealth in the CELAC region
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