Guatemala May Join
Petrocaribe
Guatemalan President
Alvaro Colom stated his
government is analyzing
Thursday the possibility
of joining the
Petrocaribe energy
initiative, boosted by
Venezuela.
The decision could be
made within one or two
weeks, Colom said in the
Special Summit of the
Central American
Integration System in
San Salvador.
According to the
statesman, the team who
studied benefits for
Guatemala of that
cooperation accord has
concluded its analysis,
so the issue could
appear in the Cabinet
meeting Monday.
On his January visit to
this capital for Colom's
inauguration, Venezuelan
President Hugo Chavez
said that his country's
energy potential is open
to Guatemala through its
entrance to Petrocaribe.
That initiative emerged
in 2005 to solve
asymmetries in access to
oil resources through a
new favorable, equitable
and fair exchange among
the Caribbean basin
countries.
Among benefits are that
nation members only have
to pay 60-percent of the
bill and the rest has a
25-year period of grace
with very low interest.
Antigua and Barbuda,
Bahamas, Belize, Cuba,
Dominica, Grenada,
Guyana, Jamaica,
Dominican Republic,
Saint Kitts and Nevis,
Saint Lucia, Saint
Vincent and the
Grenadines, Surinam,
Venezuela, Haiti and
Nicaragua are currently
members of the
organization. |
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